Amalgamated Bank Stock Momentum Indicators Directional Movement Index

AMAL Stock  USD 34.94  0.07  0.20%   
Amalgamated Bank momentum indicators tool provides the execution environment for running the Directional Movement Index indicator and other technical functions against Amalgamated Bank. Amalgamated Bank value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Amalgamated Bank are pattern recognition functions that provide distinct formation on Amalgamated Bank potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

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 Directional Movement Index is an indicator that is used in technical analysis to determine if Amalgamated Bank is trending in particular direction.

Amalgamated Bank Technical Analysis Modules

Most technical analysis of Amalgamated Bank 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 Amalgamated from various momentum indicators to cycle indicators. When you analyze Amalgamated charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Amalgamated Bank Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Amalgamated Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Amalgamated Bank based on widely used predictive technical indicators. In general, we focus on analyzing Amalgamated Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Amalgamated Bank's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Amalgamated Bank's intrinsic value. In addition to deriving basic predictive indicators for Amalgamated Bank, we also check how macroeconomic factors affect Amalgamated Bank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01910.01580.0150.0104
Price To Sales Ratio2.582.663.02.85
Hype
Prediction
LowEstimatedHigh
32.4334.9537.47
Details
Intrinsic
Valuation
LowRealHigh
26.0328.5538.43
Details
2 Analysts
Consensus
LowTargetHigh
20.6322.6725.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.860.870.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amalgamated Bank. Your research has to be compared to or analyzed against Amalgamated Bank's peers to derive any actionable benefits. When done correctly, Amalgamated Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Amalgamated Bank.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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Amalgamated Bank pair trading

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

Amalgamated Bank Pair Trading

Amalgamated Bank Pair Trading Analysis

The ability to find closely correlated positions to Amalgamated Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amalgamated Bank 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 Amalgamated Bank - 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 Amalgamated Bank to buy it.
The correlation of Amalgamated Bank 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 Amalgamated Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amalgamated Bank 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 Amalgamated Bank 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
When determining whether Amalgamated Bank is a strong investment it is important to analyze Amalgamated Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amalgamated Bank's future performance. For an informed investment choice regarding Amalgamated Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Regional Banks 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 Amalgamated Bank. If investors know Amalgamated 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 Amalgamated Bank 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
0.233
Dividend Share
0.44
Earnings Share
3.39
Revenue Per Share
9.928
Quarterly Revenue Growth
0.156
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank'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 Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank'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 Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.