Advantage Solutions Stock Forecast - Polynomial Regression
| ADV Stock | USD 3.54 0.00 0.00% |
The Polynomial Regression forecasted value of Advantage Solutions on the next trading day is expected to be 3.17 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.92. Advantage Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Advantage Solutions stock prices and determine the direction of Advantage Solutions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Advantage Solutions' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Advantage Solutions' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Advantage Solutions' systematic risk associated with finding meaningful patterns of Advantage Solutions fundamentals over time.
Check out Historical Fundamental Analysis of Advantage Solutions to cross-verify your projections. Advantage |
Open Interest Against 2024-06-21 Advantage Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Advantage Solutions' 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 Advantage Solutions' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Advantage Solutions 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 Advantage Solutions' open interest, investors have to compare it to Advantage Solutions' 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 Advantage Solutions 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 Advantage. 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 Advantage Solutions 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 Advantage Solutions' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Advantage Solutions' price structures and extracts relationships that further increase the generated results' accuracy.
Advantage Solutions polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Advantage Solutions as well as the accuracy indicators are determined from the period prices. Advantage Solutions Polynomial Regression Price Forecast For the 29th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Advantage Solutions on the next trading day is expected to be 3.17 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.92.Please note that although there have been many attempts to predict Advantage 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 Advantage Solutions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Advantage Solutions Stock Forecast Pattern
| Backtest Advantage Solutions | Advantage Solutions Price Prediction | Buy or Sell Advice |
Advantage Solutions Forecasted Value
In the context of forecasting Advantage Solutions' 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. Advantage Solutions' downside and upside margins for the forecasting period are 0.04 and 6.36, respectively. We have considered Advantage Solutions' 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Advantage Solutions stock data series using in forecasting. Note that when a statistical model is used to represent Advantage Solutions 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 | 114.9967 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1627 |
| MAPE | Mean absolute percentage error | 0.0409 |
| SAE | Sum of the absolute errors | 9.9221 |
Predictive Modules for Advantage Solutions
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Advantage Solutions. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Advantage Solutions' 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.
Other Forecasting Options for Advantage Solutions
For every potential investor in Advantage, whether a beginner or expert, Advantage Solutions' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Advantage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Advantage. Basic forecasting techniques help filter out the noise by identifying Advantage Solutions' price trends.Advantage Solutions 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 Advantage Solutions stock to make a market-neutral strategy. Peer analysis of Advantage Solutions could also be used in its relative valuation, which is a method of valuing Advantage Solutions by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Advantage Solutions 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 Advantage Solutions' 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 Advantage Solutions' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Advantage Solutions Market Strength Events
Market strength indicators help investors to evaluate how Advantage Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advantage Solutions shares will generate the highest return on investment. By undertsting and applying Advantage Solutions stock market strength indicators, traders can identify Advantage Solutions entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0282 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.49 | |||
| Day Typical Price | 3.51 | |||
| Market Facilitation Index | 0.1 | |||
| Price Action Indicator | 0.05 | |||
| Relative Strength Index | 60.55 |
Advantage Solutions Risk Indicators
The analysis of Advantage Solutions' 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 Advantage Solutions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting advantage 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 | 2.29 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.39 |
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.
Pair Trading with Advantage Solutions
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 Advantage Solutions 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 Advantage Solutions will appreciate offsetting losses from the drop in the long position's value.Moving against Advantage Stock
| 0.58 | FLNT | Fluent Inc Upward Rally | PairCorr |
The ability to find closely correlated positions to Advantage Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantage Solutions 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 Advantage Solutions - 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 Advantage Solutions to buy it.
The correlation of Advantage Solutions is a statistical measure of how it moves in relation to other instruments. 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 Advantage Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage Solutions 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 Advantage Solutions 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.Check out Historical Fundamental Analysis of Advantage Solutions to cross-verify your projections. For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.Note that the Advantage Solutions information on this page should be used as a complementary analysis to other Advantage Solutions' 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 the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Advantage Stock analysis
When running Advantage Solutions' price analysis, check to measure Advantage Solutions' 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 Advantage Solutions is operating at the current time. Most of Advantage Solutions' value examination focuses on studying past and present price action to predict the probability of Advantage Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantage Solutions' price. Additionally, you may evaluate how the addition of Advantage Solutions to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is Advantage Solutions' 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 Advantage Solutions. If investors know Advantage 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 Advantage Solutions 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 (0.06) | Earnings Share (0.24) | Revenue Per Share 12.847 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0187 |
The market value of Advantage Solutions is measured differently than its book value, which is the value of Advantage that is recorded on the company's balance sheet. Investors also form their own opinion of Advantage Solutions' value that differs from its market value or its book value, called intrinsic value, which is Advantage Solutions' 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 Advantage Solutions' market value can be influenced by many factors that don't directly affect Advantage Solutions' 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 Advantage Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantage Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantage Solutions' 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.