Axalta Coating Stock Forecast - Price Action Indicator
| AXTA Stock | USD 34.51 1.19 3.33% |
Axalta Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Axalta Coating stock prices and determine the direction of Axalta Coating Systems's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Axalta Coating's historical fundamentals, such as revenue growth or operating cash flow patterns.
Axalta |
Open Interest Against 2024-06-21 Axalta Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Axalta Coating'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 Axalta Coating's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Axalta Coating 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 Axalta Coating's open interest, investors have to compare it to Axalta Coating'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 Axalta Coating 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 Axalta. 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 Axalta Coating 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 Axalta Coating's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Axalta Coating'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 |
| (0.19) | (0.30) |
| Check Axalta Coating Volatility | Backtest Axalta Coating | Trend Details |
Axalta Coating Trading Date Momentum
| On March 06 2024 Axalta Coating Systems was traded for 32.56 at the closing time. The top price for the day was 32.75 and the lowest listed price was 32.38 . The trading volume for the day was 998.5 K. The trading history from March 6, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 3.35% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Axalta Coating to competition |
Other Forecasting Options for Axalta Coating
For every potential investor in Axalta, whether a beginner or expert, Axalta Coating's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Axalta Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Axalta. Basic forecasting techniques help filter out the noise by identifying Axalta Coating's price trends.Axalta Coating 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 Axalta Coating stock to make a market-neutral strategy. Peer analysis of Axalta Coating could also be used in its relative valuation, which is a method of valuing Axalta Coating by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axalta Coating Systems 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 Axalta Coating'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 Axalta Coating's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Axalta Coating Market Strength Events
Market strength indicators help investors to evaluate how Axalta Coating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axalta Coating shares will generate the highest return on investment. By undertsting and applying Axalta Coating stock market strength indicators, traders can identify Axalta Coating Systems entry and exit signals to maximize returns.
Axalta Coating Risk Indicators
The analysis of Axalta Coating'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 Axalta Coating's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axalta 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 | 1.19 | |||
| Semi Deviation | 1.42 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.08 | |||
| Downside Variance | 2.41 | |||
| Semi Variance | 2.03 | |||
| Expected Short fall | (1.31) |
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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Additional Information and Resources on Investing in Axalta Stock
When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:Check out Historical Fundamental Analysis of Axalta Coating to cross-verify your projections. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Specialty Chemicals space 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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 (0.33) | Earnings Share 1.12 | Revenue Per Share 23.527 | Quarterly Revenue Growth 0.008 | Return On Assets 0.0591 |
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.