# APPTECH CORP Stock Forecast - Naive Prediction

APCX | Stock | ## USD 0.76 0.02 2.70% |

APPTECH Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast APPTECH CORP historical stock prices and determine the direction of APPTECH CORP'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 APPTECH CORP historical fundamentals such as revenue growth or operating cash flow patterns. Although APPTECH CORP naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of APPTECH CORP systematic risk associated with finding meaningful patterns of APPTECH CORP fundamentals over time.

Please continue to Historical Fundamental Analysis of APPTECH CORP to cross-verify your projections. APPTECH |

**M**in 2022. Weighted Average Shares Diluted is likely to rise to about 11.6

**M**in 2022.

Most investors in APPTECH CORP 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 APPTECH CORP's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets APPTECH CORP's price structures and extracts relationships that further increase the generated results' accuracy.

A naive forecasting model for APPTECH CORP is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of APPTECH CORP 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. ## APPTECH CORP Naive Prediction Price Forecast For the 9th of August

Given 90 days horizon, the Naive Prediction forecasted value of APPTECH CORP on the next trading day is expected to be 0.69 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.007082, and the sum of the absolute errors of 3.88.Please note that although there have been many attempts to predict APPTECH 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 APPTECH CORP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

## APPTECH CORP Stock Forecast Pattern

Backtest APPTECH CORP | APPTECH CORP Price Prediction | Buy or Sell Advice |

## APPTECH CORP Forecasted Value

In the context of forecasting APPTECH CORP'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. APPTECH CORP's downside and upside margins for the forecasting period are 0.0076 and 11.31, respectively. We have considered APPTECH CORP'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.

## Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of APPTECH CORP stock data series using in forecasting. Note that when a statistical model is used to represent APPTECH CORP 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.AIC | Akaike Information Criteria | 113.1603 |

Bias | Arithmetic mean of the errors | None |

MAD | Mean absolute deviation | 0.0636 |

MAPE | Mean absolute percentage error | 0.088 |

SAE | Sum of the absolute errors | 3.8766 |

## Predictive Modules for APPTECH CORP

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as APPTECH CORP. 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 APPTECH CORP'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. Please use the tools below to analyze the current value of APPTECH CORP in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as APPTECH CORP. Your research has to be compared to or analyzed against APPTECH CORP's peers to derive any actionable benefits. When done correctly, APPTECH CORP's 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 APPTECH CORP.

## Other Forecasting Options for APPTECH CORP

For every potential investor in APPTECH, whether a beginner or expert, APPTECH CORP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. APPTECH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in APPTECH. Basic forecasting techniques help filter out the noise by identifying APPTECH CORP's price trends.## APPTECH CORP 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 APPTECH CORP stock to make a market-neutral strategy. Peer analysis of APPTECH CORP could also be used in its relative valuation, which is a method of valuing APPTECH CORP by comparing valuation metrics with similar companies.

Risk & Return | Correlation |

## APPTECH CORP 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 APPTECH CORP'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 APPTECH CORP's current price.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## APPTECH CORP Market Strength Events

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

Accumulation Distribution | 1635.88 | |||

Daily Balance Of Power | 0.6667 | |||

Rate Of Daily Change | 1.03 | |||

Day Median Price | 0.77 | |||

Day Typical Price | 0.76 | |||

Market Facilitation Index | 0.0 | |||

Price Action Indicator | 0.005 |

## APPTECH CORP Risk Indicators

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

Mean Deviation | 7.27 | |||

Standard Deviation | 10.52 | |||

Variance | 110.65 |

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.

## APPTECH CORP Investors Sentiment

The influence of APPTECH CORP's 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 APPTECH. 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 APPTECH CORP 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, APPTECH CORP's short interest history, or implied volatility extrapolated from APPTECH CORP options trading.

## Pair Trading with APPTECH CORP

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 APPTECH CORP 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 APPTECH CORP will appreciate offsetting losses from the drop in the long position's value.### Moving together with APPTECH CORP

0.62 | AKAM | Akamai Technologies | Earnings Call Tomorrow | PairCorr | |||

0.65 | BKKT | Bakkt Hldgs | Normal Trading | PairCorr |

### Moving against APPTECH CORP

0.51 | AEY | Addvantage Techs | Earnings Call This Week | PairCorr |

The ability to find closely correlated positions to APPTECH CORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APPTECH CORP 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 APPTECH CORP - 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 APPTECH CORP to buy it.

The correlation of APPTECH CORP 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 APPTECH CORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APPTECH CORP 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 APPTECH CORP 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.Please continue to Historical Fundamental Analysis of APPTECH CORP to cross-verify your projections. Note that the APPTECH CORP information on this page should be used as a complementary analysis to other APPTECH CORP's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

## Complementary Tools for APPTECH Stock analysis

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

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Is APPTECH CORP'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 APPTECH CORP. If investors know APPTECH 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 APPTECH CORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Market Capitalization 11.9 M | Quarterly Revenue Growth YOY -0.19 | Return On Assets -0.64 | Return On Equity -2.76 |

The market value of APPTECH CORP is measured differently than its book value, which is the value of APPTECH that is recorded on the company's balance sheet. Investors also form their own opinion of APPTECH CORP's value that differs from its market value or its book value, called intrinsic value, which is APPTECH CORP'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 APPTECH CORP's market value can be influenced by many factors that don't directly affect APPTECH CORP'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 APPTECH CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine APPTECH CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APPTECH CORP'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.