Antero Resources Stock Forecast - Simple Exponential Smoothing

AR Stock  USD 33.11  0.29  0.87%   
The Simple Exponential Smoothing forecasted value of Antero Resources Corp on the next trading day is expected to be 33.11 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 32.07. Antero Stock Forecast is based on your current time horizon. Although Antero Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Antero Resources' systematic risk associated with finding meaningful patterns of Antero Resources fundamentals over time.
  
As of 11/22/2024, Payables Turnover is likely to grow to 105.03, while Inventory Turnover is likely to drop 1.16. . As of 11/22/2024, Common Stock Shares Outstanding is likely to grow to about 316.9 M. Also, Net Income Applicable To Common Shares is likely to grow to about 1.8 B.
Antero Resources simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Antero Resources Corp are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Antero Resources Corp prices get older.

Antero Resources Simple Exponential Smoothing Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Antero Resources Corp on the next trading day is expected to be 33.11 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.60, and the sum of the absolute errors of 32.07.
Please note that although there have been many attempts to predict Antero 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 Antero Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Antero Resources Stock Forecast Pattern

Backtest Antero ResourcesAntero Resources Price PredictionBuy or Sell Advice 

Antero Resources Forecasted Value

In the context of forecasting Antero Resources' 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. Antero Resources' downside and upside margins for the forecasting period are 30.42 and 35.80, respectively. We have considered Antero Resources' 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
33.11
33.11
Expected Value
35.80
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Antero Resources stock data series using in forecasting. Note that when a statistical model is used to represent Antero Resources 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 Criteria115.76
BiasArithmetic mean of the errors -0.1035
MADMean absolute deviation0.5345
MAPEMean absolute percentage error0.0189
SAESum of the absolute errors32.07
This simple exponential smoothing model begins by setting Antero Resources Corp forecast for the second period equal to the observation of the first period. In other words, recent Antero Resources observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Antero Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Antero Resources 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
LowEstimatedHigh
30.7133.4036.09
Details
Intrinsic
Valuation
LowRealHigh
24.0326.7236.74
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.3529.2634.16
Details
23 Analysts
Consensus
LowTargetHigh
30.1533.1336.77
Details

Other Forecasting Options for Antero Resources

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

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

Antero Resources Corp 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 Antero Resources' 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 Antero Resources' current price.

Antero Resources Market Strength Events

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

Antero Resources Risk Indicators

The analysis of Antero Resources' 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 Antero Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting antero 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.

Pair Trading with Antero Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Antero Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Antero Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Antero Stock

  0.65LB LandBridge Company Upward RallyPairCorr
  0.84PR Permian Resources Aggressive PushPairCorr

Moving against Antero Stock

  0.65BRY Berry Petroleum CorpPairCorr
  0.55BRN Barnwell IndustriesPairCorr
  0.37APA APA CorporationPairCorr
The ability to find closely correlated positions to Antero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Antero Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Antero Resources Corp to buy it.
The correlation of Antero Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Antero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Antero Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Antero Stock Analysis

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