AKA Brands Stock Forecast - 4 Period Moving Average

AKA
 Stock
  

USD 2.28  0.25  12.32%   

AKA Brands Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AKA Brands historical stock prices and determine the direction of AKA Brands Holding'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 AKA Brands historical fundamentals such as revenue growth or operating cash flow patterns. Although AKA Brands naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of AKA Brands Holding systematic risk associated with finding meaningful patterns of AKA Brands fundamentals over time.
Please continue to Historical Fundamental Analysis of AKA Brands to cross-verify your projections.
  
As of August 15, 2022, Asset Turnover is expected to decline to 1.22. The current year Issuance Purchase of Equity Shares is expected to grow to about 193.7 M, whereas Weighted Average Shares is forecasted to decline to about 92.5 M.
Most investors in AKA 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 AKA Brands' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AKA Brands' price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for AKA Brands Holding is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

AKA Brands 4 Period Moving Average Price Forecast For the 16th of August 2022

Given 90 days horizon, the 4 Period Moving Average forecasted value of AKA Brands Holding on the next trading day is expected to be 2.17 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.08, and the sum of the absolute errors of 11.23.
Please note that although there have been many attempts to predict AKA Brands 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 AKA Brands' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AKA Brands Stock Forecast Pattern

Backtest AKA BrandsAKA Brands Price PredictionBuy or Sell Advice 

AKA Brands Forecasted Value

In the context of forecasting AKA Brands' 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. AKA Brands' downside and upside margins for the forecasting period are 0.0228 and 9.08, respectively. We have considered AKA Brands' 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 2.28
0.0228
Downside
2.17
Expected Value
9.08
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of AKA Brands stock data series using in forecasting. Note that when a statistical model is used to represent AKA Brands 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 Criteria108.2258
BiasArithmetic mean of the errors 0.0499
MADMean absolute deviation0.197
MAPEMean absolute percentage error0.0731
SAESum of the absolute errors11.2275
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of AKA Brands. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for AKA Brands Holding and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for AKA Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AKA Brands Holding. 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 AKA Brands' 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 AKA Brands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.299.16
Details
Intrinsic
Valuation
LowReal ValueHigh
0.285.5212.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.482.703.92
Details
8 Analysts
Consensus
LowTarget PriceHigh
10.0015.3822.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AKA Brands. Your research has to be compared to or analyzed against AKA Brands' peers to derive any actionable benefits. When done correctly, AKA Brands' 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 AKA Brands Holding.

Other Forecasting Options for AKA Brands

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

AKA 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 AKA Brands stock to make a market-neutral strategy. Peer analysis of AKA Brands could also be used in its relative valuation, which is a method of valuing AKA Brands by comparing valuation metrics with similar companies.
Alibaba Group HoldingProcter GambleHome DepotChevron CorpMicrosoft CorpBoeing CompanyATT IncVerizon CommunicationsCoca-ColaAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual European
 Risk & Return  Correlation

AKA Brands Holding 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 AKA 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 AKA Brands' current price.

AKA Brands Risk Indicators

The analysis of AKA Brands' 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 AKA Brands' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting AKA Brands 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.

AKA Brands Investors Sentiment

The influence of AKA Brands' 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 AKA Brands. 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.
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 AKA Brands 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, AKA Brands' short interest history, or implied volatility extrapolated from AKA Brands options trading.

Pair Trading with AKA Brands

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

Moving against AKA Brands

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The ability to find closely correlated positions to AKA Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AKA Brands 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 AKA Brands - 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 AKA Brands Holding to buy it.
The correlation of AKA Brands is a statistical measure of how it moves in relation to other equities. 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 AKA Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AKA Brands Holding 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 AKA Brands 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
Please continue to Historical Fundamental Analysis of AKA Brands to cross-verify your projections. Note that the AKA Brands Holding information on this page should be used as a complementary analysis to other AKA Brands' 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for AKA Brands Stock analysis

When running AKA Brands Holding price analysis, check to measure AKA 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 AKA Brands is operating at the current time. Most of AKA Brands' value examination focuses on studying past and present price action to predict the probability of AKA Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AKA Brands' price. Additionally, you may evaluate how the addition of AKA Brands to your portfolios can decrease your overall portfolio volatility.
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Is AKA 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 AKA Brands. If investors know AKA Brands 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 AKA 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 YOY
-0.5
Market Capitalization
293.4 M
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0259
Return On Equity
-0.0325
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA Brands that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine AKA Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA 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.