AMREP Stock Forecast - Day Typical Price
| AXR Stock | USD 21.84 0.84 4.00% |
AMREP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AMREP stock prices and determine the direction of AMREP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AMREP's historical fundamentals, such as revenue growth or operating cash flow patterns. Although AMREP's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of AMREP's systematic risk associated with finding meaningful patterns of AMREP fundamentals over time.
Check out Historical Fundamental Analysis of AMREP to cross-verify your projections. AMREP |
Most investors in AMREP 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 AMREP's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AMREP's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 21.37 | 21.51 |
| Check AMREP Volatility | Backtest AMREP | Information Ratio |
AMREP Trading Date Momentum
| On April 22 2024 AMREP was traded for 21.84 at the closing time. Highest AMREP's price during the trading hours was 22.19 and the lowest price during the day was 20.50 . The net volume was 39 K. The overall trading history on the 22nd of April did not affect price variability. The overall trading delta to current price is 3.89% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare AMREP to competition |
Other Forecasting Options for AMREP
For every potential investor in AMREP, whether a beginner or expert, AMREP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AMREP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AMREP. Basic forecasting techniques help filter out the noise by identifying AMREP's price trends.AMREP 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 AMREP stock to make a market-neutral strategy. Peer analysis of AMREP could also be used in its relative valuation, which is a method of valuing AMREP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AMREP 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 AMREP'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 AMREP's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AMREP Market Strength Events
Market strength indicators help investors to evaluate how AMREP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMREP shares will generate the highest return on investment. By undertsting and applying AMREP stock market strength indicators, traders can identify AMREP entry and exit signals to maximize returns.
| Accumulation Distribution | 2968.73 | |||
| Daily Balance Of Power | 0.497 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 21.35 | |||
| Day Typical Price | 21.51 | |||
| Price Action Indicator | 0.91 | |||
| Period Momentum Indicator | 0.84 |
AMREP Risk Indicators
The analysis of AMREP'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 AMREP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amrep 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 | 1.96 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.04 |
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.
Pair Trading with AMREP
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 AMREP 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 AMREP will appreciate offsetting losses from the drop in the long position's value.Moving together with AMREP Stock
| 0.72 | RTO | Rentokil Initial PLC | PairCorr |
Moving against AMREP Stock
| 0.45 | BA | Boeing Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP 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 AMREP - 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 AMREP to buy it.
The correlation of AMREP 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 AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP 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 AMREP 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 AMREP to cross-verify your projections. To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for AMREP Stock analysis
When running AMREP's price analysis, check to measure AMREP'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 AMREP is operating at the current time. Most of AMREP's value examination focuses on studying past and present price action to predict the probability of AMREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMREP's price. Additionally, you may evaluate how the addition of AMREP to your portfolios can decrease your overall portfolio volatility.
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Is AMREP'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 AMREP. If investors know AMREP 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 AMREP 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 (0.99) | Earnings Share 0.42 | Revenue Per Share 8.409 | Quarterly Revenue Growth 0.392 | Return On Assets 0.0401 |
The market value of AMREP is measured differently than its book value, which is the value of AMREP that is recorded on the company's balance sheet. Investors also form their own opinion of AMREP's value that differs from its market value or its book value, called intrinsic value, which is AMREP'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 AMREP's market value can be influenced by many factors that don't directly affect AMREP'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 AMREP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMREP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMREP'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.