Acuity Brands Stock Probability of Future Stock Price Finishing Over 267.74
| AYI Stock | USD 323.50 4.27 1.34% |
Acuity |
Acuity Brands Target Price Odds to finish over 267.74
The tendency of Acuity 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 stay above $ 267.74 in 90 days |
| 323.50 | 90 days | 267.74 | more than 93.0 |
Based on a normal probability distribution, the odds of Acuity Brands to stay above $ 267.74 in 90 days from now is more than 93.0 (This Acuity Brands probability density function shows the probability of Acuity Stock to fall within a particular range of prices over 90 days) . Probability of Acuity Brands price to stay between $ 267.74 and its current price of $323.5 at the end of the 90-day period is about 74.84 .
Considering the 90-day investment horizon Acuity Brands has a beta of 0.8. This suggests as returns on the market go up, Acuity Brands average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Acuity Brands will be expected to be much smaller as well. Additionally Acuity Brands has an alpha of 0.2943, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Acuity Brands Price Density |
| Price |
Predictive Modules for Acuity Brands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Acuity Brands. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acuity Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Acuity Brands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Acuity Brands is not an exception. The market had few large corrections towards the Acuity Brands' 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 Acuity Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Acuity Brands within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 23.20 | |
Ir | Information ratio | 0.17 |
Acuity Brands 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 Acuity Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Acuity Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of November 2024 Acuity Brands paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Price Over Earnings Overview Acuity Brands |
Acuity Brands 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 Acuity Stock often depends not only on the future outlook of the current and potential Acuity Brands' 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. Acuity Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 845.8 M |
Acuity Brands Technical Analysis
Acuity Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Acuity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Acuity Brands. In general, you should focus on analyzing Acuity Stock price patterns and their correlations with different microeconomic environments and drivers.
Acuity Brands Predictive Forecast Models
Acuity Brands' time-series forecasting models is one of many Acuity Brands' 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 Acuity Brands' 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 Acuity Brands
Checking the ongoing alerts about Acuity Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Acuity Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of November 2024 Acuity Brands paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Price Over Earnings Overview Acuity Brands |
Check out Acuity Brands Backtesting, Acuity Brands Valuation, Acuity Brands Correlation, Acuity Brands Hype Analysis, Acuity Brands Volatility, Acuity Brands History as well as Acuity Brands Performance. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Electrical Components & Equipment 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 Acuity Brands. If investors know Acuity 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 Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.434 | Dividend Share 0.58 | Earnings Share 13.43 | Revenue Per Share 124.365 | Quarterly Revenue Growth 0.022 |
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.