American Tower Stock Forecast - Accumulation Distribution
| AMT Stock | USD 191.34 2.79 1.44% |
American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American Tower stock prices and determine the direction of American Tower Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American Tower's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of American Tower to cross-verify your projections. American |
Most investors in American Tower 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 American Tower's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American Tower's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which American Tower is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of American Tower Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by American Tower trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 29403.76 | 28917.11 |
| Check American Tower Volatility | Backtest American Tower | Trend Details |
American Tower Trading Date Momentum
| On March 27 2024 American Tower Corp was traded for 195.62 at the closing time. Highest American Tower's price during the trading hours was 197.75 and the lowest price during the day was 194.02 . The net volume was 2.5 M. The overall trading history on the 27th of March contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 1.69% . The overall trading delta to current price is 2.17% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare American Tower to competition |
Other Forecasting Options for American Tower
For every potential investor in American, whether a beginner or expert, American Tower's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. American Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in American. Basic forecasting techniques help filter out the noise by identifying American Tower's price trends.American Tower 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 American Tower stock to make a market-neutral strategy. Peer analysis of American Tower could also be used in its relative valuation, which is a method of valuing American Tower by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
American Tower Corp 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 American Tower'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 American Tower's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American Tower Market Strength Events
Market strength indicators help investors to evaluate how American Tower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Tower shares will generate the highest return on investment. By undertsting and applying American Tower stock market strength indicators, traders can identify American Tower Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 34791.67 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 192.23 | |||
| Day Typical Price | 191.93 | |||
| Price Action Indicator | (2.28) | |||
| Period Momentum Indicator | (2.79) | |||
| Relative Strength Index | 57.03 |
American Tower Risk Indicators
The analysis of American Tower'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 American Tower's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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 | 1.19 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.5 | |||
| Downside Variance | 2.27 | |||
| Semi Variance | 2.09 | |||
| Expected Short fall | (1.37) |
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 American Tower
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 American Tower 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 American Tower will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.65 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
| 0.82 | EQIX | Equinix | PairCorr |
| 0.93 | CCI | Crown Castle Financial Report 17th of July 2024 | PairCorr |
| 0.64 | DLR | Digital Realty Trust | PairCorr |
The ability to find closely correlated positions to American Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Tower 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 American Tower - 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 American Tower Corp to buy it.
The correlation of American Tower 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 American Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Tower Corp 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 American Tower 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 American Tower to cross-verify your projections. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for American Stock analysis
When running American Tower's price analysis, check to measure American Tower'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 American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.
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Is American Tower'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 American Tower. If investors know American 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 American Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower'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 American Tower's market value can be influenced by many factors that don't directly affect American Tower'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 American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower'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.