Albertsons Companies Stock Forecast - 8 Period Moving Average
| ACI Stock | USD 20.37 0.18 0.88% |
The 8 Period Moving Average forecasted value of Albertsons Companies on the next trading day is expected to be 20.46 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 11.93. Albertsons Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Albertsons Companies stock prices and determine the direction of Albertsons Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Albertsons Companies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Albertsons Companies to cross-verify your projections. Albertsons |
Most investors in Albertsons Companies cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Albertsons Companies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Albertsons Companies' price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Albertsons Companies is based on an artificially constructed time series of Albertsons Companies daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Albertsons Companies 8 Period Moving Average Price Forecast For the 5th of June
Given 90 days horizon, the 8 Period Moving Average forecasted value of Albertsons Companies on the next trading day is expected to be 20.46 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.07, and the sum of the absolute errors of 11.93.Please note that although there have been many attempts to predict Albertsons 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 Albertsons Companies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Albertsons Companies Stock Forecast Pattern
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Albertsons Companies Forecasted Value
In the context of forecasting Albertsons Companies' 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. Albertsons Companies' downside and upside margins for the forecasting period are 19.75 and 21.16, respectively. We have considered Albertsons Companies' 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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Albertsons Companies stock data series using in forecasting. Note that when a statistical model is used to represent Albertsons Companies 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 | 100.7803 |
| Bias | Arithmetic mean of the errors | 0.017 |
| MAD | Mean absolute deviation | 0.225 |
| MAPE | Mean absolute percentage error | 0.0109 |
| SAE | Sum of the absolute errors | 11.925 |
Predictive Modules for Albertsons Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Albertsons Companies. 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 Albertsons Companies' 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.
Other Forecasting Options for Albertsons Companies
For every potential investor in Albertsons, whether a beginner or expert, Albertsons Companies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Albertsons Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Albertsons. Basic forecasting techniques help filter out the noise by identifying Albertsons Companies' price trends.Albertsons Companies 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 Albertsons Companies stock to make a market-neutral strategy. Peer analysis of Albertsons Companies could also be used in its relative valuation, which is a method of valuing Albertsons Companies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Albertsons Companies 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 Albertsons Companies' 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 Albertsons Companies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Albertsons Companies Market Strength Events
Market strength indicators help investors to evaluate how Albertsons Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Albertsons Companies shares will generate the highest return on investment. By undertsting and applying Albertsons Companies stock market strength indicators, traders can identify Albertsons Companies entry and exit signals to maximize returns.
| Accumulation Distribution | 33097.28 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 20.41 | |||
| Day Typical Price | 20.39 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.18) | |||
| Relative Strength Index | 46.36 |
Albertsons Companies Risk Indicators
The analysis of Albertsons Companies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Albertsons Companies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting albertsons stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5598 | |||
| Semi Deviation | 0.6937 | |||
| Standard Deviation | 0.7069 | |||
| Variance | 0.4996 | |||
| Downside Variance | 0.5205 | |||
| Semi Variance | 0.4812 | |||
| Expected Short fall | (0.57) |
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.
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Additional Information and Resources on Investing in Albertsons Stock
When determining whether Albertsons Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albertsons Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albertsons Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albertsons Companies Stock:Check out Historical Fundamental Analysis of Albertsons Companies to cross-verify your projections. For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Retail 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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 Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.