Altri SGPS Stock Forecast - Daily Balance Of Power

ALTR Stock  EUR 5.03  0.04  0.79%   
Altri Stock Forecast is based on your current time horizon.
  
On June 14, 2024 Altri SGPS SA had Daily Balance Of Power of 0.7692. Balance of Power indicator (or BOP) measures the strength of Altri SGPS SA market sensitivity to bulls and bears. It estimates the ability of Altri SGPS buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Altri SGPS Balance of Power indicator one can determine a trend of the price direction.
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Altri SGPS Trading Date Momentum

On June 17 2024 Altri SGPS SA was traded for  5.29  at the closing time. The highest price during the trading period was 5.31  and the lowest recorded bid was listed for  5.16 . The volume for the day was 304 K. This history from June 17, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.38% . The overall trading delta to the current price is 0.00% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Altri SGPS

For every potential investor in Altri, whether a beginner or expert, Altri SGPS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altri Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altri. Basic forecasting techniques help filter out the noise by identifying Altri SGPS's price trends.

Altri SGPS 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 Altri SGPS stock to make a market-neutral strategy. Peer analysis of Altri SGPS could also be used in its relative valuation, which is a method of valuing Altri SGPS by comparing valuation metrics with similar companies.
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Altri SGPS SA 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 Altri SGPS'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 Altri SGPS's current price.

Altri SGPS Market Strength Events

Market strength indicators help investors to evaluate how Altri SGPS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altri SGPS shares will generate the highest return on investment. By undertsting and applying Altri SGPS stock market strength indicators, traders can identify Altri SGPS SA entry and exit signals to maximize returns.

Altri SGPS Risk Indicators

The analysis of Altri SGPS'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 Altri SGPS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altri 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.

Thematic Opportunities

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Additional Tools for Altri Stock Analysis

When running Altri SGPS's price analysis, check to measure Altri SGPS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altri SGPS is operating at the current time. Most of Altri SGPS's value examination focuses on studying past and present price action to predict the probability of Altri SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altri SGPS's price. Additionally, you may evaluate how the addition of Altri SGPS to your portfolios can decrease your overall portfolio volatility.