Altice USA Stock Forecast - Coefficient Of Variation
| ATUS Stock | USD 1.97 0.06 3.14% |
Altice Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Altice USA stock prices and determine the direction of Altice USA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Altice USA's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Altice USA's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Altice USA's systematic risk associated with finding meaningful patterns of Altice USA fundamentals over time.
Check out Historical Fundamental Analysis of Altice USA to cross-verify your projections. Altice |
Open Interest Against 2024-04-19 Altice Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Altice USA'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 Altice USA's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Altice USA 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 Altice USA's open interest, investors have to compare it to Altice USA'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 Altice USA 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 Altice. 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 Altice USA 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 Altice USA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Altice USA's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Altice USA Volatility | Backtest Altice USA | Information Ratio |
Altice USA Trading Date Momentum
| On April 19 2024 Altice USA was traded for 1.97 at the closing time. The top price for the day was 1.99 and the lowest listed price was 1.86 . The trading volume for the day was 3 M. The trading history from April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.55% . |
| Compare Altice USA to competition |
Other Forecasting Options for Altice USA
For every potential investor in Altice, whether a beginner or expert, Altice USA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altice Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altice. Basic forecasting techniques help filter out the noise by identifying Altice USA's price trends.Altice USA 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 Altice USA stock to make a market-neutral strategy. Peer analysis of Altice USA could also be used in its relative valuation, which is a method of valuing Altice USA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Altice USA 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 Altice USA'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 Altice USA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Altice USA Market Strength Events
Market strength indicators help investors to evaluate how Altice USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altice USA shares will generate the highest return on investment. By undertsting and applying Altice USA stock market strength indicators, traders can identify Altice USA entry and exit signals to maximize returns.
| Accumulation Distribution | 198594.0 | |||
| Daily Balance Of Power | 0.4615 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 1.93 | |||
| Day Typical Price | 1.94 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | 0.06 |
Altice USA Risk Indicators
The analysis of Altice USA'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 Altice USA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altice 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 | 4.27 | |||
| Standard Deviation | 6.79 | |||
| Variance | 46.09 |
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.
Altice USA Investors Sentiment
The influence of Altice USA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Altice. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Altice USA's public news can be used to forecast risks associated with an investment in Altice. The trend in average sentiment can be used to explain how an investor holding Altice can time the market purely based on public headlines and social activities around Altice USA. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Altice USA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Altice USA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Altice USA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Altice USA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altice USA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altice USA's short interest history, or implied volatility extrapolated from Altice USA options trading.
Pair Trading with Altice USA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altice USA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altice USA will appreciate offsetting losses from the drop in the long position's value.Moving against Altice Stock
| 0.68 | OB | Outbrain Financial Report 14th of May 2024 | PairCorr |
| 0.51 | IAS | Integral Ad Science Financial Report 2nd of May 2024 | PairCorr |
| 0.46 | WPP | WPP PLC ADR | PairCorr |
| 0.46 | STGW | Stagwell Financial Report 14th of May 2024 | PairCorr |
| 0.44 | EEX | Emerald Expositions | PairCorr |
The ability to find closely correlated positions to Altice USA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altice USA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altice USA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altice USA to buy it.
The correlation of Altice USA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altice USA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altice USA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altice USA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Altice USA to cross-verify your projections. For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Altice Stock analysis
When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.
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Is Altice USA'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 Altice USA. If investors know Altice 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 Altice USA 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 (0.22) | Earnings Share 0.12 | Revenue Per Share 20.314 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0365 |
The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA'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 Altice USA's market value can be influenced by many factors that don't directly affect Altice USA'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 Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA'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.