ACV Auctions Stock Forecast - 20 Period Moving Average

ACVA Stock  USD 18.86  0.31  1.67%   
The 20 Period Moving Average forecasted value of ACV Auctions on the next trading day is expected to be 18.29 with a mean absolute deviation of  1.27  and the sum of the absolute errors of 53.18. ACV Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ACV Auctions stock prices and determine the direction of ACV Auctions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ACV Auctions' historical fundamentals, such as revenue growth or operating cash flow patterns. Although ACV Auctions' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ACV Auctions' systematic risk associated with finding meaningful patterns of ACV Auctions fundamentals over time.
Check out Historical Fundamental Analysis of ACV Auctions to cross-verify your projections.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.
  
At present, ACV Auctions' Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 102.74, whereas Inventory Turnover is forecasted to decline to 279.38. . The current year's Common Stock Shares Outstanding is expected to grow to about 160.6 M, whereas Net Loss is forecasted to decline to (96.6 M).

Open Interest Against 2024-04-19 ACV Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ACV Auctions' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in ACV Auctions' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ACV Auctions stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current ACV Auctions' open interest, investors have to compare it to ACV Auctions' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ACV Auctions is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ACV. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in ACV Auctions 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 ACV Auctions' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ACV Auctions' price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for ACV Auctions is based on a synthetically constructed ACV Auctionsdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

ACV Auctions 20 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of ACV Auctions on the next trading day is expected to be 18.29 with a mean absolute deviation of 1.27, mean absolute percentage error of 2.63, and the sum of the absolute errors of 53.18.
Please note that although there have been many attempts to predict ACV 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 ACV Auctions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ACV Auctions Stock Forecast Pattern

Backtest ACV AuctionsACV Auctions Price PredictionBuy or Sell Advice 

ACV Auctions Forecasted Value

In the context of forecasting ACV Auctions' 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. ACV Auctions' downside and upside margins for the forecasting period are 14.91 and 21.67, respectively. We have considered ACV Auctions' 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.
Market Value
18.86
18.29
Expected Value
21.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of ACV Auctions stock data series using in forecasting. Note that when a statistical model is used to represent ACV Auctions 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.
AICAkaike Information Criteria84.159
BiasArithmetic mean of the errors -1.1623
MADMean absolute deviation1.2661
MAPEMean absolute percentage error0.0734
SAESum of the absolute errors53.1765
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. ACV Auctions 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for ACV Auctions

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ACV Auctions. 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 ACV Auctions' 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.
Hype
Prediction
LowEstimatedHigh
15.3418.7222.10
Details
Intrinsic
Valuation
LowRealHigh
15.7119.0922.47
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.4718.7319.00
Details
12 Analysts
Consensus
LowTargetHigh
18.8820.7523.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ACV Auctions. Your research has to be compared to or analyzed against ACV Auctions' peers to derive any actionable benefits. When done correctly, ACV Auctions' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ACV Auctions.

Other Forecasting Options for ACV Auctions

For every potential investor in ACV, whether a beginner or expert, ACV Auctions' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ACV Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ACV. Basic forecasting techniques help filter out the noise by identifying ACV Auctions' price trends.

ACV Auctions 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 ACV Auctions stock to make a market-neutral strategy. Peer analysis of ACV Auctions could also be used in its relative valuation, which is a method of valuing ACV Auctions by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ACV Auctions 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 ACV Auctions' 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 ACV Auctions' current price.

ACV Auctions Market Strength Events

Market strength indicators help investors to evaluate how ACV Auctions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ACV Auctions shares will generate the highest return on investment. By undertsting and applying ACV Auctions stock market strength indicators, traders can identify ACV Auctions entry and exit signals to maximize returns.

ACV Auctions Risk Indicators

The analysis of ACV Auctions' 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 ACV Auctions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acv 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.
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.

ACV Auctions Investors Sentiment

The influence of ACV Auctions' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ACV. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ACV Auctions' public news can be used to forecast risks associated with an investment in ACV. The trend in average sentiment can be used to explain how an investor holding ACV can time the market purely based on public headlines and social activities around ACV Auctions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ACV Auctions' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ACV Auctions' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ACV Auctions' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ACV Auctions.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ACV Auctions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ACV Auctions' short interest history, or implied volatility extrapolated from ACV Auctions options trading.

Pair Trading with ACV Auctions

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ACV Auctions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ACV Auctions will appreciate offsetting losses from the drop in the long position's value.

Moving together with ACV Stock

  0.79BV BrightView Holdings Financial Report 2nd of May 2024 PairCorr
  0.91LZ LegalZoom Financial Report 14th of May 2024 PairCorr

Moving against ACV Stock

  0.75DLHC DLH Holdings Corp Financial Report 1st of May 2024 PairCorr
  0.5VIRC Virco Manufacturing Report 26th of April 2024 PairCorr
  0.48FC Franklin Covey Report 3rd of April 2024 PairCorr
  0.44VRSK Verisk Analytics Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to ACV Auctions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACV Auctions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ACV Auctions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ACV Auctions to buy it.
The correlation of ACV Auctions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ACV Auctions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACV Auctions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ACV Auctions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' 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 Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:
Check out Historical Fundamental Analysis of ACV Auctions to cross-verify your projections.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is ACV Auctions' industry 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 ACV Auctions. If investors know ACV 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 ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
3.009
Quarterly Revenue Growth
0.208
Return On Assets
(0.06)
Return On Equity
(0.16)
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' 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 ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' 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 ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' 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.