Armstrong World Industries Stock Technical Analysis
AWI Stock | USD 157.09 2.68 1.74% |
As of the 21st of November, Armstrong World shows the Risk Adjusted Performance of 0.2357, mean deviation of 0.9311, and Downside Deviation of 1.09. Armstrong World Indu technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Armstrong World Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Armstrong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArmstrongArmstrong |
Armstrong World Analyst Consensus
Target Price | Advice | # of Analysts | |
85.22 | Buy | 7 | Odds |
Most Armstrong analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Armstrong stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Armstrong World Indu, talking to its executives and customers, or listening to Armstrong conference calls.
Armstrong World 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.
Armstrong World Indu Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Armstrong World Indu volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Armstrong World Indu Trend Analysis
Use this graph to draw trend lines for Armstrong World Industries. You can use it to identify possible trend reversals for Armstrong World as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Armstrong World price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Armstrong World Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Armstrong World Industries applied against its price change over selected period. The best fit line has a slop of 0.56 , which may imply that Armstrong World Industries will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 11945.15, which is the sum of squared deviations for the predicted Armstrong World price change compared to its average price change.About Armstrong World Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Armstrong World Industries on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Armstrong World Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Armstrong World Indu price pattern first instead of the macroeconomic environment surrounding Armstrong World Indu. By analyzing Armstrong World's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Armstrong World's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Armstrong World specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00749 | 0.0139 | 0.0107 | 0.0101 | Price To Sales Ratio | 4.99 | 2.58 | 3.39 | 3.56 |
Armstrong World November 21, 2024 Technical Indicators
Most technical analysis of Armstrong help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Armstrong from various momentum indicators to cycle indicators. When you analyze Armstrong charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2357 | |||
Market Risk Adjusted Performance | 0.3646 | |||
Mean Deviation | 0.9311 | |||
Semi Deviation | 0.5616 | |||
Downside Deviation | 1.09 | |||
Coefficient Of Variation | 324.9 | |||
Standard Deviation | 1.23 | |||
Variance | 1.5 | |||
Information Ratio | 0.23 | |||
Jensen Alpha | 0.2789 | |||
Total Risk Alpha | 0.2283 | |||
Sortino Ratio | 0.2597 | |||
Treynor Ratio | 0.3546 | |||
Maximum Drawdown | 5.22 | |||
Value At Risk | (1.38) | |||
Potential Upside | 2.35 | |||
Downside Variance | 1.18 | |||
Semi Variance | 0.3153 | |||
Expected Short fall | (1.04) | |||
Skewness | 0.2713 | |||
Kurtosis | 0.6695 |
Armstrong World November 21, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Armstrong stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 2,232 | ||
Daily Balance Of Power | 1.14 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 156.07 | ||
Day Typical Price | 156.41 | ||
Price Action Indicator | 2.37 |
Complementary Tools for Armstrong Stock analysis
When running Armstrong World's price analysis, check to measure Armstrong World'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 Armstrong World is operating at the current time. Most of Armstrong World's value examination focuses on studying past and present price action to predict the probability of Armstrong World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armstrong World's price. Additionally, you may evaluate how the addition of Armstrong World to your portfolios can decrease your overall portfolio volatility.
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