Agape ATP Stock Forecast - 20 Period Moving Average

ATPC Stock   1.59  0.05  3.25%   
The 20 Period Moving Average forecasted value of Agape ATP on the next trading day is expected to be 1.51 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 5.27. Agape Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Agape ATP stock prices and determine the direction of Agape ATP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Agape ATP's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Agape ATP's Asset Turnover is projected to increase slightly based on the last few years of reporting. . As of December 3, 2024, Common Stock Shares Outstanding is expected to decline to about 72 M. The current year's Net Loss is expected to grow to about (2.2 M).
A commonly used 20-period moving average forecast model for Agape ATP is based on a synthetically constructed Agape ATPdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Agape ATP 20 Period Moving Average Price Forecast For the 4th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Agape ATP on the next trading day is expected to be 1.51 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.27.
Please note that although there have been many attempts to predict Agape 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 Agape ATP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Agape ATP Stock Forecast Pattern

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Agape ATP Forecasted Value

In the context of forecasting Agape ATP'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. Agape ATP's downside and upside margins for the forecasting period are 0.02 and 8.43, respectively. We have considered Agape ATP'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.
Market Value
1.59
1.51
Expected Value
8.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Agape ATP stock data series using in forecasting. Note that when a statistical model is used to represent Agape ATP 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 Criteria77.5023
BiasArithmetic mean of the errors 0.0914
MADMean absolute deviation0.1286
MAPEMean absolute percentage error0.0812
SAESum of the absolute errors5.2735
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Agape ATP 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Agape ATP

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agape ATP. 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.
Hype
Prediction
LowEstimatedHigh
0.081.618.54
Details
Intrinsic
Valuation
LowRealHigh
0.071.448.37
Details

Other Forecasting Options for Agape ATP

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

Agape ATP 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 Agape ATP stock to make a market-neutral strategy. Peer analysis of Agape ATP could also be used in its relative valuation, which is a method of valuing Agape ATP by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Agape ATP 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 Agape ATP'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 Agape ATP's current price.

Agape ATP Market Strength Events

Market strength indicators help investors to evaluate how Agape ATP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agape ATP shares will generate the highest return on investment. By undertsting and applying Agape ATP stock market strength indicators, traders can identify Agape ATP entry and exit signals to maximize returns.

Agape ATP Risk Indicators

The analysis of Agape ATP'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 Agape ATP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agape 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.
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 Agape ATP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agape ATP'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 Agape Atp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agape Atp Stock:
Check out Historical Fundamental Analysis of Agape ATP to cross-verify your projections.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services 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 Agape ATP. If investors know Agape 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 Agape ATP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.73)
Revenue Per Share
0.36
Quarterly Revenue Growth
0.03
Return On Assets
(0.51)
Return On Equity
(1.22)
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP'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 Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP'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 Agape ATP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agape ATP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agape ATP'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.