ACV Auctions Stock Forecast - Skewness
| ACVA Stock | USD 17.80 0.51 2.95% |
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. ACV |
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.
| Previous Skewness | Skewness | Trend |
| 0 | 0 |
| Check ACV Auctions Volatility | Backtest ACV Auctions | Information Ratio |
ACV Auctions Trading Date Momentum
| On April 17 2024 ACV Auctions was traded for 17.80 at the closing time. The top price for the day was 17.91 and the lowest listed price was 17.35 . The trading volume for the day was 1.1 M. The trading history from April 17, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.30% . |
| Compare ACV Auctions to competition |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Mean Deviation | 1.97 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 3.11 | |||
| Variance | 9.69 | |||
| Downside Variance | 5.64 | |||
| Semi Variance | 4.18 | |||
| Expected Short fall | (2.26) |
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.
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
| 0.65 | FTEK | Fuel Tech Financial Report 14th of May 2024 | PairCorr |
| 0.89 | KAR | KAR Auction Services Financial Report 7th of May 2024 | PairCorr |
Moving against ACV Stock
| 0.87 | EVKG | Ever Glory Internati | PairCorr |
| 0.84 | TFRFF | Tefron | PairCorr |
| 0.83 | SMX | SMX Public Limited | PairCorr |
| 0.8 | EXPR | Express Financial Report 22nd of May 2024 | PairCorr |
| 0.77 | DSHK | Drive Shack | 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.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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for ACV Stock analysis
When running ACV Auctions' price analysis, check to measure ACV Auctions' 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 ACV Auctions is operating at the current time. Most of ACV Auctions' value examination focuses on studying past and present price action to predict the probability of ACV Auctions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACV Auctions' price. Additionally, you may evaluate how the addition of ACV Auctions to your portfolios can decrease your overall portfolio volatility.
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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.