Agree Realty Stock Forecast - Naive Prediction
| ADC Stock | USD 76.80 0.60 0.78% |
The Naive Prediction forecasted value of Agree Realty on the next trading day is expected to be 77.20 with a mean absolute deviation of 0.69 and the sum of the absolute errors of 41.97. Agree Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Agree Realty stock prices and determine the direction of Agree Realty's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Agree Realty's historical fundamentals, such as revenue growth or operating cash flow patterns.
Agree |
Agree Realty Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Agree Realty's financial statements to predict how it will affect future prices.
Cash | First Reported 1996-06-30 | Previous Quarter 24.3 M | Current Value 13.2 M | Quarterly Volatility 31.6 M |
Agree Realty Naive Prediction Price Forecast For the 2nd of December
Given 90 days horizon, the Naive Prediction forecasted value of Agree Realty on the next trading day is expected to be 77.20 with a mean absolute deviation of 0.69, mean absolute percentage error of 0.69, and the sum of the absolute errors of 41.97.Please note that although there have been many attempts to predict Agree 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 Agree Realty's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Agree Realty Stock Forecast Pattern
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Agree Realty Forecasted Value
In the context of forecasting Agree Realty'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. Agree Realty's downside and upside margins for the forecasting period are 76.24 and 78.17, respectively. We have considered Agree Realty'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.
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 Agree Realty stock data series using in forecasting. Note that when a statistical model is used to represent Agree Realty 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 | 117.7428 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6881 |
| MAPE | Mean absolute percentage error | 0.0092 |
| SAE | Sum of the absolute errors | 41.9739 |
Predictive Modules for Agree Realty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agree Realty. 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 Agree Realty'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.
Other Forecasting Options for Agree Realty
For every potential investor in Agree, whether a beginner or expert, Agree Realty's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Agree Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Agree. Basic forecasting techniques help filter out the noise by identifying Agree Realty's price trends.Agree Realty 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 Agree Realty stock to make a market-neutral strategy. Peer analysis of Agree Realty could also be used in its relative valuation, which is a method of valuing Agree Realty by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Agree Realty 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 Agree Realty'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 Agree Realty's current price.| Cycle Indicators | ||
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Agree Realty Market Strength Events
Market strength indicators help investors to evaluate how Agree Realty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agree Realty shares will generate the highest return on investment. By undertsting and applying Agree Realty stock market strength indicators, traders can identify Agree Realty entry and exit signals to maximize returns.
Agree Realty Risk Indicators
The analysis of Agree Realty's 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 Agree Realty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agree 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 | 0.7289 | |||
| Semi Deviation | 0.7902 | |||
| Standard Deviation | 0.9565 | |||
| Variance | 0.9149 | |||
| Downside Variance | 0.8507 | |||
| Semi Variance | 0.6245 | |||
| Expected Short fall | (0.76) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:Check out Historical Fundamental Analysis of Agree Realty to cross-verify your projections. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Retail REITs space 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 Agree Realty. If investors know Agree 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 Agree Realty 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 0.032 | Dividend Share 2.982 | Earnings Share 1.81 | Revenue Per Share 5.985 | Quarterly Revenue Growth 0.128 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.