Agree Realty Stock Forecast - Polynomial Regression

ADC Stock  USD 71.82  0.30  0.42%   
The Polynomial Regression forecasted value of Agree Realty on the next trading day is expected to be 71.98 with a mean absolute deviation of 0.84 and the sum of the absolute errors of 50.95. Agree Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Agree Realty stock prices and determine the direction of Agree Realty's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Agree Realty's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of Agree Realty's share price is approaching 49. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Agree Realty, making its price go up or down.

Momentum 49

 Impartial

 
Oversold
 
Overbought
The successful prediction of Agree Realty's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Agree Realty, which may create opportunities for some arbitrage if properly timed.
Using Agree Realty hype-based prediction, you can estimate the value of Agree Realty from the perspective of Agree Realty response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Agree Realty on the next trading day is expected to be 71.98 with a mean absolute deviation of 0.84 and the sum of the absolute errors of 50.95.

Agree Realty after-hype prediction price

    
  USD 72.1  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Agree Realty to cross-verify your projections.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.

Agree Realty Additional Predictive Modules

Most predictive techniques to examine Agree price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Agree using various technical indicators. When you analyze Agree charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Agree Realty polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Agree Realty as well as the accuracy indicators are determined from the period prices.

Agree Realty Polynomial Regression Price Forecast For the 6th of January

Given 90 days horizon, the Polynomial Regression forecasted value of Agree Realty on the next trading day is expected to be 71.98 with a mean absolute deviation of 0.84, mean absolute percentage error of 1.05, and the sum of the absolute errors of 50.95.
Please note that although there have been many attempts to predict Agree 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 Agree Realty's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Agree Realty Stock Forecast Pattern

Backtest Agree RealtyAgree Realty Price PredictionBuy or Sell Advice 

Agree Realty Forecasted Value

In the context of forecasting Agree Realty'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. Agree Realty's downside and upside margins for the forecasting period are 71.23 and 72.72, respectively. We have considered Agree Realty'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.
Market Value
71.82
71.98
Expected Value
72.72
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Agree Realty stock data series using in forecasting. Note that when a statistical model is used to represent Agree Realty 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.
AICAkaike Information Criteria118.1591
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8352
MAPEMean absolute percentage error0.0115
SAESum of the absolute errors50.9487
A single variable polynomial regression model attempts to put a curve through the Agree Realty historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Agree Realty

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agree Realty. 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 Agree Realty'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.
Hype
Prediction
LowEstimatedHigh
71.3672.1072.84
Details
Intrinsic
Valuation
LowRealHigh
64.9177.2778.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
72.1272.1272.12
Details

Other Forecasting Options for Agree Realty

For every potential investor in Agree, whether a beginner or expert, Agree Realty's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Agree Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Agree. Basic forecasting techniques help filter out the noise by identifying Agree Realty's price trends.

Agree Realty 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 Agree Realty stock to make a market-neutral strategy. Peer analysis of Agree Realty could also be used in its relative valuation, which is a method of valuing Agree Realty by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Agree Realty 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 Agree Realty'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 Agree Realty's current price.

Agree Realty Market Strength Events

Market strength indicators help investors to evaluate how Agree Realty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agree Realty shares will generate the highest return on investment. By undertsting and applying Agree Realty stock market strength indicators, traders can identify Agree Realty entry and exit signals to maximize returns.

Agree Realty Risk Indicators

The analysis of Agree Realty'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 Agree Realty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agree 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:
Check out Historical Fundamental Analysis of Agree Realty to cross-verify your projections.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Retail REITs 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 Agree Realty. If investors know Agree 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 Agree Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.