Ampco Pittsburgh Stock Forecast - Rate Of Daily Change

AP Stock  USD 1.51  0.04  2.58%   
Ampco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ampco Pittsburgh stock prices and determine the direction of Ampco Pittsburgh's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ampco Pittsburgh's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ampco Pittsburgh's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ampco Pittsburgh's systematic risk associated with finding meaningful patterns of Ampco Pittsburgh fundamentals over time.
Check out Historical Fundamental Analysis of Ampco Pittsburgh to cross-verify your projections.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
  
At this time, Ampco Pittsburgh's Payables Turnover is relatively stable compared to the past year. As of 05/19/2024, Receivables Turnover is likely to grow to 5.29, while Inventory Turnover is likely to drop 2.66. . As of 05/19/2024, Net Income Applicable To Common Shares is likely to grow to about 3.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 12 M.

Open Interest Against 2024-06-21 Ampco Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Ampco Pittsburgh'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 Ampco Pittsburgh's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Ampco Pittsburgh 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 Ampco Pittsburgh's open interest, investors have to compare it to Ampco Pittsburgh'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 Ampco Pittsburgh 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 Ampco. 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.
On April 24, 2024 Ampco Pittsburgh had Rate Of Daily Change of 0.97.
Most investors in Ampco Pittsburgh 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 Ampco Pittsburgh's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ampco Pittsburgh's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Ampco Pittsburgh.
Check Ampco Pittsburgh VolatilityBacktest Ampco PittsburghTrend Details  

Ampco Pittsburgh Trading Date Momentum

On April 25 2024 Ampco Pittsburgh was traded for  2.12  at the closing time. The highest price during the trading period was 2.14  and the lowest recorded bid was listed for  2.09 . The volume for the day was 8.4 K. This history from April 25, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 1.44% . The overall trading delta to the current price is 2.87% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Ampco Pittsburgh

For every potential investor in Ampco, whether a beginner or expert, Ampco Pittsburgh's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ampco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ampco. Basic forecasting techniques help filter out the noise by identifying Ampco Pittsburgh's price trends.

Ampco Pittsburgh 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 Ampco Pittsburgh stock to make a market-neutral strategy. Peer analysis of Ampco Pittsburgh could also be used in its relative valuation, which is a method of valuing Ampco Pittsburgh by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ampco Pittsburgh 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 Ampco Pittsburgh'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 Ampco Pittsburgh's current price.

Ampco Pittsburgh Market Strength Events

Market strength indicators help investors to evaluate how Ampco Pittsburgh stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ampco Pittsburgh shares will generate the highest return on investment. By undertsting and applying Ampco Pittsburgh stock market strength indicators, traders can identify Ampco Pittsburgh entry and exit signals to maximize returns.

Ampco Pittsburgh Risk Indicators

The analysis of Ampco Pittsburgh'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 Ampco Pittsburgh's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ampco 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.
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.

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When determining whether Ampco Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Historical Fundamental Analysis of Ampco Pittsburgh to cross-verify your projections.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Ampco Pittsburgh'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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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
(0.31)
Earnings Share
(2.21)
Revenue Per Share
21.715
Quarterly Revenue Growth
0.052
Return On Assets
0.0107
The market value of Ampco Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.