Akamai Technologies Stock Forecast - Simple Moving Average
| AKAM Stock | USD 97.03 3.31 3.53% |
The Simple Moving Average forecasted value of Akamai Technologies on the next trading day is expected to be 95.38 with a mean absolute deviation of 1.67 and the sum of the absolute errors of 98.39. Akamai Stock Forecast is based on your current time horizon.
The value of RSI of Akamai Technologies' stock price is about 63. This suggests that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Akamai, making its price go up or down. Momentum 63
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Oversold | Overbought |
Using Akamai Technologies hype-based prediction, you can estimate the value of Akamai Technologies from the perspective of Akamai Technologies response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Akamai Technologies on the next trading day is expected to be 95.38 with a mean absolute deviation of 1.67 and the sum of the absolute errors of 98.39. Akamai Technologies after-hype prediction price | USD 97.03 |
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 Akamai Technologies to cross-verify your projections. Akamai Technologies Additional Predictive Modules
Most predictive techniques to examine Akamai price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Akamai using various technical indicators. When you analyze Akamai 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Akamai Technologies Simple Moving Average Price Forecast For the 23rd of January
Given 90 days horizon, the Simple Moving Average forecasted value of Akamai Technologies on the next trading day is expected to be 95.38 with a mean absolute deviation of 1.67, mean absolute percentage error of 6.58, and the sum of the absolute errors of 98.39.Please note that although there have been many attempts to predict Akamai 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 Akamai Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Akamai Technologies Stock Forecast Pattern
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Akamai Technologies Forecasted Value
In the context of forecasting Akamai Technologies' 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. Akamai Technologies' downside and upside margins for the forecasting period are 92.66 and 98.09, respectively. We have considered Akamai Technologies' 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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Akamai Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Akamai Technologies 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 | 116.3194 |
| Bias | Arithmetic mean of the errors | -0.5233 |
| MAD | Mean absolute deviation | 1.6675 |
| MAPE | Mean absolute percentage error | 0.0192 |
| SAE | Sum of the absolute errors | 98.385 |
Predictive Modules for Akamai Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akamai Technologies. 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.Akamai Technologies After-Hype Price Prediction Density Analysis
As far as predicting the price of Akamai Technologies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Akamai Technologies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Akamai Technologies, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Akamai Technologies Estimiated After-Hype Price Volatility
In the context of predicting Akamai Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Akamai Technologies' historical news coverage. Akamai Technologies' after-hype downside and upside margins for the prediction period are 94.32 and 99.74, respectively. We have considered Akamai Technologies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Akamai Technologies is very steady at this time. Analysis and calculation of next after-hype price of Akamai Technologies is based on 3 months time horizon.
Akamai Technologies Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Akamai Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akamai Technologies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Akamai Technologies, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.46 | 2.71 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
97.03 | 97.03 | 0.00 |
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Akamai Technologies Hype Timeline
Akamai Technologies is presently traded for 97.03. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Akamai is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.46%. %. The volatility of related hype on Akamai Technologies is about 0.0%, with the expected price after the next announcement by competition of 97.03. About 98.0% of the company shares are held by institutions such as insurance companies. The book value of Akamai Technologies was presently reported as 32.91. The company has Price/Earnings To Growth (PEG) ratio of 0.99. Akamai Technologies had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Akamai Technologies to cross-verify your projections.Akamai Technologies Related Hype Analysis
Having access to credible news sources related to Akamai Technologies' direct competition is more important than ever and may enhance your ability to predict Akamai Technologies' future price movements. Getting to know how Akamai Technologies' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Akamai Technologies may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DOX | Amdocs | 0.00 | 0 per month | 1.90 | (0.06) | 1.50 | (1.79) | 8.96 | |
| PAYC | Paycom Software | 0.00 | 0 per month | 0.00 | (0.24) | 2.32 | (3.50) | 11.72 | |
| IDCC | InterDigital | 0.00 | 0 per month | 0.00 | (0.09) | 3.53 | (4.57) | 17.55 | |
| PEGA | Pegasystems | 0.00 | 0 per month | 0.00 | (0.21) | 4.17 | (4.07) | 11.55 | |
| SAIL | SailPoint Common Stock | 0.00 | 0 per month | 0.00 | (0.17) | 3.80 | (5.23) | 12.06 | |
| JKHY | Jack Henry Associates | 0.00 | 0 per month | 0.79 | 0.17 | 2.26 | (1.82) | 7.13 | |
| OTEX | Open Text Corp | 0.00 | 0 per month | 0.00 | (0.35) | 1.45 | (3.91) | 7.58 | |
| MANH | Manhattan Associates | 0.00 | 0 per month | 0.00 | (0.20) | 2.51 | (3.48) | 7.48 | |
| GTM | ZoomInfo Technologies | 0.00 | 0 per month | 0.00 | (0.15) | 4.11 | (4.63) | 16.16 | |
| DBX | Dropbox | 0.00 | 0 per month | 0.00 | (0.14) | 2.53 | (2.46) | 15.22 |
Other Forecasting Options for Akamai Technologies
For every potential investor in Akamai, whether a beginner or expert, Akamai Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Akamai Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Akamai. Basic forecasting techniques help filter out the noise by identifying Akamai Technologies' price trends.Akamai Technologies 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 Akamai Technologies stock to make a market-neutral strategy. Peer analysis of Akamai Technologies could also be used in its relative valuation, which is a method of valuing Akamai Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akamai Technologies Market Strength Events
Market strength indicators help investors to evaluate how Akamai Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akamai Technologies shares will generate the highest return on investment. By undertsting and applying Akamai Technologies stock market strength indicators, traders can identify Akamai Technologies entry and exit signals to maximize returns.
Akamai Technologies Risk Indicators
The analysis of Akamai Technologies' 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 Akamai Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akamai 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 | 1.78 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.36 | |||
| Downside Variance | 3.93 | |||
| Semi Variance | 2.7 | |||
| Expected Short fall | (2.01) |
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.
Story Coverage note for Akamai Technologies
The number of cover stories for Akamai Technologies depends on current market conditions and Akamai Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Akamai Technologies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Akamai Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Akamai Technologies Short Properties
Akamai Technologies' future price predictability will typically decrease when Akamai Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Akamai Technologies often depends not only on the future outlook of the potential Akamai Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Akamai Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 154.3 M | |
| Cash And Short Term Investments | 1.6 B |
Check out Historical Fundamental Analysis of Akamai Technologies to cross-verify your projections. To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Stock 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 Akamai Technologies. If investors know Akamai 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 Akamai Technologies 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 Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' 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 Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' 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 Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' 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.