Alamos Gold Stock Momentum Indicators Momentum
AGI Stock | USD 18.45 0.07 0.38% |
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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 Momentum indicator shows the difference between current closing price of Alamos Gold and Alamos Gold close price N days ago.
Alamos Gold Technical Analysis Modules
Most technical analysis of Alamos Gold 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 Alamos from various momentum indicators to cycle indicators. When you analyze Alamos 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.Cycle Indicators | ||
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About Alamos Gold 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 Alamos Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alamos Gold based on widely used predictive technical indicators. In general, we focus on analyzing Alamos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alamos Gold'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 Alamos Gold's intrinsic value. In addition to deriving basic predictive indicators for Alamos Gold, we also check how macroeconomic factors affect Alamos Gold 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 Yield | 0.0113 | 0.008502 | 0.006626 | 0.0106 | Price To Sales Ratio | 3.67 | 4.83 | 5.21 | 4.95 |
Learn to be your own money manager
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.Did you try this?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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Alamos Gold 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 Alamos Gold 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Alamos Gold Pair Trading
Alamos Gold Pair Trading Analysis
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold 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 Alamos Gold - 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 Alamos Gold to buy it.
The correlation of Alamos Gold 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos Gold 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Metals & Mining 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 Alamos Gold. If investors know Alamos 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 Alamos Gold 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 1.011 | Dividend Share 0.1 | Earnings Share 0.6 | Revenue Per Share 3.047 | Quarterly Revenue Growth 0.409 |
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold'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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold'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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.