Acuity Brands Stock Forecast - Day Median Price
| AYI Stock | USD 264.98 3.11 1.19% |
Acuity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Acuity Brands stock prices and determine the direction of Acuity Brands's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Acuity Brands' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Acuity Brands' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Acuity Brands' systematic risk associated with finding meaningful patterns of Acuity Brands fundamentals over time.
Check out Historical Fundamental Analysis of Acuity Brands to cross-verify your projections. Acuity |
Open Interest Against 2024-06-21 Acuity Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Acuity Brands' 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 Acuity Brands' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Acuity Brands 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 Acuity Brands' open interest, investors have to compare it to Acuity Brands' 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 Acuity Brands 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 Acuity. 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 Acuity Brands 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 Acuity Brands' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Acuity Brands' price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 234.22 | 240.1 |
| Check Acuity Brands Volatility | Backtest Acuity Brands | Trend Details |
Acuity Brands Trading Date Momentum
| On January 29 2024 Acuity Brands was traded for 240.71 at the closing time. Highest Acuity Brands's price during the trading hours was 242.20 and the lowest price during the day was 238.28 . The net volume was 308.7 K. The overall trading history on the 29th of January contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.80% . The overall trading delta to current price is 1.38% . |
The median price is the midpoint of the trading periods range.
| Compare Acuity Brands to competition |
Other Forecasting Options for Acuity Brands
For every potential investor in Acuity, whether a beginner or expert, Acuity Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Acuity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Acuity. Basic forecasting techniques help filter out the noise by identifying Acuity Brands' price trends.Acuity Brands 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 Acuity Brands stock to make a market-neutral strategy. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Acuity Brands 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 Acuity Brands' 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 Acuity Brands' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Acuity Brands Market Strength Events
Market strength indicators help investors to evaluate how Acuity Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acuity Brands shares will generate the highest return on investment. By undertsting and applying Acuity Brands stock market strength indicators, traders can identify Acuity Brands entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 264.98 | |||
| Day Typical Price | 264.98 | |||
| Price Action Indicator | 1.56 | |||
| Period Momentum Indicator | 3.11 |
Acuity Brands Risk Indicators
The analysis of Acuity Brands' 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 Acuity Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acuity 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 | 0.9551 | |||
| Semi Deviation | 0.9739 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.9486 | |||
| Expected Short fall | (1.13) |
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.
Currently Active Assets on Macroaxis
When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:Check out Historical Fundamental Analysis of Acuity Brands to cross-verify your projections. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Acuity Stock analysis
When running Acuity Brands' price analysis, check to measure Acuity Brands' 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acuity Brands' 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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 0.105 | Dividend Share 0.54 | Earnings Share 12.08 | Revenue Per Share 123.491 | Quarterly Revenue Growth (0.04) |
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.