Alamo Group Stock Price Prediction
| ALG Stock | USD 199.50 0.98 0.49% |
Oversold Vs Overbought
50
Oversold | Overbought |
Alamo Group stock price prediction is an act of determining the future value of Alamo shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Alamo's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Alamo and does not consider all of the tangible or intangible factors available from Alamo's fundamental data. We analyze noise-free headlines and recent hype associated with Alamo Group, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Alamo's stock price prediction:Quarterly Earnings Growth 0.078 | EPS Estimate Next Quarter 3.25 | EPS Estimate Current Year 12.14 | EPS Estimate Next Year 13.39 | Wall Street Target Price 239.6 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Alamo based on different types of headlines from major news networks to social media. The Alamo stock price prediction module provides an analysis of price elasticity to changes in media outlook on Alamo over a specific investment horizon. Using Alamo hype-based prediction, you can estimate the value of Alamo Group from the perspective of Alamo response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Alamo using Alamo's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Alamo using crowd psychology based on the activity and movement of Alamo's stock price.
Alamo Short Interest
A significant increase or decrease in Alamo's short interest from the previous month could be a good indicator of investor sentiment towards Alamo. Short interest can provide insight into the potential direction of Alamo stock and how bullish or bearish investors feel about the market overall. An investor who is long Alamo may also wish to track short interest. As short interest increases, investors should be becoming more worried about Alamo and may potentially protect profits, hedge Alamo with its derivative instruments, or be ready for some potential downside.
200 Day MA 192.5428 | Short Percent 0.0248 | Short Ratio 3.09 | Shares Short Prior Month 193.8 K | 50 Day MA 209.9618 |
Alamo Group Hype to Price Pattern
Investor biases related to Alamo's public news can be used to forecast risks associated with an investment in Alamo. The trend in average sentiment can be used to explain how an investor holding Alamo can time the market purely based on public headlines and social activities around Alamo Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Alamo's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Alamo.
Alamo Implied Volatility | 37.64 |
Alamo's implied volatility exposes the market's sentiment of Alamo Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alamo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alamo stock will not fluctuate a lot when Alamo's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Alamo. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Alamo to buy its stock at a price that has no basis in reality. In that case, they are not buying Alamo because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Alamo after-hype prediction price | USD 198.69 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Alamo contract
Based on the Rule 16, the options market is currently suggesting that Alamo Group will have an average daily up or down price movement of about 2.35% per day over the life of the 2024-05-17 option contract. With Alamo trading at USD 199.5, that is roughly USD 4.69 . If you think that the market is fully incorporating Alamo's daily price movement you should consider acquiring Alamo Group options at the current volatility level of 37.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Alamo |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alamo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alamo After-Hype Price Prediction Density Analysis
As far as predicting the price of Alamo at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Alamo or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Alamo, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Alamo Estimiated After-Hype Price Volatility
In the context of predicting Alamo's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Alamo's historical news coverage. Alamo's after-hype downside and upside margins for the prediction period are 196.77 and 200.61, respectively. We have considered Alamo's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Alamo is very steady at this time. Analysis and calculation of next after-hype price of Alamo Group is based on 3 months time horizon.
Alamo Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Alamo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alamo backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Alamo, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 1.94 | 0.14 | 0.15 | 8 Events / Month | 5 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
199.50 | 198.69 | 0.09 |
|
Alamo Hype Timeline
On the 30th of April Alamo Group is traded for 199.50. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of -0.15. Alamo is expected to increase in value after the next headline, with the price projected to jump to 198.69 or above. The average volatility of media hype impact on the company the price is about 126.8%. The price rise on the next news is projected to be 0.09%, whereas the daily expected return is presently at -0.09%. The volatility of related hype on Alamo is about 113.45%, with the expected price after the next announcement by competition of 199.35. The company reported the last year's revenue of 1.69 B. Total Income to common stockholders was 136.16 M with profit before taxes, overhead, and interest of 376.52 M. Considering the 90-day investment horizon the next expected press release will be in about 8 days. Check out Alamo Basic Forecasting Models to cross-verify your projections.Alamo Related Hype Analysis
Having access to credible news sources related to Alamo's direct competition is more important than ever and may enhance your ability to predict Alamo's future price movements. Getting to know how Alamo's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Alamo may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGCO | AGCO Corporation | (1.42) | 11 per month | 0.00 | (0.09) | 2.11 | (2.61) | 6.27 | |
| CNHI | CNH Industrial NV | (0.32) | 10 per month | 0.00 | (0.07) | 2.73 | (2.55) | 12.76 | |
| DE | Deere Company | (8.49) | 10 per month | 1.36 | (0.04) | 2.12 | (1.67) | 7.35 | |
| LNN | Lindsay | (0.06) | 5 per month | 0.00 | (0.13) | 2.34 | (2.96) | 8.83 | |
| IDEX | Ideanomics | 0.04 | 10 per month | 6.22 | (0) | 9.68 | (7.78) | 87.18 | |
| LEV | Lion Electric Corp | (0.01) | 5 per month | 0.00 | (0.27) | 4.14 | (5.13) | 16.72 |
Alamo Additional Predictive Modules
Most predictive techniques to examine Alamo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Alamo using various technical indicators. When you analyze Alamo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Alamo Predictive Indicators
The successful prediction of Alamo stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Alamo Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Alamo based on analysis of Alamo hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Alamo's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Alamo's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003804 | 0.005083 | 0.004185 | 0.003976 | Price To Sales Ratio | 1.31 | 1.11 | 1.48 | 1.56 |
Story Coverage note for Alamo
The number of cover stories for Alamo depends on current market conditions and Alamo's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Alamo is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Alamo's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
Alamo Short Properties
Alamo's future price predictability will typically decrease when Alamo's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Alamo Group often depends not only on the future outlook of the potential Alamo'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. Alamo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12 M | |
| Cash And Short Term Investments | 51.9 M |
Check out Alamo Basic Forecasting Models to cross-verify your projections. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Alamo Stock analysis
When running Alamo's price analysis, check to measure Alamo'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 Alamo is operating at the current time. Most of Alamo's value examination focuses on studying past and present price action to predict the probability of Alamo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alamo's price. Additionally, you may evaluate how the addition of Alamo to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |
Is Alamo'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 Alamo. If investors know Alamo 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 Alamo 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 0.078 | Dividend Share 0.88 | Earnings Share 11.36 | Revenue Per Share 141.749 | Quarterly Revenue Growth 0.08 |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.