American Express Stock Forecast - Simple Moving Average

AXP
 Stock
  

USD 153.93  0.22  0.14%   

American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American Express historical stock prices and determine the direction of American Express'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 American Express historical fundamentals such as revenue growth or operating cash flow patterns. Although American Express naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of American Express systematic risk associated with finding meaningful patterns of American Express fundamentals over time.
Please continue to Historical Fundamental Analysis of American Express to cross-verify your projections.
  
American Express PPandE Turnover is very stable at the moment as compared to the past year. American Express reported last year PPandE Turnover of 8.73. As of 27th of November 2022, Receivables Turnover is likely to grow to 0.89, while Accounts Payable Turnover is likely to drop 2.56. . American Express Weighted Average Shares is very stable at the moment as compared to the past year. American Express reported last year Weighted Average Shares of 789 Million. As of 27th of November 2022, Weighted Average Shares Diluted is likely to grow to about 983.6 M, while Issuance Purchase of Equity Shares is likely to drop (7.8 B).

Open Interest Agains t 2022-12-02 American Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast American Express' 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 American Express' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies American Express 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 American Express' open interest, investors have to compare it to American Express' 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 American Express 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 American. 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 American Express 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 American Express' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American Express' price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for American Express is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

American Express Simple Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the Simple Moving Average forecasted value of American Express on the next trading day is expected to be 154.15 with a mean absolute deviation of 2.97, mean absolute percentage error of 13.38, and the sum of the absolute errors of 175.08.
Please note that although there have been many attempts to predict American 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 American Express' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American Express Stock Forecast Pattern

Backtest American ExpressAmerican Express Price PredictionBuy or Sell Advice 

American Express Forecasted Value

In the context of forecasting American Express' 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. American Express' downside and upside margins for the forecasting period are 151.95 and 156.35, respectively. We have considered American Express' 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 153.93
151.95
Downside
154.15
Expected Value
156.35
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of American Express stock data series using in forecasting. Note that when a statistical model is used to represent American Express 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 Criteria117.0284
BiasArithmetic mean of the errors -0.1142
MADMean absolute deviation2.9674
MAPEMean absolute percentage error0.0203
SAESum of the absolute errors175.075
The simple moving average model is conceptually a linear regression of the current value of American Express price series against current and previous (unobserved) value of American Express. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Predictive Modules for American Express

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Express. 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 American Express' 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 American Express in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
151.86154.06156.26
Details
Intrinsic
Valuation
LowReal ValueHigh
138.74171.68173.88
Details
18 Analysts
Consensus
LowTarget PriceHigh
151.00190.75233.00
Details
Earnings
Estimates (16)
LowProjected EPSHigh
9.309.579.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Express. Your research has to be compared to or analyzed against American Express' peers to derive any actionable benefits. When done correctly, American Express' 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 American Express.

Other Forecasting Options for American Express

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

American Express 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 American Express stock to make a market-neutral strategy. Peer analysis of American Express could also be used in its relative valuation, which is a method of valuing American Express by comparing valuation metrics with similar companies.
Affiliated ManagersAmtd Idea GroupCredicorpFranklin ResourcesBgc Partners ClBlackrockCarlyle GroupFanhua Inc ADRAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth Trd
 Risk & Return  Correlation

American Express 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 American Express' 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 American Express' current price.

American Express Risk Indicators

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Express without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with American Express

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 American Express 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 American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Express

+0.87BGCPBgc Partners Cl Aggressive PushPairCorr
+0.82BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr
+0.79NLYAnnaly Capital Management Potential GrowthPairCorr
+0.95CCitigroup Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express 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 American Express - 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 American Express to buy it.
The correlation of American Express 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 American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express 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 American Express 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 American Express to cross-verify your projections. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running American Express price analysis, check to measure American Express' 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 American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.
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Is American Express' 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 American Express. If investors know American 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 American Express 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
0.089
Market Capitalization
115.2 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0384
Return On Equity
31.15
The market value of American Express is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Express' value that differs from its market value or its book value, called intrinsic value, which is American Express' 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 American Express' market value can be influenced by many factors that don't directly affect American Express' 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 American Express' value and its price as these two are different measures arrived at by different means. Investors typically determine American Express value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Express' 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.