Alma Media Stock Forecast - Day Median Price
| ALMA Stock | EUR 9.74 0.16 1.62% |
Alma Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alma Media stock prices and determine the direction of Alma Media Oyj's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alma Media's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Alma Media to cross-verify your projections. Alma |
Most investors in Alma Media 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 Alma Media's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alma Media's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 9.8 | 9.8 |
| Check Alma Media Volatility | Backtest Alma Media | Information Ratio |
Alma Media Trading Date Momentum
| On April 28 2024 Alma Media Oyj was traded for 9.74 at the closing time. The highest price during the trading period was 9.90 and the lowest recorded bid was listed for 9.70 . There was no trading activity during the period 0.0. Lack of trading volume on April 28, 2024 did not affect price variability. The overall trading delta to the current price is 1.64% . |
The median price is the midpoint of the trading periods range.
| Compare Alma Media to competition |
Other Forecasting Options for Alma Media
For every potential investor in Alma, whether a beginner or expert, Alma Media's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alma Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alma. Basic forecasting techniques help filter out the noise by identifying Alma Media's price trends.Alma Media 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 Alma Media stock to make a market-neutral strategy. Peer analysis of Alma Media could also be used in its relative valuation, which is a method of valuing Alma Media by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alma Media Oyj 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 Alma Media'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 Alma Media's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alma Media Market Strength Events
Market strength indicators help investors to evaluate how Alma Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alma Media shares will generate the highest return on investment. By undertsting and applying Alma Media stock market strength indicators, traders can identify Alma Media Oyj entry and exit signals to maximize returns.
Alma Media Risk Indicators
The analysis of Alma Media'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 Alma Media's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alma 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 | 0.7527 | |||
| Semi Deviation | 0.8765 | |||
| Standard Deviation | 1.0 | |||
| Variance | 1.01 | |||
| Downside Variance | 1.27 | |||
| Semi Variance | 0.7682 | |||
| Expected Short fall | (0.94) |
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 Alma Media
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 Alma Media 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 Alma Media will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alma Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alma Media 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 Alma Media - 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 Alma Media Oyj to buy it.
The correlation of Alma Media 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 Alma Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alma Media Oyj 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 Alma Media 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 Alma Media to cross-verify your projections. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Alma Stock analysis
When running Alma Media's price analysis, check to measure Alma Media'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 Alma Media is operating at the current time. Most of Alma Media's value examination focuses on studying past and present price action to predict the probability of Alma Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alma Media's price. Additionally, you may evaluate how the addition of Alma Media to your portfolios can decrease your overall portfolio volatility.
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