Algoma Steel Stock Forecast - Accumulation Distribution
| ASTL Stock | USD 3.92 0.18 4.39% |
Algoma Stock Forecast is based on your current time horizon. Although Algoma Steel's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Algoma Steel's systematic risk associated with finding meaningful patterns of Algoma Steel fundamentals over time.
As of now the relative strength momentum indicator of Algoma Steel's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth (0.93) | EPS Estimate Next Quarter (1.04) | EPS Estimate Current Year (3.07) | EPS Estimate Next Year (2.63) | Wall Street Target Price 20 |
Using Algoma Steel hype-based prediction, you can estimate the value of Algoma Steel Group from the perspective of Algoma Steel response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Algoma Steel using Algoma Steel's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Algoma using crowd psychology based on the activity and movement of Algoma Steel's stock price.
Algoma Steel Short Interest
An investor who is long Algoma Steel may also wish to track short interest. As short interest increases, investors should be becoming more worried about Algoma Steel and may potentially protect profits, hedge Algoma Steel with its derivative instruments, or be ready for some potential downside.
200 Day MA 5.5666 | Short Percent 0.0763 | Short Ratio 2.09 | Shares Short Prior Month 5.3 M | 50 Day MA 4.1364 |
Algoma Steel Group Hype to Price Pattern
Investor biases related to Algoma Steel's public news can be used to forecast risks associated with an investment in Algoma. The trend in average sentiment can be used to explain how an investor holding Algoma can time the market purely based on public headlines and social activities around Algoma Steel Group. 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 Algoma Steel's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Algoma Steel.
Algoma Steel Implied Volatility | 1.26 |
Algoma Steel's implied volatility exposes the market's sentiment of Algoma Steel Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Algoma Steel's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Algoma Steel stock will not fluctuate a lot when Algoma Steel's options are near their expiration.
Algoma Steel after-hype prediction price | USD 3.96 |
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 Algoma Steel to cross-verify your projections. Open Interest Against 2026-02-20 Algoma Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Algoma Steel's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Algoma Steel's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Algoma Steel stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Algoma Steel's open interest, investors have to compare it to Algoma Steel's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Algoma Steel is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Algoma. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Algoma Steel Additional Predictive Modules
Most predictive techniques to examine Algoma price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Algoma using various technical indicators. When you analyze Algoma 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 |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 33553.03 | 97378.08 |
| Check Algoma Steel Volatility | Backtest Algoma Steel | Information Ratio |
Algoma Steel Trading Date Momentum
| On January 02 2026 Algoma Steel Group was traded for 3.92 at the closing time. The top price for the day was 4.16 and the lowest listed price was 3.84 . The trading volume for the day was 1.3 M. The trading history from January 2, 2026 did not affect price variability. The overall trading delta against the current closing price is 5.10% . |
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
| Compare Algoma Steel to competition |
Other Forecasting Options for Algoma Steel
For every potential investor in Algoma, whether a beginner or expert, Algoma Steel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Algoma Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Algoma. Basic forecasting techniques help filter out the noise by identifying Algoma Steel's price trends.Algoma Steel 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 Algoma Steel stock to make a market-neutral strategy. Peer analysis of Algoma Steel could also be used in its relative valuation, which is a method of valuing Algoma Steel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Algoma Steel 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 Algoma Steel'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 Algoma Steel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Algoma Steel Market Strength Events
Market strength indicators help investors to evaluate how Algoma Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Algoma Steel shares will generate the highest return on investment. By undertsting and applying Algoma Steel stock market strength indicators, traders can identify Algoma Steel Group entry and exit signals to maximize returns.
| Accumulation Distribution | 97378.08 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 4.0 | |||
| Day Typical Price | 3.97 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.18) |
Algoma Steel Risk Indicators
The analysis of Algoma Steel'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 Algoma Steel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting algoma 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 | 3.71 | |||
| Semi Deviation | 4.14 | |||
| Standard Deviation | 4.7 | |||
| Variance | 22.05 | |||
| Downside Variance | 19.07 | |||
| Semi Variance | 17.17 | |||
| Expected Short fall | (4.33) |
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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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 Algoma Steel. If investors know Algoma 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 Algoma Steel 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 (0.93) | Dividend Share 0.427 | Earnings Share (1.03) | Revenue Per Share | Quarterly Revenue Growth (0.13) |
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel'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 Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel'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 Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel'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.