Accent (Australia) Chance of Future Stock Price Finishing Under 0.11
AX1 Stock | 2.28 0.03 1.33% |
Accent |
Accent Target Price Odds to finish below 0.11
The tendency of Accent Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to 0.11 or more in 90 days |
2.28 | 90 days | 0.11 | near 1 |
Based on a normal probability distribution, the odds of Accent to drop to 0.11 or more in 90 days from now is near 1 (This Accent Group probability density function shows the probability of Accent Stock to fall within a particular range of prices over 90 days) . Probability of Accent Group price to stay between 0.11 and its current price of 2.28 at the end of the 90-day period is about 35.72 .
Assuming the 90 days trading horizon Accent Group has a beta of -0.26. This suggests as returns on the benchmark increase, returns on holding Accent are expected to decrease at a much lower rate. During a bear market, however, Accent Group is likely to outperform the market. Additionally Accent Group has an alpha of 0.1883, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Accent Price Density |
Price |
Predictive Modules for Accent
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accent Group. 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.Accent Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accent is not an exception. The market had few large corrections towards the Accent's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Accent Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accent within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.02 |
Accent Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Accent for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Accent Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Accent Group is unlikely to experience financial distress in the next 2 years | |
About 30.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: Closing Bell Retail stocks dip after Accent AGM but Bitcoin, goldies keep surging - MSN |
Accent Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Accent Stock often depends not only on the future outlook of the current and potential Accent's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Accent's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 564 M | |
Cash And Short Term Investments | 28.1 M |
Accent Technical Analysis
Accent's future price can be derived by breaking down and analyzing its technical indicators over time. Accent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accent Group. In general, you should focus on analyzing Accent Stock price patterns and their correlations with different microeconomic environments and drivers.
Accent Predictive Forecast Models
Accent's time-series forecasting models is one of many Accent's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Accent's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Accent Group
Checking the ongoing alerts about Accent for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Accent Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Accent Group is unlikely to experience financial distress in the next 2 years | |
About 30.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: Closing Bell Retail stocks dip after Accent AGM but Bitcoin, goldies keep surging - MSN |
Additional Tools for Accent Stock Analysis
When running Accent's price analysis, check to measure Accent'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 Accent is operating at the current time. Most of Accent's value examination focuses on studying past and present price action to predict the probability of Accent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accent's price. Additionally, you may evaluate how the addition of Accent to your portfolios can decrease your overall portfolio volatility.