Axos Financial Stock Forecast - Simple Moving Average
| AX Stock | USD 80.01 0.45 0.57% |
The Simple Moving Average forecasted value of Axos Financial on the next trading day is expected to be 80.01 with a mean absolute deviation of 1.61 and the sum of the absolute errors of 94.73. Axos Stock Forecast is based on your current time horizon.
Axos |
Open Interest Against 2024-12-20 Axos Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Axos Financial's 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 Axos Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Axos Financial 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 Axos Financial's open interest, investors have to compare it to Axos Financial's 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 Axos Financial 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 Axos. 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.
Axos Financial Simple Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the Simple Moving Average forecasted value of Axos Financial on the next trading day is expected to be 80.01 with a mean absolute deviation of 1.61, mean absolute percentage error of 6.84, and the sum of the absolute errors of 94.73.Please note that although there have been many attempts to predict Axos 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 Axos Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Axos Financial Stock Forecast Pattern
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Axos Financial Forecasted Value
In the context of forecasting Axos Financial'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. Axos Financial's downside and upside margins for the forecasting period are 76.74 and 83.28, respectively. We have considered Axos Financial'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Axos Financial stock data series using in forecasting. Note that when a statistical model is used to represent Axos Financial 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 | 116.358 |
| Bias | Arithmetic mean of the errors | -0.3529 |
| MAD | Mean absolute deviation | 1.6056 |
| MAPE | Mean absolute percentage error | 0.0219 |
| SAE | Sum of the absolute errors | 94.73 |
Predictive Modules for Axos Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axos Financial. 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 Axos Financial'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 Axos Financial
For every potential investor in Axos, whether a beginner or expert, Axos Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Axos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Axos. Basic forecasting techniques help filter out the noise by identifying Axos Financial's price trends.View Axos Financial Related Equities
| Risk & Return | Correlation |
Axos Financial 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 Axos Financial'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 Axos Financial's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Axos Financial Market Strength Events
Market strength indicators help investors to evaluate how Axos Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axos Financial shares will generate the highest return on investment. By undertsting and applying Axos Financial stock market strength indicators, traders can identify Axos Financial entry and exit signals to maximize returns.
Axos Financial Risk Indicators
The analysis of Axos Financial'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 Axos Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axos 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 | 1.99 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.45 | |||
| Downside Variance | 3.35 | |||
| Semi Variance | 2.42 | |||
| Expected Short fall | (2.41) |
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.
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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.Additional Tools for Axos Stock Analysis
When running Axos Financial's price analysis, check to measure Axos Financial's 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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.