Altra Industrial Motion Stock Technical Analysis

AIMCDelisted Stock  USD 61.98  0.00  0.00%   
As of the 19th of April, Altra Industrial shows the Risk Adjusted Performance of 0.1207, mean deviation of 0.1843, and Coefficient Of Variation of 480.61. Altra Industrial Motion technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for eighteen technical drivers for Altra Industrial Motion, which can be compared to its peers. Please confirm Altra Industrial Motion maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Altra Industrial Motion is priced correctly, providing market reflects its regular price of 61.98 per share. Given that Altra Industrial has treynor ratio of (0.63), we suggest you to validate Altra Industrial Motion's prevailing market performance to make sure the company can sustain itself at a future point.

Altra Industrial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Altra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Altra
  
Altra Industrial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Altra Industrial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Altra Industrial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altra Industrial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Altra Industrial Motion Technical Analysis

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Altra Industrial Motion Trend Analysis

Use this graph to draw trend lines for Altra Industrial Motion. You can use it to identify possible trend reversals for Altra Industrial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Altra Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Altra Industrial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Altra Industrial Motion applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Altra Industrial Motion will continue generating value for investors. It has 122 observation points and a regression sum of squares at 42.62, which is the sum of squared deviations for the predicted Altra Industrial price change compared to its average price change.

About Altra Industrial Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Altra Industrial Motion on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Altra Industrial Motion based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Altra Industrial Motion price pattern first instead of the macroeconomic environment surrounding Altra Industrial Motion. By analyzing Altra Industrial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Altra Industrial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Altra Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.

Altra Industrial April 19, 2024 Technical Indicators

Most technical analysis of Altra 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 Altra from various momentum indicators to cycle indicators. When you analyze Altra charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Altra Stock

If you are still planning to invest in Altra Industrial Motion check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altra Industrial's history and understand the potential risks before investing.
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