Allegheny Technologies (Germany) Buy Hold or Sell Recommendation
| ATD Stock | EUR 51.92 0.30 0.58% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Allegheny Technologies Incorporated is 'Strong Hold'. Macroaxis provides Allegheny Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATD positions.
Check out Allegheny Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Allegheny and provide practical buy, sell, or hold advice based on investors' constraints. Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Allegheny |
Execute Allegheny Technologies Buy or Sell Advice
The Allegheny recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Allegheny Technologies Incorporated. Macroaxis does not own or have any residual interests in Allegheny Technologies Incorporated or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Allegheny Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Allegheny Technologies Trading Alerts and Improvement Suggestions
| Allegheny Technologies generated a negative expected return over the last 90 days | |
| Allegheny Technologies has accumulated €1.71 Billion in debt which can lead to volatile earnings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies |
Allegheny Technologies Returns Distribution Density
The distribution of Allegheny Technologies' historical returns is an attempt to chart the uncertainty of Allegheny Technologies' future price movements. The chart of the probability distribution of Allegheny Technologies daily returns describes the distribution of returns around its average expected value. We use Allegheny Technologies Incorporated price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Allegheny Technologies returns is essential to provide solid investment advice for Allegheny Technologies.
| Mean Return | -0.12 | Value At Risk | -2.74 | Potential Upside | 2.50 | Standard Deviation | 2.20 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Allegheny Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Allegheny Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Allegheny Technologies or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Allegheny Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Allegheny stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.67 | |
σ | Overall volatility | 2.19 | |
Ir | Information ratio | -0.07 |
Allegheny Technologies Volatility Alert
Allegheny Technologies Incorporated exhibits very low volatility with skewness of 0.72 and kurtosis of 7.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Allegheny Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Allegheny Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Allegheny Technologies Fundamentals Vs Peers
Comparing Allegheny Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Allegheny Technologies' direct or indirect competition across all of the common fundamentals between Allegheny Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Allegheny Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Allegheny Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Allegheny Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Allegheny Technologies to competition |
| Fundamentals | Allegheny Technologies | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.056 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 5.05 B | 16.62 B |
| Shares Outstanding | 129.42 M | 571.82 M |
| Shares Owned By Insiders | 0.65 % | 10.09 % |
| Shares Owned By Institutions | 99.36 % | 39.21 % |
| Price To Earning | 16.10 X | 28.72 X |
| Price To Book | 4.70 X | 9.51 X |
| Price To Sales | 0.98 X | 11.42 X |
| Revenue | 3.84 B | 9.43 B |
| Gross Profit | 714.2 M | 27.38 B |
| EBITDA | 397 M | 3.9 B |
| Net Income | 130.9 M | 570.98 M |
| Cash And Equivalents | 217 M | 2.7 B |
| Cash Per Share | 1.72 X | 5.01 X |
| Total Debt | 1.71 B | 5.32 B |
| Debt To Equity | 75.40 % | 48.70 % |
| Current Ratio | 2.87 X | 2.16 X |
| Book Value Per Share | 8.15 X | 1.93 K |
| Cash Flow From Operations | 224.9 M | 971.22 M |
| Earnings Per Share | 0.89 X | 3.12 X |
| Price To Earnings To Growth | 1.26 X | 4.89 X |
| Target Price | 25.43 | |
| Number Of Employees | 6.7 K | 18.84 K |
| Beta | 1.24 | -0.15 |
| Market Capitalization | 5.02 B | 19.03 B |
| Total Asset | 4.45 B | 29.47 B |
| Z Score | 1.2 | 8.72 |
| Net Asset | 4.45 B |
Allegheny Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Allegheny . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 51.92 | |||
| Day Typical Price | 51.92 | |||
| Price Action Indicator | 0.15 | |||
| Period Momentum Indicator | 0.3 |
About Allegheny Technologies Buy or Sell Advice
When is the right time to buy or sell Allegheny Technologies Incorporated? Buying financial instruments such as Allegheny Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Information and Resources on Investing in Allegheny Stock
When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' 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 Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:Check out Allegheny Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.