AssetMark Financial Stock Forecast - Simple Regression
| AMK Stock | USD 33.96 0.01 0.03% |
The Simple Regression forecasted value of AssetMark Financial Holdings on the next trading day is expected to be 35.67 with a mean absolute deviation of 1.17 and the sum of the absolute errors of 72.57. AssetMark Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AssetMark Financial stock prices and determine the direction of AssetMark Financial Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AssetMark Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although AssetMark Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of AssetMark Financial's systematic risk associated with finding meaningful patterns of AssetMark Financial fundamentals over time.
Check out Historical Fundamental Analysis of AssetMark Financial to cross-verify your projections. AssetMark |
Open Interest Against 2024-05-17 AssetMark Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast AssetMark Financial's 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 AssetMark Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for AssetMark Financial 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 AssetMark Financial's open interest, investors have to compare it to AssetMark Financial's 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 AssetMark Financial 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 AssetMark. 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 AssetMark Financial 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 AssetMark Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AssetMark Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through AssetMark Financial price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X. AssetMark Financial Simple Regression Price Forecast For the 5th of May
Given 90 days horizon, the Simple Regression forecasted value of AssetMark Financial Holdings on the next trading day is expected to be 35.67 with a mean absolute deviation of 1.17, mean absolute percentage error of 1.79, and the sum of the absolute errors of 72.57.Please note that although there have been many attempts to predict AssetMark 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 AssetMark Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
AssetMark Financial Stock Forecast Pattern
| Backtest AssetMark Financial | AssetMark Financial Price Prediction | Buy or Sell Advice |
AssetMark Financial Forecasted Value
In the context of forecasting AssetMark Financial's 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. AssetMark Financial's downside and upside margins for the forecasting period are 34.11 and 37.23, respectively. We have considered AssetMark Financial's 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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of AssetMark Financial stock data series using in forecasting. Note that when a statistical model is used to represent AssetMark Financial 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 | 120.5291 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.1704 |
| MAPE | Mean absolute percentage error | 0.0342 |
| SAE | Sum of the absolute errors | 72.5672 |
Predictive Modules for AssetMark Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AssetMark Financial. 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 AssetMark Financial'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.
Other Forecasting Options for AssetMark Financial
For every potential investor in AssetMark, whether a beginner or expert, AssetMark Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AssetMark Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AssetMark. Basic forecasting techniques help filter out the noise by identifying AssetMark Financial's price trends.View AssetMark Financial Related Equities
| Risk & Return | Correlation |
AssetMark Financial 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 AssetMark Financial's 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 AssetMark Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AssetMark Financial Market Strength Events
Market strength indicators help investors to evaluate how AssetMark Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AssetMark Financial shares will generate the highest return on investment. By undertsting and applying AssetMark Financial stock market strength indicators, traders can identify AssetMark Financial Holdings entry and exit signals to maximize returns.
AssetMark Financial Risk Indicators
The analysis of AssetMark Financial's 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 AssetMark Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting assetmark 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 | 1.13 | |||
| Semi Deviation | 1.36 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.43 | |||
| Downside Variance | 2.44 | |||
| Semi Variance | 1.84 | |||
| Expected Short fall | (1.14) |
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.
AssetMark Financial Investors Sentiment
The influence of AssetMark Financial's 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 AssetMark. 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 AssetMark Financial's public news can be used to forecast risks associated with an investment in AssetMark. The trend in average sentiment can be used to explain how an investor holding AssetMark can time the market purely based on public headlines and social activities around AssetMark Financial Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AssetMark Financial's 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 AssetMark Financial's 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 AssetMark Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AssetMark Financial.
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 AssetMark Financial 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, AssetMark Financial's short interest history, or implied volatility extrapolated from AssetMark Financial options trading.
Pair Trading with AssetMark Financial
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 AssetMark Financial 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 AssetMark Financial will appreciate offsetting losses from the drop in the long position's value.Moving against AssetMark Stock
| 0.81 | FG | FG Annuities Life | PairCorr |
| 0.71 | HG | Hamilton Insurance Report 21st of October 2024 | PairCorr |
| 0.45 | DHIL | Diamond Hill Investment Earnings Call This Week | PairCorr |
| 0.43 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
| 0.41 | BBUC | Brookfield Business Corp | PairCorr |
The ability to find closely correlated positions to AssetMark Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AssetMark Financial 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 AssetMark Financial - 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 AssetMark Financial Holdings to buy it.
The correlation of AssetMark Financial 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 AssetMark Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AssetMark Financial 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 AssetMark Financial 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 AssetMark Financial to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for AssetMark Stock analysis
When running AssetMark Financial's price analysis, check to measure AssetMark Financial'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 AssetMark Financial is operating at the current time. Most of AssetMark Financial's value examination focuses on studying past and present price action to predict the probability of AssetMark Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AssetMark Financial's price. Additionally, you may evaluate how the addition of AssetMark Financial to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
Is AssetMark Financial's 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 AssetMark Financial. If investors know AssetMark 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 AssetMark Financial 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 1.174 | Earnings Share 1.92 | Revenue Per Share 9.813 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0815 |
The market value of AssetMark Financial is measured differently than its book value, which is the value of AssetMark that is recorded on the company's balance sheet. Investors also form their own opinion of AssetMark Financial's value that differs from its market value or its book value, called intrinsic value, which is AssetMark Financial's 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 AssetMark Financial's market value can be influenced by many factors that don't directly affect AssetMark Financial's 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 AssetMark Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AssetMark Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AssetMark Financial's 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.