Armstrong World Industries Stock Probability of Future Stock Price Finishing Under 151.73
| AWI Stock | USD 153.65 1.66 1.07% |
Armstrong |
Armstrong World Target Price Odds to finish below 151.73
The tendency of Armstrong Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 151.73 or more in 90 days |
| 153.65 | 90 days | 151.73 | about 76.4 |
Based on a normal probability distribution, the odds of Armstrong World to drop to $ 151.73 or more in 90 days from now is about 76.4 (This Armstrong World Industries probability density function shows the probability of Armstrong Stock to fall within a particular range of prices over 90 days) . Probability of Armstrong World Indu price to stay between $ 151.73 and its current price of $153.65 at the end of the 90-day period is nearly 4.74 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.09 . This suggests Armstrong World Industries market returns are responsive to returns on the market. As the market goes up or down, Armstrong World is expected to follow. Additionally Armstrong World Industries has an alpha of 0.2566, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Armstrong World Price Density |
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Predictive Modules for Armstrong World
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Armstrong World Indu. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Armstrong World's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Armstrong World Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Armstrong World is not an exception. The market had few large corrections towards the Armstrong World's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Armstrong World Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Armstrong World within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 11.68 | |
Ir | Information ratio | 0.22 |
Armstrong World Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Armstrong World for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Armstrong World Indu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Armstrong World Indu is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 21st of November 2024 Armstrong World paid $ 0.308 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: IHT Wealth Management LLC Makes New 227,000 Investment in Armstrong World Industries, Inc. |
Armstrong World Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Armstrong Stock often depends not only on the future outlook of the current and potential Armstrong World's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Armstrong World's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.8 M | |
| Cash And Short Term Investments | 70.8 M |
Armstrong World Technical Analysis
Armstrong World's future price can be derived by breaking down and analyzing its technical indicators over time. Armstrong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Armstrong World Industries. In general, you should focus on analyzing Armstrong Stock price patterns and their correlations with different microeconomic environments and drivers.
Armstrong World Predictive Forecast Models
Armstrong World's time-series forecasting models is one of many Armstrong World's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Armstrong World's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Armstrong World Indu
Checking the ongoing alerts about Armstrong World for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Armstrong World Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Armstrong World Indu is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 21st of November 2024 Armstrong World paid $ 0.308 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: IHT Wealth Management LLC Makes New 227,000 Investment in Armstrong World Industries, Inc. |
Check out Armstrong World Backtesting, Armstrong World Valuation, Armstrong World Correlation, Armstrong World Hype Analysis, Armstrong World Volatility, Armstrong World History as well as Armstrong World Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Building Products space 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 Armstrong World. If investors know Armstrong 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 Armstrong World 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 0.122 | Dividend Share 1.148 | Earnings Share 5.61 | Revenue Per Share 31.742 | Quarterly Revenue Growth 0.113 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.