AMCON Distributing Stock Forecast - Accumulation Distribution

DIT Stock  USD 127.95  2.82  2.25%   
AMCON Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to 23.19 in 2024, whereas Payables Turnover is likely to drop 43.12 in 2024. . Common Stock Shares Outstanding is likely to gain to about 685.9 K in 2024. Net Income Applicable To Common Shares is likely to gain to about 20.1 M in 2024.
On October 29, 2024 AMCON Distributing had Accumulation Distribution of 50.11. The accumulation distribution (A/D) indicator shows the degree to which AMCON Distributing is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of AMCON Distributing to determine if accumulation or reduction is taking place in the market. This value is adjusted by AMCON Distributing trading volume to give more weight to distributions with higher volume over lower volume.
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AMCON Distributing Trading Date Momentum

On October 30 2024 AMCON Distributing was traded for  124.94  at the closing time. Highest AMCON Distributing's price during the trading hours was 125.83  and the lowest price during the day was  124.94 . The net volume was 75.0. The overall trading history on the 30th of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.62% . The overall trading delta to current price is 4.74% .
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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Other Forecasting Options for AMCON Distributing

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

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

AMCON Distributing Market Strength Events

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

AMCON Distributing Risk Indicators

The analysis of AMCON Distributing'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 AMCON Distributing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amcon 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 AMCON Stock Analysis

When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.