AECOM TECHNOLOGY Stock Forecast - Period Momentum Indicator
| E6Z Stock | EUR 87.50 0.50 0.57% |
AECOM Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AECOM TECHNOLOGY stock prices and determine the direction of AECOM TECHNOLOGY's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AECOM TECHNOLOGY's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of AECOM TECHNOLOGY to cross-verify your projections. AECOM |
Most investors in AECOM TECHNOLOGY 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 AECOM TECHNOLOGY's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AECOM TECHNOLOGY's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check AECOM TECHNOLOGY Volatility | Backtest AECOM TECHNOLOGY | Information Ratio |
AECOM TECHNOLOGY Trading Date Momentum
| On April 30 2024 AECOM TECHNOLOGY was traded for 87.50 at the closing time. The maximum traded price for the trading interval was 87.50 and the lowest daily price was 87.50 . The daily volume was recorded at 11.0. The volume of trading on 30th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare AECOM TECHNOLOGY to competition |
Other Forecasting Options for AECOM TECHNOLOGY
For every potential investor in AECOM, whether a beginner or expert, AECOM TECHNOLOGY's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AECOM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AECOM. Basic forecasting techniques help filter out the noise by identifying AECOM TECHNOLOGY's price trends.AECOM TECHNOLOGY 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 AECOM TECHNOLOGY stock to make a market-neutral strategy. Peer analysis of AECOM TECHNOLOGY could also be used in its relative valuation, which is a method of valuing AECOM TECHNOLOGY by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AECOM TECHNOLOGY 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 AECOM TECHNOLOGY'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 AECOM TECHNOLOGY's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AECOM TECHNOLOGY Market Strength Events
Market strength indicators help investors to evaluate how AECOM TECHNOLOGY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AECOM TECHNOLOGY shares will generate the highest return on investment. By undertsting and applying AECOM TECHNOLOGY stock market strength indicators, traders can identify AECOM TECHNOLOGY entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 87.5 | |||
| Day Typical Price | 87.5 | |||
| Price Action Indicator | 0.25 | |||
| Period Momentum Indicator | 0.5 | |||
| Relative Strength Index | 53.87 |
AECOM TECHNOLOGY Risk Indicators
The analysis of AECOM TECHNOLOGY'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 AECOM TECHNOLOGY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aecom 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 | 0.8349 | |||
| Semi Deviation | 0.8871 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 1.69 | |||
| Semi Variance | 0.787 | |||
| Expected Short fall | (1.04) |
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 AECOM TECHNOLOGY
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 AECOM TECHNOLOGY 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 AECOM TECHNOLOGY will appreciate offsetting losses from the drop in the long position's value.Moving together with AECOM Stock
| 0.68 | MSF | Microsoft | PairCorr |
Moving against AECOM Stock
| 0.72 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.64 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
| 0.63 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
| 0.63 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
| 0.62 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to AECOM TECHNOLOGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AECOM TECHNOLOGY 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 AECOM TECHNOLOGY - 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 AECOM TECHNOLOGY to buy it.
The correlation of AECOM TECHNOLOGY 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 AECOM TECHNOLOGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AECOM TECHNOLOGY 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 AECOM TECHNOLOGY 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 AECOM TECHNOLOGY to cross-verify your projections. For information on how to trade AECOM Stock refer to our How to Trade AECOM Stock guide.Note that the AECOM TECHNOLOGY information on this page should be used as a complementary analysis to other AECOM TECHNOLOGY'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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for AECOM Stock analysis
When running AECOM TECHNOLOGY's price analysis, check to measure AECOM TECHNOLOGY'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 AECOM TECHNOLOGY is operating at the current time. Most of AECOM TECHNOLOGY's value examination focuses on studying past and present price action to predict the probability of AECOM TECHNOLOGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AECOM TECHNOLOGY's price. Additionally, you may evaluate how the addition of AECOM TECHNOLOGY to your portfolios can decrease your overall portfolio volatility.
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