Alamo Stock Forecast - Downside Deviation
| ALG Stock | USD 202.61 4.51 2.28% |
Alamo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Alamo's historical fundamentals, such as revenue growth or operating cash flow patterns.
Alamo |
| Check Alamo Volatility | Backtest Alamo | Information Ratio |
Alamo Trading Date Momentum
| On November 25 2024 Alamo Group was traded for 202.61 at the closing time. Highest Alamo's price during the trading hours was 205.62 and the lowest price during the day was 198.27 . The net volume was 93.9 K. The overall trading history on the 25th of November did not affect price variability. The overall trading delta to current price is 1.34% . |
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Other Forecasting Options for Alamo
For every potential investor in Alamo, whether a beginner or expert, Alamo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alamo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alamo. Basic forecasting techniques help filter out the noise by identifying Alamo's price trends.Alamo 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 Alamo stock to make a market-neutral strategy. Peer analysis of Alamo could also be used in its relative valuation, which is a method of valuing Alamo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alamo Group 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 Alamo'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 Alamo's current price.| Cycle Indicators | ||
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Alamo Market Strength Events
Market strength indicators help investors to evaluate how Alamo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alamo shares will generate the highest return on investment. By undertsting and applying Alamo stock market strength indicators, traders can identify Alamo Group entry and exit signals to maximize returns.
Alamo Risk Indicators
The analysis of Alamo'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 Alamo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alamo 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 | 1.43 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.28 | |||
| Downside Variance | 2.61 | |||
| Semi Variance | 2.13 | |||
| Expected Short fall | (1.54) |
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.
Currently Active Assets on Macroaxis
When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Alamo to cross-verify your projections. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Construction Machinery & Heavy Transportation Equipment 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 Alamo. If investors know Alamo 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 Alamo 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 (0.22) | Dividend Share 1 | Earnings Share 9.92 | Revenue Per Share 138.895 | Quarterly Revenue Growth (0.04) |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.