American Transportation Stock Forecast - Simple Exponential Smoothing
| ATHI Stock | USD 0.01 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of American Transportation Holdings on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. American Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of American Transportation's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, American Transportation's Total Stockholder Equity is increasing as compared to previous years. The American Transportation's current Net Tangible Assets is estimated to increase to about 255.6 K, while Retained Earnings are projected to decrease to (183.7 K). American Transportation Simple Exponential Smoothing Price Forecast For the 30th of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of American Transportation Holdings on the next trading day is expected to be 0.01 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.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 Transportation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
American Transportation Stock Forecast Pattern
| Backtest American Transportation | American Transportation Price Prediction | Buy or Sell Advice |
American Transportation Forecasted Value
In the context of forecasting American Transportation'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 Transportation's downside and upside margins for the forecasting period are 0.01 and 0.01, respectively. We have considered American Transportation'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of American Transportation stock data series using in forecasting. Note that when a statistical model is used to represent American Transportation 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for American Transportation
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 Transportation. 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.Other Forecasting Options for American Transportation
For every potential investor in American, whether a beginner or expert, American Transportation'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 Transportation's price trends.American Transportation 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 Transportation stock to make a market-neutral strategy. Peer analysis of American Transportation could also be used in its relative valuation, which is a method of valuing American Transportation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
American Transportation 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 Transportation'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 Transportation's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American Transportation Market Strength Events
Market strength indicators help investors to evaluate how American Transportation 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 Transportation shares will generate the highest return on investment. By undertsting and applying American Transportation stock market strength indicators, traders can identify American Transportation Holdings entry and exit signals to maximize returns.
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Check out Historical Fundamental Analysis of American Transportation to cross-verify your projections. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Stock 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 Transportation. 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 Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of American Transportation 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 Transportation's value that differs from its market value or its book value, called intrinsic value, which is American Transportation's 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 Transportation's market value can be influenced by many factors that don't directly affect American Transportation's 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 Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Transportation's 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.