Atmus Filtration Technologies Stock Probability of Future Stock Price Finishing Under 30.98

ATMU Stock   39.25  0.47  1.21%   
Atmus Filtration's future price is the expected price of Atmus Filtration instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Atmus Filtration Technologies performance during a given time horizon utilizing its historical volatility. Check out Atmus Filtration Backtesting, Atmus Filtration Valuation, Atmus Filtration Correlation, Atmus Filtration Hype Analysis, Atmus Filtration Volatility, Atmus Filtration History as well as Atmus Filtration Performance.
  
At this time, Atmus Filtration's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 13.41 in 2024, whereas Price Cash Flow Ratio is likely to drop 7.58 in 2024. Please specify Atmus Filtration's target price for which you would like Atmus Filtration odds to be computed.

Atmus Filtration Target Price Odds to finish below 30.98

The tendency of Atmus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to  30.98  or more in 90 days
 39.25 90 days 30.98 
near 1
Based on a normal probability distribution, the odds of Atmus Filtration to drop to  30.98  or more in 90 days from now is near 1 (This Atmus Filtration Technologies probability density function shows the probability of Atmus Stock to fall within a particular range of prices over 90 days) . Probability of Atmus Filtration Tec price to stay between  30.98  and its current price of 39.25 at the end of the 90-day period is about 32.63 .
Given the investment horizon of 90 days Atmus Filtration has a beta of 0.98. This suggests Atmus Filtration Technologies market returns are related to returns on the market. As the market goes up or down, Atmus Filtration is expected to follow. Additionally Atmus Filtration Technologies has an alpha of 0.0862, implying that it can generate a 0.0862 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Atmus Filtration Price Density   
       Price  

Predictive Modules for Atmus Filtration

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atmus Filtration Tec. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
37.5539.2941.03
Details
Intrinsic
Valuation
LowRealHigh
31.6733.4143.18
Details
7 Analysts
Consensus
LowTargetHigh
24.3926.8029.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.600.610.62
Details

Atmus Filtration Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Atmus Filtration is not an exception. The market had few large corrections towards the Atmus Filtration's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Atmus Filtration Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atmus Filtration within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.09
β
Beta against Dow Jones0.98
σ
Overall volatility
2.29
Ir
Information ratio 0.05

Atmus Filtration Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Atmus Filtration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atmus Filtration Tec can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 99.0% of the company shares are held by institutions such as insurance companies
On 13th of November 2024 Atmus Filtration paid 0.05 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: A Look At The Intrinsic Value Of Atmus Filtration Technologies Inc.

Atmus Filtration Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Atmus Stock often depends not only on the future outlook of the current and potential Atmus Filtration's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Atmus Filtration's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding83.4 M
Cash And Short Term Investments168 M

Atmus Filtration Technical Analysis

Atmus Filtration's future price can be derived by breaking down and analyzing its technical indicators over time. Atmus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atmus Filtration Technologies. In general, you should focus on analyzing Atmus Stock price patterns and their correlations with different microeconomic environments and drivers.

Atmus Filtration Predictive Forecast Models

Atmus Filtration's time-series forecasting models is one of many Atmus Filtration's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Atmus Filtration's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Atmus Filtration Tec

Checking the ongoing alerts about Atmus Filtration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atmus Filtration Tec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 99.0% of the company shares are held by institutions such as insurance companies
On 13th of November 2024 Atmus Filtration paid 0.05 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: A Look At The Intrinsic Value Of Atmus Filtration Technologies Inc.

Additional Tools for Atmus Stock Analysis

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