Aluminum Stock Technical Analysis

ACH
 Stock
  

USD 8.97  0.10  1.10%   

As of the 8th of August, Aluminum Corp shows the risk adjusted performance of (0.11), and Mean Deviation of 2.61. Aluminum Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Aluminum Corp, which can be compared to its rivals. Please confirm Aluminum Corp treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Aluminum Corp is priced correctly, providing market reflects its regular price of 8.97 per share. Given that Aluminum Corp has jensen alpha of (0.26), we suggest you to validate Aluminum Corp's prevailing market performance to make sure the company can sustain itself at a future point.
  

Aluminum Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aluminum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Aluminum
Aluminum Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Aluminum Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Aluminum Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aluminum Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Aluminum Corp Technical Analysis

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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 Normalized Average True Range is used to analyze tradable apportunities for Aluminum Corp across different markets.
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Aluminum Corp Trend Analysis

Use this graph to draw trend lines for Aluminum Corp. You can use it to identify possible trend reversals for Aluminum Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Aluminum Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Aluminum Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aluminum Corp applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may imply that the returns on investment in Aluminum Corp will continue to fail. It has 122 observation points and a regression sum of squares at 41.86, which is the sum of squared deviations for the predicted Aluminum Corp price change compared to its average price change.

About Aluminum Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Aluminum Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Aluminum Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aluminum Corp stock first instead of the macroeconomic environment surrounding Aluminum Corp. By analyzing Aluminum Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Aluminum Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Aluminum Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 2022 (projected)
Book Value per Share91.7184.180.83
Asset Turnover0.941.391.3

Aluminum Corp August 8, 2022 Technical Indicators

Most technical analysis of Aluminum 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 Aluminum from various momentum indicators to cycle indicators. When you analyze Aluminum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Aluminum Corp August 8, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Aluminum stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. Note that the Aluminum Corp information on this page should be used as a complementary analysis to other Aluminum Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Aluminum Stock analysis

When running Aluminum Corp price analysis, check to measure Aluminum Corp'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 Aluminum Corp is operating at the current time. Most of Aluminum Corp's value examination focuses on studying past and present price action to predict the probability of Aluminum Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aluminum Corp's price. Additionally, you may evaluate how the addition of Aluminum Corp to your portfolios can decrease your overall portfolio volatility.
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Is Aluminum Corp's industry 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 Aluminum Corp. If investors know Aluminum 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 Aluminum Corp 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 YOY
0.66
Market Capitalization
10.2 B
Quarterly Revenue Growth YOY
0.44
Return On Assets
0.0613
Return On Equity
0.11
The market value of Aluminum Corp is measured differently than its book value, which is the value of Aluminum that is recorded on the company's balance sheet. Investors also form their own opinion of Aluminum Corp's value that differs from its market value or its book value, called intrinsic value, which is Aluminum Corp'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 Aluminum Corp's market value can be influenced by many factors that don't directly affect Aluminum Corp'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 Aluminum Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Aluminum Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aluminum Corp'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.