Ally Financial Stock Forecast - Price Action Indicator
| ALLY Stock | USD 40.12 0.26 0.64% |
Ally Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ally Financial stock prices and determine the direction of Ally Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ally Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ally Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ally Financial's systematic risk associated with finding meaningful patterns of Ally Financial fundamentals over time.
Check out Historical Fundamental Analysis of Ally Financial to cross-verify your projections. Ally |
Open Interest Against 2024-05-24 Ally Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Ally Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Ally Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Ally Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Ally Financial's open interest, investors have to compare it to Ally Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Ally Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Ally. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Ally Financial cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ally Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ally Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.56) | (0.34) |
| Check Ally Financial Volatility | Backtest Ally Financial | Information Ratio |
Ally Financial Trading Date Momentum
| On May 17 2024 Ally Financial was traded for 40.12 at the closing time. The top price for the day was 40.61 and the lowest listed price was 40.05 . The trading volume for the day was 1.4 M. The trading history from May 17, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.07% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Ally Financial to competition |
Other Forecasting Options for Ally Financial
For every potential investor in Ally, whether a beginner or expert, Ally Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ally Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ally. Basic forecasting techniques help filter out the noise by identifying Ally Financial's price trends.Ally Financial 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 Ally Financial stock to make a market-neutral strategy. Peer analysis of Ally Financial could also be used in its relative valuation, which is a method of valuing Ally Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ally Financial 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 Ally Financial'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 Ally Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ally Financial Market Strength Events
Market strength indicators help investors to evaluate how Ally Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ally Financial shares will generate the highest return on investment. By undertsting and applying Ally Financial stock market strength indicators, traders can identify Ally Financial entry and exit signals to maximize returns.
| Accumulation Distribution | 19161.45 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 40.33 | |||
| Day Typical Price | 40.26 | |||
| Price Action Indicator | (0.34) | |||
| Period Momentum Indicator | (0.26) |
Ally Financial Risk Indicators
The analysis of Ally Financial'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 Ally Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ally 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.
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Downside Variance | 2.52 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (1.35) |
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.
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Check out Historical Fundamental Analysis of Ally Financial to cross-verify your projections. For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Ally Stock analysis
When running Ally Financial's price analysis, check to measure Ally Financial'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 Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ally Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ally Financial. If investors know Ally will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ally Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Dividend Share 1.2 | Earnings Share 2.45 | Revenue Per Share 22.683 | Quarterly Revenue Growth (0.10) |
The market value of Ally Financial is measured differently than its book value, which is the value of Ally that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ally Financial's market value can be influenced by many factors that don't directly affect Ally Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.