Altenergy Acquisition Stock Forecast - Simple Moving Average

AEAE Stock  USD 12.01  0.00  0.00%   
The Simple Moving Average forecasted value of Altenergy Acquisition Corp on the next trading day is expected to be 12.01 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.12. Altenergy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Altenergy Acquisition stock prices and determine the direction of Altenergy Acquisition Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Altenergy Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Altenergy Acquisition's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Altenergy Acquisition's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Altenergy Acquisition and does not consider all of the tangible or intangible factors available from Altenergy Acquisition's fundamental data. We analyze noise-free headlines and recent hype associated with Altenergy Acquisition Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Altenergy Acquisition's stock price prediction:
Quarterly Earnings Growth
(0.93)
Using Altenergy Acquisition hype-based prediction, you can estimate the value of Altenergy Acquisition Corp from the perspective of Altenergy Acquisition response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Altenergy Acquisition Corp on the next trading day is expected to be 12.01 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.12.

Altenergy Acquisition after-hype prediction price

    
  USD 12.01  
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 Altenergy Acquisition to cross-verify your projections.
At present, Altenergy Acquisition's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 9.8 M, whereas Total Stockholder Equity is projected to grow to (6.4 M).

Altenergy Acquisition Additional Predictive Modules

Most predictive techniques to examine Altenergy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Altenergy using various technical indicators. When you analyze Altenergy 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.
A two period moving average forecast for Altenergy Acquisition is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Altenergy Acquisition Simple Moving Average Price Forecast For the 3rd of January

Given 90 days horizon, the Simple Moving Average forecasted value of Altenergy Acquisition Corp on the next trading day is expected to be 12.01 with a mean absolute deviation of 0.36, mean absolute percentage error of 2.10, and the sum of the absolute errors of 21.12.
Please note that although there have been many attempts to predict Altenergy 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 Altenergy Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Altenergy Acquisition Stock Forecast Pattern

Backtest Altenergy AcquisitionAltenergy Acquisition Price PredictionBuy or Sell Advice 

Altenergy Acquisition Forecasted Value

In the context of forecasting Altenergy Acquisition'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. Altenergy Acquisition's downside and upside margins for the forecasting period are 3.13 and 20.89, respectively. We have considered Altenergy Acquisition'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
12.01
12.01
Expected Value
20.89
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Altenergy Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Altenergy Acquisition 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 Criteria115.1768
BiasArithmetic mean of the errors -0.0025
MADMean absolute deviation0.358
MAPEMean absolute percentage error0.0243
SAESum of the absolute errors21.12
The simple moving average model is conceptually a linear regression of the current value of Altenergy Acquisition Corp price series against current and previous (unobserved) value of Altenergy Acquisition. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Altenergy Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altenergy Acquisition. 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.
Hype
Prediction
LowEstimatedHigh
3.0612.0120.96
Details
Intrinsic
Valuation
LowRealHigh
4.7813.7322.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.0112.0112.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altenergy Acquisition. Your research has to be compared to or analyzed against Altenergy Acquisition's peers to derive any actionable benefits. When done correctly, Altenergy Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Altenergy Acquisition.

Other Forecasting Options for Altenergy Acquisition

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

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

Altenergy Acquisition 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 Altenergy Acquisition'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 Altenergy Acquisition's current price.

Altenergy Acquisition Market Strength Events

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

Altenergy Acquisition Risk Indicators

The analysis of Altenergy Acquisition'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 Altenergy Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altenergy 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 Altenergy Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Altenergy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Altenergy Acquisition Corp Stock. Highlighted below are key reports to facilitate an investment decision about Altenergy Acquisition Corp Stock:
Check out Historical Fundamental Analysis of Altenergy Acquisition to cross-verify your projections.
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Is Asset Management & Custody Banks 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 Altenergy Acquisition. If investors know Altenergy 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 Altenergy Acquisition 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
(0.93)
Earnings Share
(0.43)
Return On Assets
(0.12)
The market value of Altenergy Acquisition is measured differently than its book value, which is the value of Altenergy that is recorded on the company's balance sheet. Investors also form their own opinion of Altenergy Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Altenergy Acquisition'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 Altenergy Acquisition's market value can be influenced by many factors that don't directly affect Altenergy Acquisition'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 Altenergy Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altenergy Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altenergy Acquisition'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.