Allego Stock Forecast - Accumulation Distribution
| ALLG Stock | USD 1.91 0.01 0.53% |
Allego Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Allego's historical fundamentals, such as revenue growth or operating cash flow patterns.
Allego |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 18.74 | 0.0256 |
| Check Allego Volatility | Backtest Allego | Information Ratio |
Allego Trading Date Momentum
| On November 24 2024 Allego Inc was traded for 1.91 at the closing time. The top price for the day was 1.95 and the lowest listed price was 1.90 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.52% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Allego 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 Allego stock to make a market-neutral strategy. Peer analysis of Allego could also be used in its relative valuation, which is a method of valuing Allego by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Allego Market Strength Events
Market strength indicators help investors to evaluate how Allego stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allego shares will generate the highest return on investment. By undertsting and applying Allego stock market strength indicators, traders can identify Allego Inc entry and exit signals to maximize returns.
Allego Risk Indicators
The analysis of Allego'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 Allego's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting allego 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 | 9.11 | |||
| Semi Deviation | 8.42 | |||
| Standard Deviation | 15.86 | |||
| Variance | 251.45 | |||
| Downside Variance | 109.28 | |||
| Semi Variance | 70.95 | |||
| Expected Short fall | (13.09) |
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 Allego Inc is a strong investment it is important to analyze Allego'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 Allego's future performance. For an informed investment choice regarding Allego Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Automotive Parts & 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 Allego. If investors know Allego 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 Allego listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Revenue Per Share 0.542 | Quarterly Revenue Growth (0.20) | Return On Assets (0.09) | Return On Equity (7.60) |
The market value of Allego Inc is measured differently than its book value, which is the value of Allego that is recorded on the company's balance sheet. Investors also form their own opinion of Allego's value that differs from its market value or its book value, called intrinsic value, which is Allego'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 Allego's market value can be influenced by many factors that don't directly affect Allego'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 Allego's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allego is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allego'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.