Alumindo Light Stock Forecast - Price Action Indicator
| ALMI Stock | IDR 69.00 2.00 2.82% |
Alumindo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alumindo Light stock prices and determine the direction of Alumindo Light Metal's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alumindo Light's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Alumindo Light to cross-verify your projections. Alumindo |
Most investors in Alumindo Light 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 Alumindo Light's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alumindo Light'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 |
| 1.0 | (0.50) |
| Check Alumindo Light Volatility | Backtest Alumindo Light | Information Ratio |
Alumindo Light Trading Date Momentum
| On May 19 2024 Alumindo Light Metal was traded for 69.00 at the closing time. The highest price during the trading period was 69.00 and the lowest recorded bid was listed for 68.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 19, 2024 did not affect price variability. The overall trading delta to the current price is 1.45% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Alumindo Light
For every potential investor in Alumindo, whether a beginner or expert, Alumindo Light's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alumindo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alumindo. Basic forecasting techniques help filter out the noise by identifying Alumindo Light's price trends.Alumindo Light 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 Alumindo Light stock to make a market-neutral strategy. Peer analysis of Alumindo Light could also be used in its relative valuation, which is a method of valuing Alumindo Light by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alumindo Light Metal 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 Alumindo Light'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 Alumindo Light's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alumindo Light Market Strength Events
Market strength indicators help investors to evaluate how Alumindo Light stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumindo Light shares will generate the highest return on investment. By undertsting and applying Alumindo Light stock market strength indicators, traders can identify Alumindo Light Metal entry and exit signals to maximize returns.
Alumindo Light Risk Indicators
The analysis of Alumindo Light'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 Alumindo Light's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alumindo 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 | 2.85 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.41 |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Alumindo Light Metal using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Alumindo Light to cross-verify your projections. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Alumindo Stock analysis
When running Alumindo Light's price analysis, check to measure Alumindo Light'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 Alumindo Light is operating at the current time. Most of Alumindo Light's value examination focuses on studying past and present price action to predict the probability of Alumindo Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumindo Light's price. Additionally, you may evaluate how the addition of Alumindo Light to your portfolios can decrease your overall portfolio volatility.
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