Almonty Industries Stock Forecast - Daily Balance Of Power
| AII Stock | CAD 1.89 0.03 1.61% |
Almonty Stock Forecast is based on your current time horizon.
Almonty |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1818 | 0.2727 |
| Check Almonty Industries Volatility | Backtest Almonty Industries | Information Ratio |
Almonty Industries Trading Date Momentum
| On February 27 2025 Almonty Industries was traded for 1.89 at the closing time. The maximum traded price for the trading interval was 1.95 and the lowest daily price was 1.84 . There was no trading activity during the period 0.0. Lack of trading volume on 27th of February 2025 did not affect price variability. The overall trading delta to the closing price today is 1.06% . |
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.
| Compare Almonty Industries to competition |
Other Forecasting Options for Almonty Industries
For every potential investor in Almonty, whether a beginner or expert, Almonty Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Almonty Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Almonty. Basic forecasting techniques help filter out the noise by identifying Almonty Industries' price trends.Almonty Industries 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 Almonty Industries stock to make a market-neutral strategy. Peer analysis of Almonty Industries could also be used in its relative valuation, which is a method of valuing Almonty Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Almonty Industries 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 Almonty Industries' 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 Almonty Industries' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Almonty Industries Market Strength Events
Market strength indicators help investors to evaluate how Almonty Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Almonty Industries shares will generate the highest return on investment. By undertsting and applying Almonty Industries stock market strength indicators, traders can identify Almonty Industries entry and exit signals to maximize returns.
Almonty Industries Risk Indicators
The analysis of Almonty Industries' 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 Almonty Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting almonty 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 | 3.44 | |||
| Semi Deviation | 2.19 | |||
| Standard Deviation | 5.1 | |||
| Variance | 26.06 | |||
| Downside Variance | 11.31 | |||
| Semi Variance | 4.79 | |||
| Expected Short fall | (5.02) |
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.
Pair Trading with Almonty Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Almonty Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Almonty Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Almonty Stock
Moving against Almonty Stock
| 0.49 | RY | Royal Bank | PairCorr |
| 0.42 | INFM | Infinico Metals Corp | PairCorr |
| 0.38 | NBLC | Nobel29 Resources Corp | PairCorr |
| 0.36 | IE | Ivanhoe Energy | PairCorr |
The ability to find closely correlated positions to Almonty Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almonty Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Almonty Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Almonty Industries to buy it.
The correlation of Almonty Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almonty Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almonty Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Almonty Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Almonty Stock
Almonty Industries financial ratios help investors to determine whether Almonty Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Almonty with respect to the benefits of owning Almonty Industries security.