Ampco Pittsburgh Stock Price on November 6, 2023

AP Stock  USD 1.75  0.08  4.79%   
If you're considering investing in Ampco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ampco Pittsburgh stands at 1.75, as last reported on the 22nd of November, with the highest price reaching 1.75 and the lowest price hitting 1.68 during the day. Ampco Pittsburgh secures Sharpe Ratio (or Efficiency) of -0.0373, which signifies that the company had a -0.0373% return per unit of risk over the last 3 months. Ampco Pittsburgh exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ampco Pittsburgh's Mean Deviation of 3.19, standard deviation of 4.15, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
Ampco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0373

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Estimated Market Risk

 4.15
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ampco Pittsburgh is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ampco Pittsburgh by adding Ampco Pittsburgh to a well-diversified portfolio.

Ampco Pittsburgh Valuation on November 6, 2023

It is possible to determine the worth of Ampco Pittsburgh on a given historical date. On November 6, 2023 Ampco was worth 2.88 at the beginning of the trading date compared to the closed value of 2.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ampco Pittsburgh stock. Still, in general, we apply an absolute valuation method to find Ampco Pittsburgh's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ampco Pittsburgh where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ampco Pittsburgh's related companies.
 Open High Low Close Volume
  2.88    2.90    2.69    2.70    35,130  
11/06/2023
  2.88    2.93    2.81    2.86    18,409  
  2.85    3.02    2.85    2.88    14,065  
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Open Value
2.88
2.86
Closing Value
15.32
Upside

Ampco Pittsburgh Trading Date Momentum on November 6, 2023

On November 07 2023 Ampco Pittsburgh was traded for  2.88  at the closing time. The highest price during the trading period was 3.02  and the lowest recorded bid was listed for  2.85 . The volume for the day was 14.1 K. This history from November 7, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 0.70% . The overall trading delta to the current price is 5.94% .

Ampco Pittsburgh Fundamentals Correlations and Trends

By evaluating Ampco Pittsburgh's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ampco Pittsburgh's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ampco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ampco Pittsburgh Stock history

Ampco Pittsburgh investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ampco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ampco Pittsburgh will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ampco Pittsburgh stock prices may prove useful in developing a viable investing in Ampco Pittsburgh
Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania. Ampco-Pittsburgh operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 1485 people.

Ampco Pittsburgh Stock Technical Analysis

Ampco Pittsburgh technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ampco Pittsburgh technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ampco Pittsburgh trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ampco Pittsburgh Period Price Range

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November 22, 2024
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High

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Ampco Pittsburgh November 22, 2024 Market Strength

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

Ampco Pittsburgh Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ampco Pittsburgh's price direction in advance. Along with the technical and fundamental analysis of Ampco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ampco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Ampco Stock Analysis

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