Acco Brands Stock Probability of Future Stock Price Finishing Over 5.17
| ACCO Stock | USD 5.04 0.01 0.20% |
Closest to current price Acco long CALL Option Payoff at Expiration
Acco |
Acco Brands Target Price Odds to finish over 5.17
The tendency of Acco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 5.17 or more in 90 days |
| 5.04 | 90 days | 5.17 | about 47.15 |
Based on a normal probability distribution, the odds of Acco Brands to move over $ 5.17 or more in 90 days from now is about 47.15 (This Acco Brands probability density function shows the probability of Acco Stock to fall within a particular range of prices over 90 days) . Probability of Acco Brands price to stay between its current price of $ 5.04 and $ 5.17 at the end of the 90-day period is about 18.12 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.45 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Acco Brands will likely underperform. Additionally Acco Brands has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Acco Brands Price Density |
| Price |
Predictive Modules for Acco 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 Acco Brands. 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 Acco 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.
Acco Brands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Acco Brands is not an exception. The market had few large corrections towards the Acco Brands' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Acco Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Acco Brands within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.36 | |
β | Beta against NYSE Composite | 1.45 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.14 |
Acco Brands Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Acco Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Acco Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Acco Brands generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.83 B. Net Loss for the year was (21.8 M) with profit before overhead, payroll, taxes, and interest of 552.3 M. | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Sonoco Gains From Pricing Actions Amid Low Volumes |
Acco Brands Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Acco Stock often depends not only on the future outlook of the current and potential Acco Brands' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Acco Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 95.3 M | |
| Cash And Short Term Investments | 66.4 M |
Acco Brands Technical Analysis
Acco Brands' future price can be derived by breaking down and analyzing its technical indicators over time. Acco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Acco Brands. In general, you should focus on analyzing Acco Stock price patterns and their correlations with different microeconomic environments and drivers.
Acco Brands Predictive Forecast Models
Acco Brands' time-series forecasting models is one of many Acco Brands' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Acco Brands' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Acco Brands
Checking the ongoing alerts about Acco Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Acco Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Acco Brands generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.83 B. Net Loss for the year was (21.8 M) with profit before overhead, payroll, taxes, and interest of 552.3 M. | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Sonoco Gains From Pricing Actions Amid Low Volumes |
Check out Acco Brands Backtesting, Acco Brands Valuation, Acco Brands Correlation, Acco Brands Hype Analysis, Acco Brands Volatility, Acco Brands History as well as Acco Brands Performance. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.Note that the Acco Brands information on this page should be used as a complementary analysis to other Acco 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 the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Acco Stock analysis
When running Acco Brands' price analysis, check to measure Acco 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 Acco Brands is operating at the current time. Most of Acco Brands' value examination focuses on studying past and present price action to predict the probability of Acco Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acco Brands' price. Additionally, you may evaluate how the addition of Acco Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acco 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 Acco Brands. If investors know Acco 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 Acco 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 (0.33) | Dividend Share 0.3 | Earnings Share (0.26) | Revenue Per Share 18.734 | Quarterly Revenue Growth (0.11) |
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco 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.