Amplify Energy Stock Forecast - Naive Prediction

Amplify Energy Additional Predictive Modules

Most predictive techniques to examine Amplify price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Amplify using various technical indicators. When you analyze Amplify 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 naive forecasting model for Amplify Energy is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Amplify Energy Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Amplify Energy Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Amplify Energy Corp on the next trading day is expected to be 4.51 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.87.

Amplify Energy Stock Forecast Pattern

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Amplify Energy Price Prediction

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Amplify Energy Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Amplify Energy stock data series using in forecasting. Note that when a statistical model is used to represent Amplify Energy 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. This model is not at all useful as a medium-long range forecasting tool of Amplify Energy Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Amplify Energy. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Amplify Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amplify Energy Corp. 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 Low Estimated High 1.34 4.66 7.98 Details

Intrinsic Valuation Low Real High 0.78 4.10 7.42 Details

Bollinger Band Projection (param) Low Middle High 4.42 4.67 4.92 Details

Amplify Energy After-Hype Price Density Analysis

Amplify Energy Estimiated After-Hype Price Volatility

Amplify Energy Stock Price Outlook Analysis

Notes

Amplify Energy Hype Timeline

Amplify Energy Corp is presently traded for 4.66. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.07. Amplify is projected 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 projected to be very small, whereas the daily expected return is presently at 0.14%. %. The volatility of related hype on Amplify Energy is about 669.34%, with the expected price after the next announcement by competition of 4.73. About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Amplify Energy Corp recorded a loss per share of 0.69. The entity last dividend was issued on the 13th of March 2020. The firm had 1:10 split on the 4th of August 2015. Given the investment horizon of 90 days the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Amplify Energy to cross-verify your projections.

Amplify Energy Related Hype Analysis

Other Forecasting Options for Amplify Energy

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

Amplify Energy Related Equities

Risk & Return

Correlation

Amplify Energy Market Strength Events

Amplify Energy Risk Indicators

Story Coverage note for Amplify Energy

Additional Tools for Amplify Stock Analysis