Almonty Industries Stock Forecast - 4 Period Moving Average
| ALM Stock | 8.67 0.33 3.67% |
The 4 Period Moving Average forecasted value of Almonty Industries Common on the next trading day is expected to be 8.84 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 24.69. Almonty Stock Forecast is based on your current time horizon. Although Almonty Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Almonty Industries' systematic risk associated with finding meaningful patterns of Almonty Industries fundamentals over time.
The relative strength momentum indicator of Almonty Industries' share price is above 70 as of now. This suggests that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Almonty, making its price go up or down. Momentum 77
Buy Stretched
Oversold | Overbought |
EPS Estimate Current Year (0.40) | EPS Estimate Next Year 0.2808 | Wall Street Target Price 10.5087 | Quarterly Revenue Growth 0.28 |
Using Almonty Industries hype-based prediction, you can estimate the value of Almonty Industries Common from the perspective of Almonty Industries response to recently generated media hype and the effects of current headlines on its competitors.
Almonty Industries Common Hype to Price Pattern
Investor biases related to Almonty Industries' public news can be used to forecast risks associated with an investment in Almonty. The trend in average sentiment can be used to explain how an investor holding Almonty can time the market purely based on public headlines and social activities around Almonty Industries Common. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Almonty Industries' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Almonty Industries.
The 4 Period Moving Average forecasted value of Almonty Industries Common on the next trading day is expected to be 8.84 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 24.69. Almonty Industries after-hype prediction price | USD 8.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Almonty Industries to cross-verify your projections. Almonty Industries Additional Predictive Modules
Most predictive techniques to examine Almonty price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Almonty using various technical indicators. When you analyze Almonty charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Almonty Industries 4 Period Moving Average Price Forecast For the 21st of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Almonty Industries Common on the next trading day is expected to be 8.84 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.26, and the sum of the absolute errors of 24.69.Please note that although there have been many attempts to predict Almonty Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Almonty Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Almonty Industries Stock Forecast Pattern
| Backtest Almonty Industries | Almonty Industries Price Prediction | Buy or Sell Advice |
Almonty Industries Forecasted Value
In the context of forecasting Almonty Industries' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Almonty Industries' downside and upside margins for the forecasting period are 3.67 and 14.02, respectively. We have considered Almonty Industries' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Almonty Industries stock data series using in forecasting. Note that when a statistical model is used to represent Almonty Industries stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 109.4041 |
| Bias | Arithmetic mean of the errors | -0.0755 |
| MAD | Mean absolute deviation | 0.4331 |
| MAPE | Mean absolute percentage error | 0.0584 |
| SAE | Sum of the absolute errors | 24.685 |
Predictive Modules for Almonty Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Almonty Industries Common. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Common 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 Common 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 | 4.39 | |||
| Standard Deviation | 5.53 | |||
| Variance | 30.55 |
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.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of Almonty Industries to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Diversified Metals & Mining 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 Almonty Industries. If investors know Almonty 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 Almonty Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 0.157 | Quarterly Revenue Growth 0.28 | Return On Assets (0.04) | Return On Equity |
The market value of Almonty Industries Common is measured differently than its book value, which is the value of Almonty that is recorded on the company's balance sheet. Investors also form their own opinion of Almonty Industries' value that differs from its market value or its book value, called intrinsic value, which is Almonty Industries' 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 Almonty Industries' market value can be influenced by many factors that don't directly affect Almonty Industries' 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 Almonty Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almonty Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almonty Industries' 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.