Astec Inds Stock Forecast - Naive Prediction

Astec Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Astec Inds historical stock prices and determine the direction of Astec Inds's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Astec Inds historical fundamentals such as revenue growth or operating cash flow patterns. Although Astec Inds naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Astec Inds systematic risk associated with finding meaningful patterns of Astec Inds fundamentals over time.
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Astec Stock Forecast 

 
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Astec Inds Accounts Payable Turnover is projected to increase slightly based on the last few years of reporting. The past year's Accounts Payable Turnover was at 18.60. The current year Cash and Equivalents Turnover is expected to grow to 14.78, whereas Inventory Turnover is forecasted to decline to 2.55. . Astec Inds Issuance Purchase of Equity Shares is projected to decrease significantly based on the last few years of reporting. The past year's Issuance Purchase of Equity Shares was at 270,000.
Most investors in Astec Inds 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 Astec Inds' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Astec Inds' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Astec Inds is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Astec Inds value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.
This model is not at all useful as a medium-long range forecasting tool of Astec Inds. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Astec Inds. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Astec Inds

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Astec Inds. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Astec Inds' 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. Please use the tools below to analyze the current value of Astec Inds in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.7852.4454.10
Details
Intrinsic
Valuation
LowReal ValueHigh
47.2360.4662.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.2155.6862.15
Details
3 Analysts
Consensus
LowTarget PriceHigh
72.0082.0092.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Astec Inds. Your research has to be compared to or analyzed against Astec Inds' peers to derive any actionable benefits. When done correctly, Astec Inds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Astec Inds.

View Currently 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 Astec Inds stock to make a market-neutral strategy. Peer analysis of Astec Inds could also be used in its relative valuation, which is a method of valuing Astec Inds by comparing valuation metrics with similar companies.

Astec Inds Risk Indicators

The analysis of Astec Inds' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Astec Inds' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Astec Inds stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Astec Inds Investors Sentiment

The influence of Astec Inds' 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 Astec. 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 markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ASTE

Astec Inds Investor Sentiment

Most of Macroaxis users are presently bullish on Astec Inds. What is your sentiment towards investing in Astec Inds? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Pair Trading with Astec Inds

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

Astec Inds Pair Correlation

Equities Pair Trading Analysis

Please continue to Trending Equities. Note that the Astec Inds information on this page should be used as a complementary analysis to other Astec Inds' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Tools for Astec Stock

When running Astec Inds price analysis, check to measure Astec Inds' 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 Astec Inds is operating at the current time. Most of Astec Inds' value examination focuses on studying past and present price action to predict the probability of Astec Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astec Inds' price. Additionally, you may evaluate how the addition of Astec Inds to your portfolios can decrease your overall portfolio volatility.
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