American Shipping Stock Forecast - Day Median Price
| AMSC Stock | NOK 31.25 0.90 2.97% |
American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American Shipping stock prices and determine the direction of American Shipping's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American Shipping's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of American Shipping to cross-verify your projections. American |
Most investors in American Shipping cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the American Shipping's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American Shipping's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 30.05 | 30.2 |
| Check American Shipping Volatility | Backtest American Shipping | Information Ratio |
American Shipping Trading Date Momentum
| On April 29 2024 American Shipping was traded for 31.25 at the closing time. The highest price during the trading period was 31.35 and the lowest recorded bid was listed for 29.05 . The volume for the day was 95.7 K. This history from April 29, 2024 did not affect price variability. The overall trading delta to the current price is 7.04% . |
The median price is the midpoint of the trading periods range.
| Compare American Shipping to competition |
Other Forecasting Options for American Shipping
For every potential investor in American, whether a beginner or expert, American Shipping's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. American Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in American. Basic forecasting techniques help filter out the noise by identifying American Shipping's price trends.American Shipping 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 American Shipping stock to make a market-neutral strategy. Peer analysis of American Shipping could also be used in its relative valuation, which is a method of valuing American Shipping by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
American Shipping 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 American Shipping'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 American Shipping's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American Shipping Market Strength Events
Market strength indicators help investors to evaluate how American Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Shipping shares will generate the highest return on investment. By undertsting and applying American Shipping stock market strength indicators, traders can identify American Shipping entry and exit signals to maximize returns.
American Shipping Risk Indicators
The analysis of American Shipping'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 American Shipping's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.53 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.83 | |||
| Downside Variance | 2.86 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (1.63) |
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.
Pair Trading with American Shipping
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 American Shipping 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 American Shipping will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.81 | SNI | Stolt Nielsen Limited | PairCorr |
| 0.72 | BWLPG | BW LPG | PairCorr |
Moving against American Stock
| 0.64 | PYRUM | Pyrum Innovations | PairCorr |
The ability to find closely correlated positions to American Shipping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Shipping 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 American Shipping - 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 American Shipping to buy it.
The correlation of American Shipping 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 American Shipping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Shipping 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 American Shipping 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.Check out Historical Fundamental Analysis of American Shipping to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for American Stock analysis
When running American Shipping's price analysis, check to measure American Shipping'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 American Shipping is operating at the current time. Most of American Shipping's value examination focuses on studying past and present price action to predict the probability of American Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shipping's price. Additionally, you may evaluate how the addition of American Shipping to your portfolios can decrease your overall portfolio volatility.
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