Alamo Group Stock Price on December 12, 2023

ALG Stock  USD 172.90  3.25  1.85%   
If you're considering investing in Alamo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alamo stands at 172.90, as last reported on the 11th of January 2025, with the highest price reaching 174.61 and the lowest price hitting 171.36 during the day. Alamo Group secures Sharpe Ratio (or Efficiency) of -0.0156, which signifies that the company had a -0.0156% return per unit of standard deviation over the last 3 months. Alamo Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alamo's risk adjusted performance of (0.01), and Mean Deviation of 1.31 to double-check the risk estimate we provide.
  
Alamo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0156

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alamo is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alamo by adding Alamo to a well-diversified portfolio.

Alamo Valuation on December 12, 2023

It is possible to determine the worth of Alamo on a given historical date. On December 12, 2023 Alamo was worth 191.19 at the beginning of the trading date compared to the closed value of 191.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alamo stock. Still, in general, we apply an absolute valuation method to find Alamo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alamo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alamo's related companies.
 Open High Low Close Volume
  191.07    191.99    189.00    191.04    47,069  
12/12/2023
  191.19    193.47    188.37    191.14    42,488  
  190.76    197.69    189.14    196.23    67,492  
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Open Value
191.19
184.98
Downside
191.14
Closing Value
197.40
Upside

Alamo Trading Date Momentum on December 12, 2023

On December 13 2023 Alamo Group was traded for  196.23  at the closing time. Highest Alamo's price during the trading hours was 197.69  and the lowest price during the day was  189.14 . The net volume was 67.5 K. The overall trading history on the 13th of December 2023 contributed to the next trading period price rise. The overall trading delta to the next next day price was 2.66% . The overall trading delta to current price is 8.96% .

Alamo Group Fundamentals Correlations and Trends

By evaluating Alamo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alamo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alamo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alamo Stock history

Alamo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alamo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alamo Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alamo stock prices may prove useful in developing a viable investing in Alamo
Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. The company was founded in 1955 and is headquartered in Seguin, Texas. Alamo operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 4275 people.

Alamo Stock Technical Analysis

Alamo 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 Alamo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alamo 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...

Price Boundaries

Alamo Period Price Range

Low
January 11, 2025
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High

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Alamo Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Alamo January 11, 2025 Market Strength

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

Alamo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alamo's price direction in advance. Along with the technical and fundamental analysis of Alamo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alamo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Alamo Stock analysis

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