Algoma Steel Group Stock Statistic Functions Linear Regression Intercept

ASTLW Stock  USD 0.90  0.01  1.12%   
Algoma Steel statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Algoma Steel. Algoma Steel value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Algoma Steel statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Linear Regression Intercept is the expected mean value of Algoma Steel Group price seriese where values of its benchmark or peer price series are zero.

Algoma Steel Technical Analysis Modules

Most technical analysis of Algoma Steel help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Algoma from various momentum indicators to cycle indicators. When you analyze Algoma charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Algoma Steel Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Algoma Steel Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algoma Steel Group based on widely used predictive technical indicators. In general, we focus on analyzing Algoma Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algoma Steel's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Algoma Steel's intrinsic value. In addition to deriving basic predictive indicators for Algoma Steel, we also check how macroeconomic factors affect Algoma Steel price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01530.110.09520.0601
Price To Sales Ratio0.160.10.0940.0738
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Algoma Steel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.040.885.29
Details
Intrinsic
Valuation
LowRealHigh
0.040.855.26
Details
Naive
Forecast
LowNextHigh
0.020.895.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.891.091.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Algoma Steel. Your research has to be compared to or analyzed against Algoma Steel's peers to derive any actionable benefits. When done correctly, Algoma Steel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Algoma Steel Group.

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel'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 Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.