Altria (Germany) Statistic Functions Time Series Forecast

PHM7 Stock  EUR 51.23  0.30  0.58%   
Altria statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against Altria. Altria 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 statistic functions indicators. As with most other technical indicators, the Time Series Forecast function function is designed to identify and follow existing trends. Altria statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
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 Time Series Forecast uses simple linear regression to derive Altria Group best fit line over a given time period and plot it forward over user-defined time period.

Altria Technical Analysis Modules

Most technical analysis of Altria 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 Altria from various momentum indicators to cycle indicators. When you analyze Altria 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 Altria 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 Altria Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altria Group based on widely used predictive technical indicators. In general, we focus on analyzing Altria Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altria's daily price indicators and compare them against related drivers, such as statistic functions 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 Altria's intrinsic value. In addition to deriving basic predictive indicators for Altria, we also check how macroeconomic factors affect Altria price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
49.8651.2352.60
Details
Intrinsic
Valuation
LowRealHigh
49.2350.6051.97
Details
Naive
Forecast
LowNextHigh
50.0551.4252.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
50.4253.0455.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altria. Your research has to be compared to or analyzed against Altria's peers to derive any actionable benefits. When done correctly, Altria'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 Altria Group.

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

Altria Pair Trading

Altria Group Pair Trading Analysis

The ability to find closely correlated positions to Altria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altria 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 Altria - 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 Altria Group to buy it.
The correlation of Altria 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 Altria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altria Group 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 Altria 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 Information and Resources on Investing in Altria Stock

When determining whether Altria Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altria's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altria Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Altria Group Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Altria Group. 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.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Please note, there is a significant difference between Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.