Alamos Gold Stock Forecast - Day Typical Price
| AGI Stock | USD 14.96 0.25 1.70% |
Alamos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alamos Gold stock prices and determine the direction of Alamos Gold's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alamos Gold's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Alamos Gold's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Alamos Gold's systematic risk associated with finding meaningful patterns of Alamos Gold fundamentals over time.
Check out Historical Fundamental Analysis of Alamos Gold to cross-verify your projections. Alamos |
Open Interest Against 2024-05-17 Alamos Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Alamos Gold'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 Alamos Gold's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Alamos Gold 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 Alamos Gold's open interest, investors have to compare it to Alamos Gold'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 Alamos Gold 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 Alamos. 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 Alamos Gold 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 Alamos Gold's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alamos Gold'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 |
| 14.92 | 14.92 |
| Check Alamos Gold Volatility | Backtest Alamos Gold | Information Ratio |
Alamos Gold Trading Date Momentum
| On May 04 2024 Alamos Gold was traded for 14.96 at the closing time. Highest Alamos Gold's price during the trading hours was 15.09 and the lowest price during the day was 14.72 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May did not affect price variability. The overall trading delta to current price is 1.34% . |
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 Alamos Gold to competition |
Other Forecasting Options for Alamos Gold
For every potential investor in Alamos, whether a beginner or expert, Alamos Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alamos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alamos. Basic forecasting techniques help filter out the noise by identifying Alamos Gold's price trends.Alamos Gold 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 Alamos Gold stock to make a market-neutral strategy. Peer analysis of Alamos Gold could also be used in its relative valuation, which is a method of valuing Alamos Gold by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alamos Gold 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 Alamos Gold'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 Alamos Gold's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alamos Gold Market Strength Events
Market strength indicators help investors to evaluate how Alamos Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alamos Gold shares will generate the highest return on investment. By undertsting and applying Alamos Gold stock market strength indicators, traders can identify Alamos Gold entry and exit signals to maximize returns.
Alamos Gold Risk Indicators
The analysis of Alamos Gold'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 Alamos Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alamos 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 | 1.71 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.94 | |||
| Downside Variance | 4.32 | |||
| Semi Variance | 3.2 | |||
| Expected Short fall | (1.93) |
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 Alamos Gold
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 Alamos Gold 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
| 0.95 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.86 | OR | Osisko Gold Ro Earnings Call This Week | PairCorr |
| 0.9 | EQX | Equinox Gold Corp Earnings Call This Week | PairCorr |
Moving against Alamos Stock
| 0.94 | SID | Companhia Siderurgica Earnings Call This Week | PairCorr |
| 0.8 | X | United States Steel | PairCorr |
| 0.52 | MSB | Mesabi Trust | PairCorr |
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold 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 Alamos Gold - 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 Alamos Gold to buy it.
The correlation of Alamos Gold 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos Gold 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 Alamos Gold to cross-verify your projections. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.Note that the Alamos Gold information on this page should be used as a complementary analysis to other Alamos Gold'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Alamos Stock analysis
When running Alamos Gold's price analysis, check to measure Alamos Gold'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 Alamos Gold is operating at the current time. Most of Alamos Gold's value examination focuses on studying past and present price action to predict the probability of Alamos Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alamos Gold's price. Additionally, you may evaluate how the addition of Alamos Gold to your portfolios can decrease your overall portfolio volatility.
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Is Alamos Gold'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 Alamos Gold. If investors know Alamos 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 Alamos Gold 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 (0.12) | Dividend Share 0.1 | Earnings Share 0.52 | Revenue Per Share 2.649 | Quarterly Revenue Growth 0.104 |
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold'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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold'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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.