AptarGroup Stock Forecast - Daily Balance Of Power
| ATR Stock | USD 175.50 0.20 0.11% |
AptarGroup Stock Forecast is based on your current time horizon. Although AptarGroup's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of AptarGroup's systematic risk associated with finding meaningful patterns of AptarGroup fundamentals over time.
AptarGroup |
Open Interest Against 2024-11-15 AptarGroup Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast AptarGroup's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in AptarGroup's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for AptarGroup stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current AptarGroup's open interest, investors have to compare it to AptarGroup's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of AptarGroup is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in AptarGroup. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.25) | 0.4974 |
| Check AptarGroup Volatility | Backtest AptarGroup | Trend Details |
AptarGroup Trading Date Momentum
| On September 20 2024 AptarGroup was traded for 155.49 at the closing time. Highest AptarGroup's price during the trading hours was 155.89 and the lowest price during the day was 154.07 . The net volume was 663.3 K. The overall trading history on the 20th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.63% . The overall trading delta to current price is 0.46% . |
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 AptarGroup
For every potential investor in AptarGroup, whether a beginner or expert, AptarGroup's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AptarGroup Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AptarGroup. Basic forecasting techniques help filter out the noise by identifying AptarGroup's price trends.AptarGroup 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 AptarGroup stock to make a market-neutral strategy. Peer analysis of AptarGroup could also be used in its relative valuation, which is a method of valuing AptarGroup by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AptarGroup 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 AptarGroup'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 AptarGroup's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AptarGroup Market Strength Events
Market strength indicators help investors to evaluate how AptarGroup stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AptarGroup shares will generate the highest return on investment. By undertsting and applying AptarGroup stock market strength indicators, traders can identify AptarGroup entry and exit signals to maximize returns.
| Accumulation Distribution | 1279.22 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 175.72 | |||
| Day Typical Price | 175.65 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (0.20) | |||
| Relative Strength Index | 69.35 |
AptarGroup Risk Indicators
The analysis of AptarGroup'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 AptarGroup's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aptargroup 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 | 0.6695 | |||
| Semi Deviation | 0.2468 | |||
| Standard Deviation | 0.9021 | |||
| Variance | 0.8138 | |||
| Downside Variance | 0.5865 | |||
| Semi Variance | 0.0609 | |||
| Expected Short fall | (0.80) |
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 AptarGroup
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 AptarGroup 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 AptarGroup will appreciate offsetting losses from the drop in the long position's value.Moving against AptarGroup Stock
| 0.87 | EVFM | Evofem Biosciences | PairCorr |
| 0.84 | NEPH | Nephros | PairCorr |
| 0.82 | ESMC | Escalon Medical Corp | PairCorr |
| 0.8 | EGRX | Eagle Pharmaceuticals | PairCorr |
| 0.79 | DYNT | Dynatronics | PairCorr |
The ability to find closely correlated positions to AptarGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AptarGroup 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 AptarGroup - 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 AptarGroup to buy it.
The correlation of AptarGroup 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 AptarGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AptarGroup 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 AptarGroup 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.Additional Tools for AptarGroup Stock Analysis
When running AptarGroup's price analysis, check to measure AptarGroup'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 AptarGroup is operating at the current time. Most of AptarGroup's value examination focuses on studying past and present price action to predict the probability of AptarGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AptarGroup's price. Additionally, you may evaluate how the addition of AptarGroup to your portfolios can decrease your overall portfolio volatility.