American Homes Stock Forecast - Double Exponential Smoothing

AMH Stock  USD 38.32  0.27  0.71%   
The Double Exponential Smoothing forecasted value of American Homes 4 on the next trading day is expected to be 38.32 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.38. American Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of American Homes' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, American Homes' Inventory Turnover is increasing as compared to previous years. The American Homes' current Fixed Asset Turnover is estimated to increase to 102.56, while Payables Turnover is projected to decrease to 19.49. . The American Homes' current Net Income Applicable To Common Shares is estimated to increase to about 301.9 M, while Common Stock Shares Outstanding is projected to decrease to under 257.5 M.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for American Homes works best with periods where there are trends or seasonality.

American Homes Double Exponential Smoothing Price Forecast For the 27th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of American Homes 4 on the next trading day is expected to be 38.32 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.22, and the sum of the absolute errors of 21.38.
Please note that although there have been many attempts to predict American 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 American Homes' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Homes Stock Forecast Pattern

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American Homes Forecasted Value

In the context of forecasting American Homes' 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. American Homes' downside and upside margins for the forecasting period are 37.10 and 39.54, respectively. We have considered American Homes' 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
38.32
38.32
Expected Value
39.54
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of American Homes stock data series using in forecasting. Note that when a statistical model is used to represent American Homes 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0173
MADMean absolute deviation0.3624
MAPEMean absolute percentage error0.0095
SAESum of the absolute errors21.38
When American Homes 4 prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any American Homes 4 trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent American Homes observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for American Homes

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Homes 4. 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
37.0938.3139.53
Details
Intrinsic
Valuation
LowRealHigh
36.5737.7939.01
Details
22 Analysts
Consensus
LowTargetHigh
34.0237.3941.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.150.11
Details

Other Forecasting Options for American Homes

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

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

American Homes 4 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 American Homes' 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 American Homes' current price.

American Homes Market Strength Events

Market strength indicators help investors to evaluate how American Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Homes shares will generate the highest return on investment. By undertsting and applying American Homes stock market strength indicators, traders can identify American Homes 4 entry and exit signals to maximize returns.

American Homes Risk Indicators

The analysis of American Homes' 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 American Homes' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.

Currently Active Assets on Macroaxis

When determining whether American Homes 4 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Homes' 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 American Homes 4 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Homes 4 Stock:
Check out Historical Fundamental Analysis of American Homes to cross-verify your projections.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Single-Family Residential 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 American Homes. If investors know American 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 American Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1
Earnings Share
0.96
Revenue Per Share
4.649
Quarterly Revenue Growth
0.055
Return On Assets
0.0192
The market value of American Homes 4 is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Homes' value that differs from its market value or its book value, called intrinsic value, which is American Homes' 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 American Homes' market value can be influenced by many factors that don't directly affect American Homes' 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 American Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Homes' 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.