Atmus Filtration Stock Forecast - Daily Balance Of Power

ATMU Stock   39.25  0.47  1.21%   
Atmus Stock Forecast is based on your current time horizon.
  
Asset Turnover is likely to gain to 1.79 in 2024, whereas Inventory Turnover is likely to drop 3.72 in 2024. . Common Stock Shares Outstanding is likely to gain to about 91.7 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 174.9 M in 2024.
On April 18, 2024 Atmus Filtration Technologies had Daily Balance Of Power of (0.98). Balance of Power indicator (or BOP) measures the strength of Atmus Filtration Technologies market sensitivity to bulls and bears. It estimates the ability of Atmus Filtration buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Atmus Filtration Balance of Power indicator one can determine a trend of the price direction.
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Atmus Filtration Trading Date Momentum

On April 19 2024 Atmus Filtration Technologies was traded for  30.78  at the closing time. The top price for the day was 31.58  and the lowest listed price was  30.45 . The trading volume for the day was 2 M. The trading history from April 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.71% . The overall trading delta against the current closing price is 0.77% .
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 Atmus Filtration

For every potential investor in Atmus, whether a beginner or expert, Atmus Filtration's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Atmus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Atmus. Basic forecasting techniques help filter out the noise by identifying Atmus Filtration's price trends.

Atmus Filtration 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 Atmus Filtration stock to make a market-neutral strategy. Peer analysis of Atmus Filtration could also be used in its relative valuation, which is a method of valuing Atmus Filtration by comparing valuation metrics with similar companies.
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Atmus Filtration Tec Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Atmus Filtration's 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 Atmus Filtration's current price.

Atmus Filtration Market Strength Events

Market strength indicators help investors to evaluate how Atmus Filtration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atmus Filtration shares will generate the highest return on investment. By undertsting and applying Atmus Filtration stock market strength indicators, traders can identify Atmus Filtration Technologies entry and exit signals to maximize returns.

Atmus Filtration Risk Indicators

The analysis of Atmus Filtration's 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 Atmus Filtration's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting atmus stock 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.
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.

Thematic Opportunities

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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.