Akamai Technologies Stock Forecast - Accumulation Distribution
| AKAM Stock | USD 102.22 1.25 1.21% |
Akamai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Akamai Technologies stock prices and determine the direction of Akamai Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Akamai Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Akamai Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Akamai Technologies' systematic risk associated with finding meaningful patterns of Akamai Technologies fundamentals over time.
Check out Historical Fundamental Analysis of Akamai Technologies to cross-verify your projections. Akamai |
Open Interest Against 2024-04-19 Akamai Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Akamai Technologies' 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 Akamai Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Akamai Technologies 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 Akamai Technologies' open interest, investors have to compare it to Akamai Technologies' 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 Akamai Technologies 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 Akamai. 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 Akamai Technologies 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 Akamai Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Akamai Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Akamai Technologies is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Akamai Technologies to determine if accumulation or reduction is taking place in the market. This value is adjusted by Akamai Technologies trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 38496.63 | 0.0244 |
| Check Akamai Technologies Volatility | Backtest Akamai Technologies | Information Ratio |
Akamai Technologies Trading Date Momentum
| On April 16 2024 Akamai Technologies was traded for 102.22 at the closing time. The top price for the day was 104.45 and the lowest listed price was 101.90 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.61% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Akamai Technologies to competition |
Other Forecasting Options for Akamai Technologies
For every potential investor in Akamai, whether a beginner or expert, Akamai Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Akamai Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Akamai. Basic forecasting techniques help filter out the noise by identifying Akamai Technologies' price trends.Akamai Technologies 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 Akamai Technologies stock to make a market-neutral strategy. Peer analysis of Akamai Technologies could also be used in its relative valuation, which is a method of valuing Akamai Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Akamai Technologies 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 Akamai Technologies' 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 Akamai Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Akamai Technologies Market Strength Events
Market strength indicators help investors to evaluate how Akamai Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akamai Technologies shares will generate the highest return on investment. By undertsting and applying Akamai Technologies stock market strength indicators, traders can identify Akamai Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0244 | |||
| Daily Balance Of Power | (0.49) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 103.18 | |||
| Day Typical Price | 102.86 | |||
| Market Facilitation Index | 2.55 | |||
| Price Action Indicator | (1.58) | |||
| Period Momentum Indicator | (1.25) |
Akamai Technologies Risk Indicators
The analysis of Akamai Technologies' 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 Akamai Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting akamai 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 | 0.9979 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 |
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 Akamai Technologies
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 Akamai Technologies 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 Akamai Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Akamai Stock
| 0.67 | JG | Aurora Mobile | PairCorr |
Moving against Akamai Stock
| 0.91 | DTSS | Datasea | PairCorr |
| 0.72 | SQ | Block Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.65 | EEFT | Euronet Worldwide Financial Report 7th of May 2024 | PairCorr |
| 0.62 | GB | Global Blue Group | PairCorr |
| 0.62 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Akamai Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akamai Technologies 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 Akamai Technologies - 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 Akamai Technologies to buy it.
The correlation of Akamai Technologies 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 Akamai Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akamai Technologies 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 Akamai Technologies 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 Akamai Technologies to cross-verify your projections. To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.Note that the Akamai Technologies information on this page should be used as a complementary analysis to other Akamai Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Akamai Stock analysis
When running Akamai Technologies' price analysis, check to measure Akamai Technologies' 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 Akamai Technologies is operating at the current time. Most of Akamai Technologies' value examination focuses on studying past and present price action to predict the probability of Akamai Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akamai Technologies' price. Additionally, you may evaluate how the addition of Akamai Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Akamai Technologies' 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 Akamai Technologies. If investors know Akamai 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 Akamai Technologies 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 0.257 | Earnings Share 3.52 | Revenue Per Share 24.995 | Quarterly Revenue Growth 0.072 | Return On Assets 0.0486 |
The market value of Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' 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 Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' 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 Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' 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.