Amazon Stock Forecast - Accumulation Distribution
AMZ Stock | EUR 164.96 3.96 2.34% |
Amazon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amazon stock prices and determine the direction of Amazon Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amazon's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Amazon to cross-verify your projections. Amazon |
Most investors in Amazon 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 Amazon's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Amazon's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Amazon is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Amazon Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Amazon trading volume to give more weight to distributions with higher volume over lower volume.Previous Accumulation Distribution | Accumulation Distribution | Trend |
168.35 | 114.46 |
Check Amazon Volatility | Backtest Amazon | Trend Details |
Amazon Trading Date Momentum
On February 08 2024 Amazon Inc was traded for 158.32 at the closing time. The highest daily price throughout the period was 159.46 and the lowest price was 157.00 . The daily volume was 7.3 K. The net trading volume on 02/08/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 1.80% . |
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 Amazon to competition |
Other Forecasting Options for Amazon
For every potential investor in Amazon, whether a beginner or expert, Amazon's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amazon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amazon. Basic forecasting techniques help filter out the noise by identifying Amazon's price trends.Amazon 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 Amazon stock to make a market-neutral strategy. Peer analysis of Amazon could also be used in its relative valuation, which is a method of valuing Amazon by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Amazon Inc 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 Amazon'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 Amazon's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Amazon Market Strength Events
Market strength indicators help investors to evaluate how Amazon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amazon shares will generate the highest return on investment. By undertsting and applying Amazon stock market strength indicators, traders can identify Amazon Inc entry and exit signals to maximize returns.
Amazon Risk Indicators
The analysis of Amazon'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 Amazon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amazon 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 | 1.27 | |||
Semi Deviation | 1.22 | |||
Standard Deviation | 1.81 | |||
Variance | 3.29 | |||
Downside Variance | 1.81 | |||
Semi Variance | 1.48 | |||
Expected Short fall | (1.54) |
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 Amazon 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, Amazon's short interest history, or implied volatility extrapolated from Amazon options trading.
Pair Trading with Amazon
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 Amazon 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 Amazon will appreciate offsetting losses from the drop in the long position's value.Moving against Amazon Stock
0.68 | DBPD | Xtrackers ShortDAX | PairCorr |
0.65 | TKDA | Takeda Pharmaceutical | PairCorr |
0.57 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
0.56 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
0.55 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon 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 Amazon - 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 Amazon Inc to buy it.
The correlation of Amazon 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 Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc 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 Amazon 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 Amazon 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 Amazon Stock analysis
When running Amazon's price analysis, check to measure Amazon'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 Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |