ALLEGROEU Stock Forecast - Period Momentum Indicator
| AL0 Stock | EUR 6.76 0.11 1.60% |
ALLEGROEU Stock Forecast is based on your current time horizon.
ALLEGROEU |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| 0.02 | (0.11) |
| Check ALLEGROEU Volatility | Backtest ALLEGROEU | Trend Details |
ALLEGROEU Trading Date Momentum
| On December 11 2024 ALLEGROEU ZY 01 was traded for 6.76 at the closing time. The maximum traded price for the trading interval was 6.88 and the lowest daily price was 6.76 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.60% . The overall trading delta to the closing price today is 0.15% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for ALLEGROEU
For every potential investor in ALLEGROEU, whether a beginner or expert, ALLEGROEU's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ALLEGROEU Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ALLEGROEU. Basic forecasting techniques help filter out the noise by identifying ALLEGROEU's price trends.ALLEGROEU 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 ALLEGROEU stock to make a market-neutral strategy. Peer analysis of ALLEGROEU could also be used in its relative valuation, which is a method of valuing ALLEGROEU by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ALLEGROEU ZY 01 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 ALLEGROEU'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 ALLEGROEU's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ALLEGROEU Market Strength Events
Market strength indicators help investors to evaluate how ALLEGROEU stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALLEGROEU shares will generate the highest return on investment. By undertsting and applying ALLEGROEU stock market strength indicators, traders can identify ALLEGROEU ZY 01 entry and exit signals to maximize returns.
ALLEGROEU Risk Indicators
The analysis of ALLEGROEU'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 ALLEGROEU's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting allegroeu 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 | 1.46 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.71 |
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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ALLEGROEU financial ratios help investors to determine whether ALLEGROEU Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALLEGROEU with respect to the benefits of owning ALLEGROEU security.