Axa Equitable Stock Forecast - Naive Prediction
| EQH Stock | USD 46.52 1.54 3.42% |
The Naive Prediction forecasted value of Axa Equitable Holdings on the next trading day is expected to be 45.43 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 40.01. Axa Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Axa Equitable's historical fundamentals, such as revenue growth or operating cash flow patterns.
Axa |
Axa Equitable Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Axa Equitable's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2016-03-31 | Previous Quarter 10.3 B | Current Value 9.6 B | Quarterly Volatility 5.6 B |
Axa Equitable Naive Prediction Price Forecast For the 22nd of December
Given 90 days horizon, the Naive Prediction forecasted value of Axa Equitable Holdings on the next trading day is expected to be 45.43 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.81, and the sum of the absolute errors of 40.01.Please note that although there have been many attempts to predict Axa 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 Axa Equitable's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Axa Equitable Stock Forecast Pattern
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Axa Equitable Forecasted Value
In the context of forecasting Axa Equitable'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. Axa Equitable's downside and upside margins for the forecasting period are 43.19 and 47.67, respectively. We have considered Axa Equitable'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 Axa Equitable stock data series using in forecasting. Note that when a statistical model is used to represent Axa Equitable 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 | 119.7388 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6453 |
| MAPE | Mean absolute percentage error | 0.014 |
| SAE | Sum of the absolute errors | 40.0107 |
Predictive Modules for Axa Equitable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axa Equitable Holdings. 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.Other Forecasting Options for Axa Equitable
For every potential investor in Axa, whether a beginner or expert, Axa Equitable's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Axa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Axa. Basic forecasting techniques help filter out the noise by identifying Axa Equitable's price trends.Axa Equitable 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 Axa Equitable stock to make a market-neutral strategy. Peer analysis of Axa Equitable could also be used in its relative valuation, which is a method of valuing Axa Equitable by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axa Equitable Holdings 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 Axa Equitable'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 Axa Equitable's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Axa Equitable Market Strength Events
Market strength indicators help investors to evaluate how Axa Equitable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axa Equitable shares will generate the highest return on investment. By undertsting and applying Axa Equitable stock market strength indicators, traders can identify Axa Equitable Holdings entry and exit signals to maximize returns.
Axa Equitable Risk Indicators
The analysis of Axa Equitable'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 Axa Equitable's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axa 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 | 1.25 | |||
| Semi Deviation | 1.3 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.87 | |||
| Downside Variance | 2.22 | |||
| Semi Variance | 1.7 | |||
| Expected Short fall | (1.49) |
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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When determining whether Axa Equitable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axa Equitable'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 Axa Equitable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axa Equitable Holdings Stock:Check out Historical Fundamental Analysis of Axa Equitable to cross-verify your projections. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Financial 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 Axa Equitable. If investors know Axa 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 Axa Equitable 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 (0.40) | Dividend Share 0.22 | Earnings Share (0.91) | Revenue Per Share 32.942 | Quarterly Revenue Growth (0.25) |
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.