Akzo Nobel OTC Stock Forecast - Simple Moving Average
| AKZOY Stock | USD 23.46 0.26 1.12% |
The Simple Moving Average forecasted value of Akzo Nobel NV on the next trading day is expected to be 23.46 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.04. Akzo OTC Stock Forecast is based on your current time horizon.
At this time, The value of RSI of Akzo Nobel's share price is at 55. This suggests that the otc stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Akzo Nobel, making its price go up or down. Momentum 55
Impartial
Oversold | Overbought |
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Akzo Nobel based on different types of headlines from major news networks to social media. Using Akzo Nobel hype-based prediction, you can estimate the value of Akzo Nobel NV from the perspective of Akzo Nobel response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Akzo Nobel NV on the next trading day is expected to be 23.46 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.04. Akzo Nobel after-hype prediction price | USD 23.46 |
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Akzo |
Akzo Nobel Additional Predictive Modules
Most predictive techniques to examine Akzo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Akzo using various technical indicators. When you analyze Akzo 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 | ||
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Akzo Nobel Simple Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Akzo Nobel NV on the next trading day is expected to be 23.46 with a mean absolute deviation of 0.30, mean absolute percentage error of 0.15, and the sum of the absolute errors of 18.04.Please note that although there have been many attempts to predict Akzo OTC 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 Akzo Nobel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Akzo Nobel OTC Stock Forecast Pattern
| Backtest Akzo Nobel | Akzo Nobel Price Prediction | Buy or Sell Advice |
Akzo Nobel Forecasted Value
In the context of forecasting Akzo Nobel's OTC 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. Akzo Nobel's downside and upside margins for the forecasting period are 22.03 and 24.89, respectively. We have considered Akzo Nobel'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Akzo Nobel otc stock data series using in forecasting. Note that when a statistical model is used to represent Akzo Nobel otc 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 | 114.3493 |
| Bias | Arithmetic mean of the errors | -0.0018 |
| MAD | Mean absolute deviation | 0.3007 |
| MAPE | Mean absolute percentage error | 0.0136 |
| SAE | Sum of the absolute errors | 18.04 |
Predictive Modules for Akzo Nobel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akzo Nobel NV. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Akzo Nobel After-Hype Price Prediction Density Analysis
As far as predicting the price of Akzo Nobel 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 Akzo Nobel 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 OTC Stock prices, such as prices of Akzo Nobel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Akzo Nobel Estimiated After-Hype Price Volatility
In the context of predicting Akzo Nobel's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Akzo Nobel's historical news coverage. Akzo Nobel's after-hype downside and upside margins for the prediction period are 22.03 and 24.89, respectively. We have considered Akzo Nobel's 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
Akzo Nobel is very steady at this time. Analysis and calculation of next after-hype price of Akzo Nobel NV is based on 3 months time horizon.
Akzo Nobel OTC Stock Price Prediction Analysis
Have you ever been surprised when a price of a OTC Stock such as Akzo Nobel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akzo Nobel 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 OTC 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 Akzo Nobel, 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 |
0.01 | 1.43 | 0.00 | 0.00 | 0 Events / Month | 5 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
23.46 | 23.46 | 0.00 |
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Akzo Nobel Hype Timeline
Akzo Nobel NV is presently traded for 23.46. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Akzo is estimated 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 estimated to be very small, whereas the daily expected return is presently at 0.01%. %. The volatility of related hype on Akzo Nobel is about 47666.67%, with the expected price after the next announcement by competition of 23.46. The book value of the company was presently reported as 9.88. The company has Price/Earnings To Growth (PEG) ratio of 1.28. Akzo Nobel NV last dividend was issued on the 2nd of November 2022. The entity had 888:1000 split on the 24th of January 2019. Assuming the 90 days horizon the next estimated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Akzo Nobel to cross-verify your projections.Akzo Nobel Related Hype Analysis
Having access to credible news sources related to Akzo Nobel's direct competition is more important than ever and may enhance your ability to predict Akzo Nobel's future price movements. Getting to know how Akzo Nobel's 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 Akzo Nobel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PTPIF | PT Chandra Asri | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 115.96 | |
| SKFOF | Sika AG | (0.09) | 4 per month | 0.00 | (0.15) | 3.76 | (4.03) | 16.75 | |
| GVDBF | Givaudan SA | (0.09) | 8 per month | 0.00 | (0.11) | 4.22 | (4.79) | 14.39 | |
| SXYAY | Sika AG ADR | 0.00 | 0 per month | 0.00 | (0.16) | 2.57 | (4.18) | 14.37 | |
| GVDNY | Givaudan SA ADR | 0.00 | 0 per month | 0.00 | (0.19) | 1.92 | (1.93) | 9.88 | |
| NVZMY | Novozymes AS | 0.13 | 18 per month | 1.32 | (0.05) | 3.11 | (2.15) | 9.94 | |
| NVZMF | Novozymes AS B | (0.09) | 31 per month | 2.10 | (0.04) | 4.84 | (3.67) | 12.06 | |
| PTCAY | Chandra Asri Petrochemical | (0.09) | 4 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GFIOF | Gold Fields Limited | 0.13 | 19 per month | 2.20 | 0.02 | 7.72 | (3.74) | 20.91 | |
| CHHQY | China Hongqiao Group | 0.13 | 7 per month | 0.00 | 0.09 | 0.00 | 0.00 | 32.40 |
Other Forecasting Options for Akzo Nobel
For every potential investor in Akzo, whether a beginner or expert, Akzo Nobel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Akzo OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Akzo. Basic forecasting techniques help filter out the noise by identifying Akzo Nobel's price trends.Akzo Nobel 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 Akzo Nobel otc stock to make a market-neutral strategy. Peer analysis of Akzo Nobel could also be used in its relative valuation, which is a method of valuing Akzo Nobel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akzo Nobel Market Strength Events
Market strength indicators help investors to evaluate how Akzo Nobel otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akzo Nobel shares will generate the highest return on investment. By undertsting and applying Akzo Nobel otc stock market strength indicators, traders can identify Akzo Nobel NV entry and exit signals to maximize returns.
Akzo Nobel Risk Indicators
The analysis of Akzo Nobel'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 Akzo Nobel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akzo otc 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 | 1.03 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.88 |
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 Akzo Nobel
The number of cover stories for Akzo Nobel depends on current market conditions and Akzo Nobel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Akzo Nobel 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 Akzo Nobel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Akzo OTC Stock Analysis
When running Akzo Nobel's price analysis, check to measure Akzo Nobel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akzo Nobel is operating at the current time. Most of Akzo Nobel's value examination focuses on studying past and present price action to predict the probability of Akzo Nobel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akzo Nobel's price. Additionally, you may evaluate how the addition of Akzo Nobel to your portfolios can decrease your overall portfolio volatility.