Accel Entertainment Stock Probability of Future Stock Price Finishing Under 10.29
| ACEL Stock | USD 10.57 0.07 0.66% |
Accel |
Accel Entertainment Target Price Odds to finish below 10.29
The tendency of Accel Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 10.29 or more in 90 days |
| 10.57 | 90 days | 10.29 | near 1 |
Based on a normal probability distribution, the odds of Accel Entertainment to drop to $ 10.29 or more in 90 days from now is near 1 (This Accel Entertainment probability density function shows the probability of Accel Stock to fall within a particular range of prices over 90 days) . Probability of Accel Entertainment price to stay between $ 10.29 and its current price of $10.57 at the end of the 90-day period is about 1.44 .
Given the investment horizon of 90 days Accel Entertainment has a beta of 0.12. This suggests as returns on the market go up, Accel Entertainment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Accel Entertainment will be expected to be much smaller as well. Additionally Accel Entertainment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Accel Entertainment Price Density |
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Predictive Modules for Accel Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Accel Entertainment. 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 Accel Entertainment'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.
Accel Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Accel Entertainment is not an exception. The market had few large corrections towards the Accel Entertainment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Accel Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Accel Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.08 |
Accel Entertainment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Accel Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Accel Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Accel Entertainment generated a negative expected return over the last 90 days | |
| Accel Entertainment is unlikely to experience financial distress in the next 2 years | |
| Accel Entertainment has a strong financial position based on the latest SEC filings | |
| About 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: With 34 percent stake, Accel Entertainment, Inc. seems to have captured institutional investors interest |
Accel Entertainment Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Accel Stock often depends not only on the future outlook of the current and potential Accel Entertainment's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Accel Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.8 M | |
| Cash And Short Term Investments | 261.6 M |
Accel Entertainment Technical Analysis
Accel Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Accel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accel Entertainment. In general, you should focus on analyzing Accel Stock price patterns and their correlations with different microeconomic environments and drivers.
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