Alaska Air Stock Forecast - Period Momentum Indicator
| ALK Stock | USD 42.02 0.84 2.04% |
Alaska Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alaska Air stock prices and determine the direction of Alaska Air Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alaska Air's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Alaska Air's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Alaska Air's systematic risk associated with finding meaningful patterns of Alaska Air fundamentals over time.
Check out Historical Fundamental Analysis of Alaska Air to cross-verify your projections. Alaska |
Open Interest Against 2024-06-21 Alaska Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Alaska Air'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 Alaska Air's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Alaska Air 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 Alaska Air's open interest, investors have to compare it to Alaska Air'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 Alaska Air 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 Alaska. 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 Alaska Air 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 Alaska Air's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alaska Air's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (1.27) | (1.84) |
| Check Alaska Air Volatility | Backtest Alaska Air | Trend Details |
Alaska Air Trading Date Momentum
| On May 10 2024 Alaska Air Group was traded for 43.76 at the closing time. Highest Alaska Air's price during the trading hours was 44.22 and the lowest price during the day was 43.31 . The net volume was 1.2 M. The overall trading history on the 10th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.23% . The overall trading delta to current price is 0.32% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Alaska Air to competition |
Other Forecasting Options for Alaska Air
For every potential investor in Alaska, whether a beginner or expert, Alaska Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alaska Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alaska. Basic forecasting techniques help filter out the noise by identifying Alaska Air's price trends.Alaska Air 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 Alaska Air stock to make a market-neutral strategy. Peer analysis of Alaska Air could also be used in its relative valuation, which is a method of valuing Alaska Air by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alaska Air Group 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 Alaska Air'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 Alaska Air's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alaska Air Market Strength Events
Market strength indicators help investors to evaluate how Alaska Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alaska Air shares will generate the highest return on investment. By undertsting and applying Alaska Air stock market strength indicators, traders can identify Alaska Air Group entry and exit signals to maximize returns.
Alaska Air Risk Indicators
The analysis of Alaska Air'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 Alaska Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alaska 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 | 1.39 | |||
| Semi Deviation | 1.49 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.33 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 2.22 | |||
| Expected Short fall | (1.51) |
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.
Becoming a Better Investor with Macroaxis
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Check out Historical Fundamental Analysis of Alaska Air to cross-verify your projections. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Alaska Stock analysis
When running Alaska Air's price analysis, check to measure Alaska Air'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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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Is Alaska Air'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 Alaska Air. If investors know Alaska 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 Alaska Air 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 2.484 | Earnings Share 1.89 | Revenue Per Share 82.383 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0335 |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air'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 Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air'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 Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air'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.