Allego Stock Forecast - Accumulation Distribution

ALLGDelisted 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.
  
On August 6, 2024 Allego Inc had Accumulation Distribution of 661.17. The accumulation distribution (A/D) indicator shows the degree to which Allego is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Allego Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Allego trading volume to give more weight to distributions with higher volume over lower volume.
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Allego Trading Date Momentum

On August 07 2024 Allego Inc was traded for  1.41  at the closing time. The top price for the day was 1.47  and the lowest listed price was  1.41 . The trading volume for the day was 61.9 K. The trading history from August 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.37% . The overall trading delta against the current closing price is 9.40% .
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.
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

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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Consideration for investing in Allego Stock

If you are still planning to invest in Allego Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allego's history and understand the potential risks before investing.
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