Alcon AG Stock Forecast - Price Action Indicator

ALC Stock  USD 86.17  0.18  0.21%   
Alcon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alcon AG stock prices and determine the direction of Alcon AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alcon AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Alcon AG's Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 5.14, whereas Asset Turnover is forecasted to decline to 0.22. . The current year's Net Income Applicable To Common Shares is expected to grow to about 404.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 490.3 M.
Alcon AG has current Price Action Indicator of 0.27. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Alcon AG Trading Date Momentum

On November 25 2024 Alcon AG was traded for  86.17  at the closing time. Highest Alcon AG's price during the trading hours was 86.32  and the lowest price during the day was  85.67 . The net volume was 838.1 K. The overall trading history on the 25th of November did not affect price variability. The overall trading delta to current price is 0.15% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Alcon AG

For every potential investor in Alcon, whether a beginner or expert, Alcon AG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alcon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alcon. Basic forecasting techniques help filter out the noise by identifying Alcon AG's price trends.

Alcon AG 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 Alcon AG stock to make a market-neutral strategy. Peer analysis of Alcon AG could also be used in its relative valuation, which is a method of valuing Alcon AG by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Alcon AG 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 Alcon AG'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 Alcon AG's current price.

Alcon AG Market Strength Events

Market strength indicators help investors to evaluate how Alcon AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcon AG shares will generate the highest return on investment. By undertsting and applying Alcon AG stock market strength indicators, traders can identify Alcon AG entry and exit signals to maximize returns.

Alcon AG Risk Indicators

The analysis of Alcon AG'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 Alcon AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alcon 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.
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 Alcon AG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcon AG'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 Alcon Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcon Ag Stock:
Check out Historical Fundamental Analysis of Alcon AG to cross-verify your projections.
For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.
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Is Health Care Equipment & Supplies 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 Alcon AG. If investors know Alcon 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 Alcon AG 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
0.293
Earnings Share
2.34
Revenue Per Share
19.757
Quarterly Revenue Growth
0.054
Return On Assets
0.0255
The market value of Alcon AG is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon AG's value that differs from its market value or its book value, called intrinsic value, which is Alcon AG'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 Alcon AG's market value can be influenced by many factors that don't directly affect Alcon AG'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 Alcon AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcon AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon AG'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.