AMCON Distributing Stock Forward View - Simple Regression
| DIT Stock | USD 89.54 0.18 0.20% |
Simple Regression is applied to AMCON Distributing's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. These values update automatically with each new closing price. AIC measures relative model quality — lower AIC values indicate a better-fitting model. The Simple Regression model projects AMCON Distributing at 94.62 for the next trading day, above the most recent closing price. This Simple Regression output is provided as analytical reference and does not constitute a trading recommendation.
Simple Regression Price Forecast For the 7th of May
Over a 90-day horizon, the Simple Regression model forecasts AMCON Distributing at 94.62 for the next trading day, with a mean absolute deviation of 3.12 , mean absolute percentage error of 0.04 , and sum of absolute errors of 190.20 .This represents a tight forecast with good short-term tracking of AMCON Distributing's price movement. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest AMCON Distributing | AMCON Distributing Price Prediction | Research Analysis |
Forecasted Value
This forecast for AMCON Distributing frames the expected trading range using downside and upside bounds rather than a single point target. The projected band runs from roughly 92.40 on the downside to about 96.85 on the upside. The moderate spread reflects defined uncertainty around the forecast.
Model Predictive Factors
The table below summarizes the Simple Regression model's error metrics for AMCON Distributing stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 120.6653 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 3.1181 |
| MAPE | Mean absolute percentage error | 0.0374 |
| SAE | Sum of the absolute errors | 190.2037 |
Other Forecasting Options for AMCON Distributing
The distribution of AMCON Distributing's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This reveals hidden support and resistance zones in AMCON Distributing's chart that simple price charts miss. The slope of AMCON Distributing's linear regression channel quantifies trend direction and strength over a chosen lookback period. Divergences between OBV and price foreshadow trend changes in AMCON.AMCON Distributing Related Equities
These related stocks within the Consumer Discretionary space give benchmarks for judging AMCON Distributing's results, margins, and growth trend. Growth rate gaps between AMCON Distributing and its peers often explain pricing differences in the market.
| Risk & Return | Correlation |
AMCON Distributing Market Strength Events
Market strength indicators for AMCON Distributing stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in AMCON Distributing. Median and Typical Price smooth out intraday extremes, providing a cleaner reference level for evaluating AMCON Distributing sessions. Persistent divergence between momentum indicators and price often precedes trend reversals in AMCON Distributing.
AMCON Distributing Risk Indicators
Assessing AMCON Distributing's risk indicators is a structured way to evaluate the risk-return trade-off for amcon stock. The level of risk embedded in AMCON Distributing's feeds directly into exposure calibration. Comparing AMCON Distributing's downside variance to total variance reveals whether the risk profile is skewed toward losses. These risk measures complement the price analysis above by framing how dispersed recent returns have been.
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.9 | |||
| Downside Variance | 4.09 | |||
| Semi Variance | 1.66 | |||
| Expected Short fall | -2.17 |
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.
AMCON Distributing Short Properties
Short-interest data for AMCON Distributing reveals whether bearish conviction in the market is gaining traction. When applied, these measures clarify when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 616,486 | |
| Cash And Short Term Investments | 744,613 |
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