American Creek Stock Forecast - 8 Period Moving Average

AMK Stock  CAD 0.32  0.02  5.88%   
The 8 Period Moving Average forecasted value of American Creek Resources on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.73. American Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to climb to 0.25 in 2024, whereas Inventory Turnover is likely to drop 18.41 in 2024. . Common Stock Shares Outstanding is likely to climb to about 464.9 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 186.4 K in 2024.
An 8-period moving average forecast model for American Creek is based on an artificially constructed time series of American Creek daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

American Creek 8 Period Moving Average Price Forecast For the 29th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of American Creek Resources on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.73.
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 Creek's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Creek Stock Forecast Pattern

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American Creek Forecasted Value

In the context of forecasting American Creek'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. American Creek's downside and upside margins for the forecasting period are 0 and 11.80, respectively. We have considered American Creek'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
0.32
0.33
Expected Value
11.80
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of American Creek stock data series using in forecasting. Note that when a statistical model is used to represent American Creek 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 Criteria97.1355
BiasArithmetic mean of the errors -0.0044
MADMean absolute deviation0.0135
MAPEMean absolute percentage error0.0445
SAESum of the absolute errors0.7313
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. American Creek Resources 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for American Creek

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 Creek Resources. 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
0.020.3211.79
Details
Intrinsic
Valuation
LowRealHigh
0.010.2911.76
Details

Other Forecasting Options for American Creek

For every potential investor in American, whether a beginner or expert, American Creek's 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 Creek's price trends.

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

American Creek Resources 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 Creek'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 American Creek's current price.

American Creek Market Strength Events

Market strength indicators help investors to evaluate how American Creek 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 Creek shares will generate the highest return on investment. By undertsting and applying American Creek stock market strength indicators, traders can identify American Creek Resources entry and exit signals to maximize returns.

American Creek Risk Indicators

The analysis of American Creek'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 American Creek's 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for American Stock Analysis

When running American Creek's price analysis, check to measure American Creek'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 American Creek is operating at the current time. Most of American Creek's value examination focuses on studying past and present price action to predict the probability of American Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Creek's price. Additionally, you may evaluate how the addition of American Creek to your portfolios can decrease your overall portfolio volatility.