AMREP Stock Forecast - Daily Balance Of Power

AXR Stock  USD 31.91  0.62  1.98%   
AMREP Stock Forecast is based on your current time horizon. Although AMREP's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of AMREP's systematic risk associated with finding meaningful patterns of AMREP fundamentals over time.
  
At this time, AMREP's Inventory Turnover is relatively stable compared to the past year. As of 12/23/2024, Payables Turnover is likely to grow to 18.53, while Fixed Asset Turnover is likely to drop 18.69. . As of 12/23/2024, Common Stock Shares Outstanding is likely to grow to about 7.5 M. Also, Net Income Applicable To Common Shares is likely to grow to about 20.6 M.
On September 24, 2024 AMREP had Daily Balance Of Power of (0.94). Balance of Power indicator (or BOP) measures the strength of AMREP market sensitivity to bulls and bears. It estimates the ability of AMREP buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring AMREP Balance of Power indicator one can determine a trend of the price direction.
Check AMREP VolatilityBacktest AMREPTrend Details  

AMREP Trading Date Momentum

On September 25 2024 AMREP was traded for  30.60  at the closing time. Highest AMREP's price during the trading hours was 31.19  and the lowest price during the day was  30.32 . The net volume was 7.1 K. The overall trading history on the 25th of September contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.99% . The overall trading delta to current price is 2.31% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare AMREP to competition

Other Forecasting Options for AMREP

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

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

AMREP 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 AMREP'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 AMREP's current price.

AMREP Market Strength Events

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

AMREP Risk Indicators

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

Pair Trading with AMREP

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 AMREP 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 AMREP will appreciate offsetting losses from the drop in the long position's value.

Moving together with AMREP Stock

  0.88G Genpact LimitedPairCorr
  0.82BR Broadridge FinancialPairCorr

Moving against AMREP Stock

  0.79FC Franklin CoveyPairCorr
  0.72MG Mistras GroupPairCorr
  0.67VCIG VCI Global LimitedPairCorr
  0.66ESGL ESGL Holdings LimitedPairCorr
  0.65EXPO ExponentPairCorr
The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP 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 AMREP - 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 AMREP to buy it.
The correlation of AMREP 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 AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP 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 AMREP 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.
Pair CorrelationCorrelation Matching

Additional Tools for AMREP Stock Analysis

When running AMREP's price analysis, check to measure AMREP'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 AMREP is operating at the current time. Most of AMREP's value examination focuses on studying past and present price action to predict the probability of AMREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMREP's price. Additionally, you may evaluate how the addition of AMREP to your portfolios can decrease your overall portfolio volatility.