Western Alliance Stock Forecast - Accumulation Distribution
| WAL Stock | USD 61.29 1.33 2.22% |
Western Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Western Alliance stock prices and determine the direction of Western Alliance Bancorporation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Western Alliance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Western Alliance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Western Alliance's systematic risk associated with finding meaningful patterns of Western Alliance fundamentals over time.
Check out Historical Fundamental Analysis of Western Alliance to cross-verify your projections. Western |
Open Interest Against 2024-05-10 Western Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Western Alliance'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 Western Alliance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Western Alliance 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 Western Alliance's open interest, investors have to compare it to Western Alliance'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 Western Alliance 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 Western. 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 Western Alliance 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 Western Alliance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Western Alliance's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Western Alliance is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Western Alliance Bancorporation to determine if accumulation or reduction is taking place in the market. This value is adjusted by Western Alliance trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 187201.0 | 229320.0 |
| Check Western Alliance Volatility | Backtest Western Alliance | Trend Details |
Western Alliance Trading Date Momentum
| On March 07 2024 Western Alliance Bancorporation was traded for 60.00 at the closing time. Highest Western Alliance's price during the trading hours was 63.48 and the lowest price during the day was 59.45 . The net volume was 1.7 M. The overall trading history on the 7th of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.46% . The trading price change to current price is 1.66% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Western Alliance to competition |
Other Forecasting Options for Western Alliance
For every potential investor in Western, whether a beginner or expert, Western Alliance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Western Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Western. Basic forecasting techniques help filter out the noise by identifying Western Alliance's price trends.Western Alliance 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 Western Alliance stock to make a market-neutral strategy. Peer analysis of Western Alliance could also be used in its relative valuation, which is a method of valuing Western Alliance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Western Alliance Ban 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 Western Alliance'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 Western Alliance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Western Alliance Market Strength Events
Market strength indicators help investors to evaluate how Western Alliance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Alliance shares will generate the highest return on investment. By undertsting and applying Western Alliance stock market strength indicators, traders can identify Western Alliance Bancorporation entry and exit signals to maximize returns.
Western Alliance Risk Indicators
The analysis of Western Alliance'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 Western Alliance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting western 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 | 2.6 | |||
| Variance | 6.76 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Western Alliance to cross-verify your projections. Note that the Western Alliance Ban information on this page should be used as a complementary analysis to other Western Alliance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Western Stock analysis
When running Western Alliance's price analysis, check to measure Western Alliance'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 Western Alliance is operating at the current time. Most of Western Alliance's value examination focuses on studying past and present price action to predict the probability of Western Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Alliance's price. Additionally, you may evaluate how the addition of Western Alliance to your portfolios can decrease your overall portfolio volatility.
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Is Western Alliance'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 Western Alliance. If investors know Western 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 Western Alliance 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 0.25 | Dividend Share 1.46 | Earnings Share 6.86 | Revenue Per Share 25.265 | Quarterly Revenue Growth 0.34 |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.