Altex Industries Pink Sheet Forecast - Daily Balance Of Power
| ALTX Stock | USD 0.27 0.03 12.50% |
Altex Pink Sheet Forecast is based on your current time horizon.
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| Check Altex Industries Volatility | Backtest Altex Industries | Trend Details |
Altex Industries Trading Date Momentum
| On May 09 2024 Altex Industries was traded for 0.24 at the closing time. The top price for the day was 0.24 and the lowest listed price was 0.24 . There was no trading activity during the period 1.0. Lack of trading volume on May 9, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Altex Industries
For every potential investor in Altex, whether a beginner or expert, Altex Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altex Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altex. Basic forecasting techniques help filter out the noise by identifying Altex Industries' price trends.Altex Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Altex Industries pink sheet to make a market-neutral strategy. Peer analysis of Altex Industries could also be used in its relative valuation, which is a method of valuing Altex Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Altex Industries Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Altex Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Altex Industries' current price.| Cycle Indicators | ||
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Altex Industries Market Strength Events
Market strength indicators help investors to evaluate how Altex Industries pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altex Industries shares will generate the highest return on investment. By undertsting and applying Altex Industries pink sheet market strength indicators, traders can identify Altex Industries entry and exit signals to maximize returns.
Altex Industries Risk Indicators
The analysis of Altex Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Altex Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altex pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.86 | |||
| Semi Deviation | 3.06 | |||
| Standard Deviation | 6.03 | |||
| Variance | 36.4 | |||
| Downside Variance | 115.75 | |||
| Semi Variance | 9.35 | |||
| Expected Short fall | (14.09) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Altex Pink Sheet Analysis
When running Altex Industries' price analysis, check to measure Altex Industries' 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 Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.