Appian Corp Stock Forecast - Naive Prediction

APPN
 Stock
  

USD 41.49  1.40  3.26%   

Appian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Appian Corp historical stock prices and determine the direction of Appian Corp Cl'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 Appian Corp historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of Appian Corp to cross-verify your projections.
  

Open Interest Agains t 2022-10-21 Appian Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Appian Corp's 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 Appian Corp's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Appian Corp stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Appian Corp's open interest, investors have to compare it to Appian Corp's 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 Appian Corp 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 Appian. 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 Appian 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 Appian Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Appian Corp's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Appian Corp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Appian Corp Cl 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.

Appian Corp Naive Prediction Price Forecast For the 26th of September

Given 90 days horizon, the Naive Prediction forecasted value of Appian Corp Cl on the next trading day is expected to be 40.43 with a mean absolute deviation of 2.00, mean absolute percentage error of 5.61, and the sum of the absolute errors of 122.11.
Please note that although there have been many attempts to predict Appian 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 Appian Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Appian Corp Stock Forecast Pattern

Backtest Appian CorpAppian Corp Price PredictionBuy or Sell Advice 

Appian Corp Forecasted Value

In the context of forecasting Appian 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. Appian Corp's downside and upside margins for the forecasting period are 36.54 and 44.32, respectively. We have considered Appian 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.
Market Value 41.49
40.43
Expected Value
44.32
Upside

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 Appian Corp stock data series using in forecasting. Note that when a statistical model is used to represent Appian 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.
AICAkaike Information Criteria119.8354
BiasArithmetic mean of the errors None
MADMean absolute deviation2.0019
MAPEMean absolute percentage error0.0407
SAESum of the absolute errors122.113
This model is not at all useful as a medium-long range forecasting tool of Appian Corp Cl. 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 Appian Corp. 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 Appian 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 Appian Corp Cl. 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 Appian 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 Appian Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.2242.1146.00
Details
Intrinsic
Valuation
LowReal ValueHigh
37.3453.2257.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.8144.8149.80
Details
8 Analysts
Consensus
LowTarget PriceHigh
47.0096.28170.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Appian Corp. Your research has to be compared to or analyzed against Appian Corp's peers to derive any actionable benefits. When done correctly, Appian 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 Appian Corp Cl.

Other Forecasting Options for Appian Corp

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

Appian 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 Appian Corp stock to make a market-neutral strategy. Peer analysis of Appian Corp could also be used in its relative valuation, which is a method of valuing Appian Corp by comparing valuation metrics with similar companies.
Industrias BachocoAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Appian Corp Cl 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 Appian 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 Appian Corp's current price.

Appian Corp Market Strength Events

Market strength indicators help investors to evaluate how Appian 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 Appian Corp shares will generate the highest return on investment. By undertsting and applying Appian Corp stock market strength indicators, traders can identify Appian Corp Cl entry and exit signals to maximize returns.

Appian Corp Risk Indicators

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

Appian Corp Implied Volatility

    
  74.15  
Appian Corp's implied volatility exposes the market's sentiment of Appian Corp Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Appian Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Appian Corp stock will not fluctuate a lot when Appian Corp's options are near their expiration.
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 Appian 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, Appian Corp's short interest history, or implied volatility extrapolated from Appian Corp options trading.

Pair Trading with Appian 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 Appian 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 Appian Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Appian Corp

+0.67ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
The ability to find closely correlated positions to Appian 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 Appian 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 Appian 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 Appian Corp Cl to buy it.
The correlation of Appian 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 Appian Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appian Corp Cl 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 Appian 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.
Pair CorrelationCorrelation Matching
Please continue to Historical Fundamental Analysis of Appian Corp to cross-verify your projections. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Appian Corp Cl price analysis, check to measure Appian 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 Appian Corp is operating at the current time. Most of Appian Corp's value examination focuses on studying past and present price action to predict the probability of Appian Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Appian Corp's price. Additionally, you may evaluate how the addition of Appian Corp to your portfolios can decrease your overall portfolio volatility.
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Is Appian 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 Appian Corp. If investors know Appian 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 Appian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Appian Corp Cl is measured differently than its book value, which is the value of Appian that is recorded on the company's balance sheet. Investors also form their own opinion of Appian Corp's value that differs from its market value or its book value, called intrinsic value, which is Appian 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 Appian Corp's market value can be influenced by many factors that don't directly affect Appian 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 Appian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Appian Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appian 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.