Armstrong World Stock Forecast - Rate Of Daily Change
| AWI Stock | USD 114.75 0.88 0.77% |
Armstrong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Armstrong World stock prices and determine the direction of Armstrong World Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Armstrong World's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Armstrong World's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Armstrong World's systematic risk associated with finding meaningful patterns of Armstrong World fundamentals over time.
Check out Historical Fundamental Analysis of Armstrong World to cross-verify your projections. Armstrong |
Open Interest Against 2024-06-21 Armstrong Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Armstrong World'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 Armstrong World's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Armstrong World 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 Armstrong World's open interest, investors have to compare it to Armstrong World'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 Armstrong World 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 Armstrong. 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 Armstrong World 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 Armstrong World's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Armstrong World's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Armstrong World.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.99 | 0.98 |
| Check Armstrong World Volatility | Backtest Armstrong World | Trend Details |
Armstrong World Trading Date Momentum
| On January 03 2023 Armstrong World Industries was traded for 68.24 at the closing time. Highest Armstrong World's price during the trading hours was 70.29 and the lowest price during the day was 68.24 . The net volume was 337.4 K. The overall trading history on the 3rd of January contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.37% . The overall trading delta to current price is 4.41% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Armstrong World
For every potential investor in Armstrong, whether a beginner or expert, Armstrong World's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Armstrong Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Armstrong. Basic forecasting techniques help filter out the noise by identifying Armstrong World's price trends.Armstrong World 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 Armstrong World stock to make a market-neutral strategy. Peer analysis of Armstrong World could also be used in its relative valuation, which is a method of valuing Armstrong World by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Armstrong World Indu 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 Armstrong World'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 Armstrong World's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Armstrong World Market Strength Events
Market strength indicators help investors to evaluate how Armstrong World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Armstrong World shares will generate the highest return on investment. By undertsting and applying Armstrong World stock market strength indicators, traders can identify Armstrong World Industries entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 114.75 | |||
| Day Typical Price | 114.75 | |||
| Price Action Indicator | 0.44 | |||
| Period Momentum Indicator | 0.88 | |||
| Relative Strength Index | 44.0 |
Armstrong World Risk Indicators
The analysis of Armstrong World'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 Armstrong World's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting armstrong 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 | 1.03 | |||
| Semi Deviation | 0.9615 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Downside Variance | 1.2 | |||
| Semi Variance | 0.9245 | |||
| Expected Short fall | (1.26) |
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.
Currently Active Assets on Macroaxis
| VWITX | Vanguard Intermediate Term Tax Exempt | |
| VGSTX | Vanguard Star Fund | |
| VFIAX | Vanguard 500 Index | |
| VTCLX | Vanguard Tax Managed Capital | |
| VTSAX | Vanguard Total Stock |
Check out Historical Fundamental Analysis of Armstrong World to cross-verify your projections. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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Is Armstrong World'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 Armstrong World. If investors know Armstrong 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 Armstrong World 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 0.308 | Dividend Share 1.094 | Earnings Share 5.31 | Revenue Per Share 29.6 | Quarterly Revenue Growth 0.052 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.