Acuity Brands Stock Forecast - Accumulation Distribution
| AYI Stock | USD 254.41 3.94 1.57% |
Acuity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Acuity Brands stock prices and determine the direction of Acuity Brands's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Acuity Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Acuity Brands to cross-verify your projections. Acuity |
Most investors in Acuity Brands 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 Acuity Brands' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Acuity Brands' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Acuity Brands is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Acuity Brands to determine if accumulation or reduction is taking place in the market. This value is adjusted by Acuity Brands trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2601.44 | 0.0138 |
| Check Acuity Brands Volatility | Backtest Acuity Brands | Information Ratio |
Acuity Brands Trading Date Momentum
| On May 04 2024 Acuity Brands was traded for 254.41 at the closing time. Highest Acuity Brands's price during the trading hours was 255.24 and the lowest price during the day was 251.72 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May did not affect price variability. The overall trading delta to current price is 0.54% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Acuity Brands to competition |
Other Forecasting Options for Acuity Brands
For every potential investor in Acuity, whether a beginner or expert, Acuity Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Acuity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Acuity. Basic forecasting techniques help filter out the noise by identifying Acuity Brands' price trends.Acuity Brands 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 Acuity Brands stock to make a market-neutral strategy. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Acuity Brands 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 Acuity Brands' 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 Acuity Brands' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Acuity Brands Market Strength Events
Market strength indicators help investors to evaluate how Acuity Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acuity Brands shares will generate the highest return on investment. By undertsting and applying Acuity Brands stock market strength indicators, traders can identify Acuity Brands entry and exit signals to maximize returns.
Acuity Brands Risk Indicators
The analysis of Acuity Brands' 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 Acuity Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acuity 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 | 1.01 | |||
| Semi Deviation | 1.03 | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.66 | |||
| Downside Variance | 1.26 | |||
| Semi Variance | 1.06 | |||
| Expected Short fall | (1.22) |
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.
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 Acuity Brands 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, Acuity Brands' short interest history, or implied volatility extrapolated from Acuity Brands options trading.
Check out Historical Fundamental Analysis of Acuity Brands to cross-verify your projections. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Acuity Stock analysis
When running Acuity Brands' price analysis, check to measure Acuity 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acuity 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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 Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity 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.