ALTEO Energiaszolgalta Stock Forecast - Period Momentum Indicator
| ALTEO Stock | 4,160 100.00 2.46% |
ALTEO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ALTEO Energiaszolgalta stock prices and determine the direction of ALTEO Energiaszolgaltato Nyrt's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ALTEO Energiaszolgalta's historical fundamentals, such as revenue growth or operating cash flow patterns.
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| Check ALTEO Energiaszolgalta Volatility | Backtest ALTEO Energiaszolgalta | Trend Details |
ALTEO Energiaszolgalta Trading Date Momentum
| On December 17 2024 ALTEO Energiaszolgaltato Nyrt was traded for 4,080 at the closing time. The highest price during the trading period was 4,090 and the lowest recorded bid was listed for 4,050 . The volume for the day was 3.7 K. This history from December 17, 2024 did not affect price variability. The overall trading delta to the current price is 1.47% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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ALTEO Energiaszolgalta 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 ALTEO Energiaszolgalta stock to make a market-neutral strategy. Peer analysis of ALTEO Energiaszolgalta could also be used in its relative valuation, which is a method of valuing ALTEO Energiaszolgalta by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ALTEO Energiaszolgalta Market Strength Events
Market strength indicators help investors to evaluate how ALTEO Energiaszolgalta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALTEO Energiaszolgalta shares will generate the highest return on investment. By undertsting and applying ALTEO Energiaszolgalta stock market strength indicators, traders can identify ALTEO Energiaszolgaltato Nyrt entry and exit signals to maximize returns.
| Accumulation Distribution | 378.6 | |||
| Daily Balance Of Power | 0.8333 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 4120.0 | |||
| Day Typical Price | 4133.33 | |||
| Market Facilitation Index | 0.0091 | |||
| Price Action Indicator | 90.0 | |||
| Period Momentum Indicator | 100.0 |
ALTEO Energiaszolgalta Risk Indicators
The analysis of ALTEO Energiaszolgalta'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 ALTEO Energiaszolgalta's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alteo 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 | 0.6723 | |||
| Standard Deviation | 0.8932 | |||
| Variance | 0.7978 |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in ALTEO Stock
ALTEO Energiaszolgalta financial ratios help investors to determine whether ALTEO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALTEO with respect to the benefits of owning ALTEO Energiaszolgalta security.