Andersons Stock Forecast - Triple Exponential Smoothing

ANDE Stock  USD 57.32  0.82  1.45%   
The Triple Exponential Smoothing forecasted value of The Andersons on the next trading day is expected to be 57.40 with a mean absolute deviation of  0.80  and the sum of the absolute errors of 48.03. Andersons Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Andersons stock prices and determine the direction of The Andersons's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Andersons' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Andersons' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Andersons' systematic risk associated with finding meaningful patterns of Andersons fundamentals over time.
Check out Historical Fundamental Analysis of Andersons to cross-verify your projections.
  
The current year's Inventory Turnover is expected to grow to 12.60, whereas Payables Turnover is forecasted to decline to 6.75. . The current year's Net Income Applicable To Common Shares is expected to grow to about 158.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 30.2 M.

Open Interest Against 2024-04-19 Andersons Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Andersons' 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 Andersons' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Andersons 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 Andersons' open interest, investors have to compare it to Andersons' 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 Andersons 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 Andersons. 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 Andersons 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 Andersons' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Andersons' price structures and extracts relationships that further increase the generated results' accuracy.
Triple exponential smoothing for Andersons - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Andersons prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Andersons price movement. However, neither of these exponential smoothing models address any seasonality of Andersons.

Andersons Triple Exponential Smoothing Price Forecast For the 29th of March

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of The Andersons on the next trading day is expected to be 57.40 with a mean absolute deviation of 0.80, mean absolute percentage error of 1.12, and the sum of the absolute errors of 48.03.
Please note that although there have been many attempts to predict Andersons 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 Andersons' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Andersons Stock Forecast Pattern

Backtest AndersonsAndersons Price PredictionBuy or Sell Advice 

Andersons Forecasted Value

In the context of forecasting Andersons' 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. Andersons' downside and upside margins for the forecasting period are 55.37 and 59.43, respectively. We have considered Andersons' 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
57.32
57.40
Expected Value
59.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Andersons stock data series using in forecasting. Note that when a statistical model is used to represent Andersons 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 CriteriaHuge
BiasArithmetic mean of the errors 0.1453
MADMean absolute deviation0.8005
MAPEMean absolute percentage error0.0149
SAESum of the absolute errors48.0317
As with simple exponential smoothing, in triple exponential smoothing models past Andersons observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older The Andersons observations.

Predictive Modules for Andersons

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Andersons. 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 Andersons' 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
55.2957.3259.35
Details
Intrinsic
Valuation
LowRealHigh
56.7558.7860.81
Details
Bollinger
Band Projection (param)
LowMiddleHigh
56.0956.8157.54
Details
2 Analysts
Consensus
LowTargetHigh
56.1261.6768.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Andersons. Your research has to be compared to or analyzed against Andersons' peers to derive any actionable benefits. When done correctly, Andersons' 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 Andersons.

Other Forecasting Options for Andersons

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

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

Andersons 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 Andersons' 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 Andersons' current price.

Andersons Market Strength Events

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

Andersons Risk Indicators

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

Pair Trading with Andersons

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 Andersons 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 Andersons will appreciate offsetting losses from the drop in the long position's value.

Moving together with Andersons Stock

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Moving against Andersons Stock

  0.47MDLZ Mondelez International Financial Report 25th of April 2024 PairCorr
The ability to find closely correlated positions to Andersons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andersons 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 Andersons - 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 The Andersons to buy it.
The correlation of Andersons 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 Andersons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andersons 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 Andersons 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 Andersons is a strong investment it is important to analyze Andersons' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Andersons' future performance. For an informed investment choice regarding Andersons Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Andersons to cross-verify your projections.
Note that the Andersons information on this page should be used as a complementary analysis to other Andersons' 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Andersons' price analysis, check to measure Andersons' 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 Andersons is operating at the current time. Most of Andersons' value examination focuses on studying past and present price action to predict the probability of Andersons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andersons' price. Additionally, you may evaluate how the addition of Andersons to your portfolios can decrease your overall portfolio volatility.
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Is Andersons' 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 Andersons. If investors know Andersons 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 Andersons 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
4.776
Dividend Share
0.74
Earnings Share
2.94
Revenue Per Share
437.455
Quarterly Revenue Growth
(0.31)
The market value of Andersons is measured differently than its book value, which is the value of Andersons that is recorded on the company's balance sheet. Investors also form their own opinion of Andersons' value that differs from its market value or its book value, called intrinsic value, which is Andersons' 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 Andersons' market value can be influenced by many factors that don't directly affect Andersons' 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 Andersons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Andersons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Andersons' 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.