Ampco Pittsburgh Stock Technical Analysis

AP Stock  USD 2.17  0.06  2.84%   
As of the 29th of March, Ampco Pittsburgh shows the Risk Adjusted Performance of (0.03), mean deviation of 2.37, and Standard Deviation of 3.63. Ampco-Pittsburgh technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Ampco Pittsburgh, which can be compared to its rivals. Please confirm Ampco-Pittsburgh variance and value at risk to decide if Ampco-Pittsburgh is priced correctly, providing market reflects its regular price of 2.17 per share. Please also double-check Ampco Pittsburgh jensen alpha, which is currently at (0.37) to validate the company can sustain itself at a future point.

Ampco Pittsburgh Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ampco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ampco
  
Ampco Pittsburgh's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Ampco Pittsburgh Analyst Consensus

Target PriceAdvice# of Analysts
5.0Strong Sell0Odds
Ampco Pittsburgh current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ampco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ampco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ampco-Pittsburgh, talking to its executives and customers, or listening to Ampco conference calls.
Ampco Analyst Advice Details
Ampco Pittsburgh technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ampco Pittsburgh technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ampco Pittsburgh trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ampco-Pittsburgh Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ampco-Pittsburgh volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ampco-Pittsburgh Trend Analysis

Use this graph to draw trend lines for Ampco Pittsburgh. You can use it to identify possible trend reversals for Ampco Pittsburgh as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ampco Pittsburgh price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ampco Pittsburgh Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ampco Pittsburgh applied against its price change over selected period. The best fit line has a slop of   0.0033  , which may indicate that the price for Ampco Pittsburgh will continue to decline. It has 122 observation points and a regression sum of squares at 0.42, which is the sum of squared deviations for the predicted Ampco Pittsburgh price change compared to its average price change.

About Ampco Pittsburgh Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ampco Pittsburgh on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ampco Pittsburgh based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ampco-Pittsburgh price pattern first instead of the macroeconomic environment surrounding Ampco-Pittsburgh. By analyzing Ampco Pittsburgh's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ampco Pittsburgh's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ampco Pittsburgh specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Operating Cycle210.37150.78
Dividend Yield8.16E-47.76E-4

Ampco Pittsburgh March 29, 2024 Technical Indicators

Most technical analysis of Ampco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ampco from various momentum indicators to cycle indicators. When you analyze Ampco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Ampco Pittsburgh March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Ampco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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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
(2.04)
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
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.