AKA Brands Stock Forecast - Daily Balance Of Power
| AKA Stock | USD 19.82 1.52 7.12% |
AKA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AKA Brands stock prices and determine the direction of AKA Brands Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AKA Brands' historical fundamentals, such as revenue growth or operating cash flow patterns.
AKA |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5934 | (0.03) |
| Check AKA Brands Volatility | Backtest AKA Brands | Trend Details |
AKA Brands Trading Date Momentum
| On May 21 2024 AKA Brands Holding was traded for 17.95 at the closing time. Highest AKA Brands's price during the trading hours was 23.53 and the lowest price during the day was 17.35 . The net volume was 21.7 K. The overall trading history on the 21st of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 27.74% . The overall trading delta to current price is 33.53% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for AKA Brands
For every potential investor in AKA, whether a beginner or expert, AKA Brands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AKA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AKA. Basic forecasting techniques help filter out the noise by identifying AKA Brands' price trends.AKA Brands 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 AKA Brands stock to make a market-neutral strategy. Peer analysis of AKA Brands could also be used in its relative valuation, which is a method of valuing AKA Brands by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AKA Brands Holding 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 AKA Brands' 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 AKA Brands' current price.| Cycle Indicators | ||
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| Volume Indicators |
AKA Brands Market Strength Events
Market strength indicators help investors to evaluate how AKA Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AKA Brands shares will generate the highest return on investment. By undertsting and applying AKA Brands stock market strength indicators, traders can identify AKA Brands Holding entry and exit signals to maximize returns.
| Accumulation Distribution | 436.45 | |||
| Daily Balance Of Power | (1.11) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 19.88 | |||
| Day Typical Price | 19.86 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (0.81) | |||
| Period Momentum Indicator | (1.52) |
AKA Brands Risk Indicators
The analysis of AKA Brands' 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 AKA Brands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aka 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 | 4.02 | |||
| Standard Deviation | 5.33 | |||
| Variance | 28.39 |
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 AKA Brands Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AKA Brands' 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 Aka Brands Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aka Brands Holding Stock:Check out Historical Fundamental Analysis of AKA Brands to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Specialty Retail 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 AKA Brands. If investors know AKA 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 AKA Brands 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 (0.50) | Earnings Share (2.90) | Revenue Per Share 53.472 | Quarterly Revenue Growth 0.064 | Return On Assets (0.02) |
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA Brands' 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA Brands' 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if AKA Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA Brands' 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.