Accel Entertainment Stock Forecast - 4 Period Moving Average
| ACEL Stock | USD 11.51 0.11 0.96% |
The 4 Period Moving Average forecasted value of Accel Entertainment on the next trading day is expected to be 11.46 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.38. Accel Stock Forecast is based on your current time horizon. Although Accel Entertainment's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Accel Entertainment's systematic risk associated with finding meaningful patterns of Accel Entertainment fundamentals over time.
Accel |
Accel Entertainment 4 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Accel Entertainment on the next trading day is expected to be 11.46 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.38.Please note that although there have been many attempts to predict Accel Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Accel Entertainment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Accel Entertainment Stock Forecast Pattern
| Backtest Accel Entertainment | Accel Entertainment Price Prediction | Buy or Sell Advice |
Accel Entertainment Forecasted Value
In the context of forecasting Accel Entertainment's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Accel Entertainment's downside and upside margins for the forecasting period are 10.15 and 12.77, respectively. We have considered Accel Entertainment's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Accel Entertainment stock data series using in forecasting. Note that when a statistical model is used to represent Accel Entertainment stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 108.0021 |
| Bias | Arithmetic mean of the errors | 0.0012 |
| MAD | Mean absolute deviation | 0.1997 |
| MAPE | Mean absolute percentage error | 0.0173 |
| SAE | Sum of the absolute errors | 11.3825 |
Predictive Modules for Accel Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accel Entertainment. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accel Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Accel Entertainment
For every potential investor in Accel, whether a beginner or expert, Accel Entertainment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Accel Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Accel. Basic forecasting techniques help filter out the noise by identifying Accel Entertainment's price trends.Accel Entertainment Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Accel Entertainment stock to make a market-neutral strategy. Peer analysis of Accel Entertainment could also be used in its relative valuation, which is a method of valuing Accel Entertainment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Accel Entertainment Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Accel Entertainment's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Accel Entertainment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Accel Entertainment Market Strength Events
Market strength indicators help investors to evaluate how Accel Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accel Entertainment shares will generate the highest return on investment. By undertsting and applying Accel Entertainment stock market strength indicators, traders can identify Accel Entertainment entry and exit signals to maximize returns.
Accel Entertainment Risk Indicators
The analysis of Accel Entertainment's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Accel Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting accel stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.77 | |||
| Downside Variance | 1.57 | |||
| Semi Variance | 1.44 | |||
| Expected Short fall | (1.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Accel Entertainment to cross-verify your projections. For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accel Entertainment. If investors know Accel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accel Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Earnings Share 0.51 | Revenue Per Share 14.41 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0784 |
The market value of Accel Entertainment is measured differently than its book value, which is the value of Accel that is recorded on the company's balance sheet. Investors also form their own opinion of Accel Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Accel Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accel Entertainment's market value can be influenced by many factors that don't directly affect Accel Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accel Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accel Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accel Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.