Accolade Stock Price Prediction

ACCD Stock  USD 3.80  0.10  2.70%   
At the present time, The RSI of Accolade's share price is at 55. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Accolade, making its price go up or down.

Oversold Vs Overbought

55

 
Oversold
 
Overbought
The successful prediction of Accolade's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Accolade and does not consider all of the tangible or intangible factors available from Accolade's fundamental data. We analyze noise-free headlines and recent hype associated with Accolade, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Accolade's stock price prediction:
EPS Estimate Current Year
(1.21)
EPS Estimate Next Year
(1.13)
Wall Street Target Price
7.0839
EPS Estimate Current Quarter
(0.44)
Quarterly Revenue Growth
0.098
Using Accolade hype-based prediction, you can estimate the value of Accolade from the perspective of Accolade response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Accolade to buy its stock at a price that has no basis in reality. In that case, they are not buying Accolade because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Accolade after-hype prediction price

    
  USD 3.78  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Accolade Basic Forecasting Models to cross-verify your projections.
For information on how to trade Accolade Stock refer to our How to Trade Accolade Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accolade's 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.
Intrinsic
Valuation
LowRealHigh
3.566.539.50
Details
Naive
Forecast
LowNextHigh
0.773.736.70
Details
15 Analysts
Consensus
LowTargetHigh
13.4414.7716.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.08-0.03-0.0075
Details

Accolade After-Hype Price Prediction Density Analysis

As far as predicting the price of Accolade at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Accolade or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Accolade, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Accolade Estimiated After-Hype Price Volatility

In the context of predicting Accolade's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Accolade's historical news coverage. Accolade's after-hype downside and upside margins for the prediction period are 0.81 and 6.75, respectively. We have considered Accolade's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.80
3.78
After-hype Price
6.75
Upside
Accolade is slightly risky at this time. Analysis and calculation of next after-hype price of Accolade is based on 3 months time horizon.

Accolade Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Accolade is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Accolade backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Accolade, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.12 
2.97
  0.02 
  0.02 
11 Events / Month
9 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.80
3.78
0.53 
1,856  
Notes

Accolade Hype Timeline

Accolade is presently traded for 3.80. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.02. Accolade is forecasted to decline in value after the next headline, with the price expected to drop to 3.78. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.53%, whereas the daily expected return is presently at -0.12%. The volatility of related hype on Accolade is about 1711.11%, with the expected price after the next announcement by competition of 3.78. About 84.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. Accolade has Price/Earnings To Growth (PEG) ratio of 1.91. The entity recorded a loss per share of 1.02. The firm had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days.
Check out Accolade Basic Forecasting Models to cross-verify your projections.
For information on how to trade Accolade Stock refer to our How to Trade Accolade Stock guide.

Accolade Related Hype Analysis

Having access to credible news sources related to Accolade's direct competition is more important than ever and may enhance your ability to predict Accolade's future price movements. Getting to know how Accolade's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Accolade may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PRVAPrivia Health Group 0.31 8 per month 2.14  0.01  4.30 (3.55) 15.04 
HSTMHealthStream(1.65)8 per month 1.32  0.05  2.33 (2.00) 10.49 
NRCNational Research Corp(0.12)11 per month 0.00 (0.08) 4.51 (4.72) 13.17 
CPSICPSI Old 0.00 0 per month 0.00 (0.13) 2.85 (3.01) 14.25 
NXGNNextgen Healthcare 0.02 1 per month 0.00 (0.15) 2.81 (2.35) 7.28 
HCATHealth Catalyst(0.11)7 per month 3.07  0.04  6.14 (5.64) 16.86 
DHDefinitive Healthcare Corp 0.04 8 per month 2.42 (0.02) 4.37 (4.00) 13.20 
PINCPremier(0.11)9 per month 1.29  0.05  2.68 (2.35) 14.94 
CERTCertara 0.1 9 per month 0.00 (0.17) 3.48 (4.01) 15.96 
PHRPhreesia(0.46)10 per month 0.00 (0.11) 4.58 (6.08) 28.02 
AGTIAgiliti 0.27 32 per month 2.87 (0.04) 4.03 (4.45) 10.75 
EVHEvolent Health(0.66)7 per month 0.00 (0.22) 4.48 (5.92) 51.11 
CMAXCareMax(0.07)4 per month 0.00 (0.18) 12.64 (11.63) 80.24 
RCMR1 RCM Inc 0.01 10 per month 0.00 (0.69) 0.29 (0.21) 0.64 

Accolade Additional Predictive Modules

Most predictive techniques to examine Accolade price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Accolade using various technical indicators. When you analyze Accolade charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Accolade Predictive Indicators

The successful prediction of Accolade stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Accolade, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Accolade based on analysis of Accolade hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Accolade's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Accolade's related companies.
 2021 2022 2023 2024 (projected)
Graham Number24.1331.0513.3514.26
Receivables Turnover10.0713.614.9614.21

Story Coverage note for Accolade

The number of cover stories for Accolade depends on current market conditions and Accolade's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Accolade is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Accolade's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Accolade Short Properties

Accolade's future price predictability will typically decrease when Accolade's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Accolade often depends not only on the future outlook of the potential Accolade'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. Accolade's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding74.9 M
Cash And Short Term Investments237 M

Complementary Tools for Accolade Stock analysis

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