Annovis BioInc Stock Forecast - 20 Period Moving Average

ANVS Stock  USD 11.90  0.13  1.08%   
The 20 Period Moving Average forecasted value of Annovis BioInc on the next trading day is expected to be 10.14 with a mean absolute deviation of  1.05  and the sum of the absolute errors of 43.89. Annovis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Annovis BioInc stock prices and determine the direction of Annovis BioInc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Annovis BioInc's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Annovis BioInc's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Annovis BioInc's systematic risk associated with finding meaningful patterns of Annovis BioInc fundamentals over time.
Check out Historical Fundamental Analysis of Annovis BioInc to cross-verify your projections.
For more information on how to buy Annovis Stock please use our How to Invest in Annovis BioInc guide.
  
At this time, Annovis BioInc's Other Stockholder Equity is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 43.5 M in 2024, whereas Net Receivables is likely to drop slightly above 628.5 K in 2024.
Most investors in Annovis BioInc 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 Annovis BioInc's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Annovis BioInc's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Annovis BioInc is based on a synthetically constructed Annovis BioIncdaily 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.

Annovis BioInc 20 Period Moving Average Price Forecast For the 30th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of Annovis BioInc on the next trading day is expected to be 10.14 with a mean absolute deviation of 1.05, mean absolute percentage error of 1.64, and the sum of the absolute errors of 43.89.
Please note that although there have been many attempts to predict Annovis 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 Annovis BioInc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Annovis BioInc Stock Forecast Pattern

Backtest Annovis BioIncAnnovis BioInc Price PredictionBuy or Sell Advice 

Annovis BioInc Forecasted Value

In the context of forecasting Annovis BioInc'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. Annovis BioInc's downside and upside margins for the forecasting period are 2.31 and 17.96, respectively. We have considered Annovis BioInc'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.
Market Value
11.90
10.14
Expected Value
17.96
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 Annovis BioInc stock data series using in forecasting. Note that when a statistical model is used to represent Annovis BioInc 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 Criteria83.6871
BiasArithmetic mean of the errors 0.1787
MADMean absolute deviation1.045
MAPEMean absolute percentage error0.1013
SAESum of the absolute errors43.8905
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. Annovis BioInc 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Annovis BioInc

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Annovis BioInc. 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 Annovis BioInc'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.
Hype
Prediction
LowEstimatedHigh
4.4212.2520.08
Details
Intrinsic
Valuation
LowRealHigh
10.7120.1627.99
Details
Bollinger
Band Projection (param)
LowMiddleHigh
7.359.8212.29
Details
5 Analysts
Consensus
LowTargetHigh
41.8646.0051.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Annovis BioInc. Your research has to be compared to or analyzed against Annovis BioInc's peers to derive any actionable benefits. When done correctly, Annovis BioInc's 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 Annovis BioInc.

Other Forecasting Options for Annovis BioInc

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

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

Annovis BioInc 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 Annovis BioInc'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 Annovis BioInc's current price.

Annovis BioInc Market Strength Events

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

Annovis BioInc Risk Indicators

The analysis of Annovis BioInc'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 Annovis BioInc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting annovis 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.
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 Annovis BioInc 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, Annovis BioInc's short interest history, or implied volatility extrapolated from Annovis BioInc options trading.

Pair Trading with Annovis BioInc

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

Moving against Annovis Stock

  0.76CLVRW Clever Leaves HoldingsPairCorr
  0.74MGNX MacroGenics Financial Report 14th of May 2024 PairCorr
  0.63MDWD Mediwound Downward RallyPairCorr
  0.58EQ Equillium Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to Annovis BioInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Annovis BioInc 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 Annovis BioInc - 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 Annovis BioInc to buy it.
The correlation of Annovis BioInc 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 Annovis BioInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Annovis BioInc 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 Annovis BioInc 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 Annovis BioInc is a strong investment it is important to analyze Annovis BioInc's 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 Annovis BioInc's future performance. For an informed investment choice regarding Annovis Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Annovis BioInc to cross-verify your projections.
For more information on how to buy Annovis Stock please use our How to Invest in Annovis BioInc guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Annovis BioInc'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 Annovis BioInc. If investors know Annovis 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 Annovis BioInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.84)
Return On Assets
(1.24)
Return On Equity
(2.28)
The market value of Annovis BioInc is measured differently than its book value, which is the value of Annovis that is recorded on the company's balance sheet. Investors also form their own opinion of Annovis BioInc's value that differs from its market value or its book value, called intrinsic value, which is Annovis BioInc'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 Annovis BioInc's market value can be influenced by many factors that don't directly affect Annovis BioInc'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 Annovis BioInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Annovis BioInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Annovis BioInc'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.