Alta Equipment Stock Forward View - Simple Moving Average
| ALTG Stock | USD 6.14 0.02 0.33% |
Momentum
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.454 | EPS Estimate Next Quarter -0.47 | EPS Estimate Current Year -1.00 | EPS Estimate Next Year -0.60 | Wall Street Target Price 10.3 |
The summary frames Alta Equipment's price response to attention shifts and peer coverage. This module tracks sentiment for Alta Equipment using options positioning and short interest signals.
Alta Equipment Short Interest
Alta Equipment's short interest, when combined with volume and price trend analysis, helps investors assess whether selling pressure in Alta is likely to persist or abate.
200 Day MA 6.5201 | Short Percent 0.0417 | Short Ratio 4.23 | Shares Short Prior Month 1 M | 50 Day MA 6.508 |
Alta RSI Reading
The Simple Moving Average forecasted value of Alta Equipment Group on the next trading day is expected to be 6.14 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.81.News Attention and Price Pattern for Alta Equipment Group
Alta Equipment's market sentiment is a measurable proxy for investor optimism or fear. Monitoring changes in sentiment trend alongside price data gives early warning of potential reversals in Alta.
For Alta Equipment, sentiment-adjusted positioning means sizing exposure relative to how extreme the current market mood has become. High positive sentiment with elevated valuation is a classic signal to reduce risk.
Alta Equipment Implied Volatility | 1.68 |
For long-term investors in Alta Equipment, monitoring Alta Equipment's implied volatility helps assess whether hedging costs are reasonable and whether the options market is pricing in unusually high uncertainty.
The Simple Moving Average forecasted value of Alta Equipment Group on the next trading day is expected to be 6.14 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.81.Alta Equipment after-hype prediction price | $ 6.29 |
Sentiment metrics here complement forecasting and technical views with analyst and earnings context.
Historical Fundamental Analysis of Alta Equipment can be used to cross-verify projections for Alta Equipment. The historical view provides additional context.Alta Open Interest: 2026-04-17 Options
Open interest data for Alta Equipment reflects active contracts and can be read alongside price and volatility context.
Alta Equipment Additional Predictive Modules
Most predictive techniques to examine Alta price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Alta using various technical indicators. When you analyze Alta 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Simple Moving Average Price Forecast For the 17th of March 2026
Given 90 days horizon, the Simple Moving Average forecasted value of Alta Equipment Group on the next trading day is expected to be 6.14 with a mean absolute deviation of 0.20 , mean absolute percentage error of 0.07 , and the sum of the absolute errors of 11.81 .Please note that although there have been many attempts to predict Alta Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Alta Equipment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Alta Equipment | Alta Equipment Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Alta Equipment's predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 2.53 and upside near 9.75.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Alta Equipment stock data series using in forecasting. Note that when a statistical model is used to represent Alta Equipment stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 111.7747 |
| Bias | Arithmetic mean of the errors | -0.0284 |
| MAD | Mean absolute deviation | 0.2001 |
| MAPE | Mean absolute percentage error | 0.0315 |
| SAE | Sum of the absolute errors | 11.805 |
The degree to which Alta Equipment's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
After-Hype Price Density Analysis
The after-hype price distribution for Alta Equipment helps investors understand how much of Alta Equipment's predicted return comes from the central scenario versus tail outcomes. Strategies that rely on tail events for Alta Equipment are inherently more speculative.
Next price density |
| Expected price to next headline |
Estimiated After-Hype Price Volatility
Historical news patterns for Alta Equipment reveal how the market has historically digested different types of information about Alta Equipment's business and market environment. Alta Equipment's after-hype downside and upside margins for the prediction period are 2.68 and 9.90, respectively. The model extrapolates these patterns to estimate likely price boundaries following the next significant.
Current Value
The next after-hype price estimate for Alta Equipment Group is modeled on a 3 months horizon and is intended to show how price could normalize after sentiment pressure fades. This view is most useful when investors want to compare sentiment-driven price extension with a more measured post-news scenario.
Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Alta Equipment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alta Equipment 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 Alta Equipment, 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 |
0.31 | 3.61 | 0.15 | 0.02 | 8 Events | 7 Events | In 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
6.14 | 6.29 | 2.44 |
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Hype Timeline
Alta Equipment Group is presently traded for 6.14. The company has historical hype elasticity of 0.15, and average elasticity to hype of competition of 0.02. Alta is anticipated to increase in value after the next headline, with the price projected to jump to 6.29 or above. The average volatility of media hype impact on the company the price is over 100%. The price rise on the next news is projected to be 2.44%, whereas the daily expected return is presently at 0.31%. The volatility of related hype on Alta Equipment is about 6685.19%, with the expected price after the next announcement by competition of 6.16. Alta Equipment Group currently holds $1.17 B in liabilities with Debt to Equity (D/E) ratio of 5.38, indicating Alta Equipment Group may have difficulties to generate enough cash to satisfy its financial obligations. Given the investment horizon of 90 days the next anticipated press release will be in 8 days. Historical Fundamental Analysis of Alta Equipment can be used to cross-verify projections for Alta Equipment. The historical view provides additional context.Related Hype Analysis
Peer hype analysis helps investors build a more complete picture of Alta Equipment's competitive environment by quantifying the market's sensitivity to news across all major players in Alta Equipment's sector.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| POWW | Ammo Inc | -0.08 | 10 per month | 2.33 | 0.05 | 4.91 | -4.23 | 11.64 | |
| NVX | Novonix Ltd ADR | -0.01 | 7 per month | 0.00 | -0.06 | 7.92 | -6.45 | 33.61 | |
| SMHI | SEACOR Marine Holdings | -0.05 | 9 per month | 3.48 | 0.02 | 5.32 | -5.02 | 18.58 | |
| SKYX | SKYX Platforms Corp | -0.18 | 9 per month | 0.00 | -0.06 | 9.09 | -6.80 | 33.38 | |
| FCEL | FuelCell Energy | -0.33 | 11 per month | 0.00 | -0.02 | 11.76 | -10.26 | 35.51 | |
| PAMT | PAMT P | 0.82 | 5 per month | 0.00 | -0.03 | 7.44 | -6.07 | 21.69 | |
| SHMD | SCHMID Group NV | 0.57 | 7 per month | 6.64 | 0.1 | 16.73 | -11.48 | 48.50 | |
| CRGO | Freightos Limited Ordinary | 0.05 | 9 per month | 0.00 | -0.18 | 7.76 | -7.69 | 58.14 | |
| SPCE | Virgin Galactic Holdings | -0.12 | 11 per month | 0.00 | -0.19 | 6.00 | -6.79 | 16.26 | |
| ESOA | Energy Services | -0.13 | 9 per month | 2.30 | 0.15 | 5.01 | -4.57 | 39.92 |
Other Forecasting Options for Alta Equipment
The price trajectory of Alta is the primary concern for any investor assessing it as an opportunity. Alta Stock price charts are filled with noise that can easily mislead uninformed investment decisions.Alta Equipment Related Equities
The following equities are related to Alta Equipment within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Alta Equipment against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Alta Equipment Market Strength Events
Understanding the market strength of Alta Equipment stock enables investors to assess the security's momentum and responsiveness to broader market forces. These indicators are essential tools for timing trades in Alta Equipment Group with greater precision.
Alta Equipment Risk Indicators
Reviewing Alta Equipment's basic risk indicators is essential for investors who want to forecast its price and manage their investment risk effectively. This analysis helps identify the amount of risk involved in holding Alta Equipment's and informs decisions about hedging and position.
| Mean Deviation | 2.67 | |||
| Semi Deviation | 2.81 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.99 | |||
| Downside Variance | 10.03 | |||
| Semi Variance | 7.9 | |||
| Expected Short fall | -2.86 |
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.
Story Coverage note for Alta Equipment
Coverage intensity for Alta Equipment Group matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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Alta Equipment Short Properties
Short sentiment tied to Alta Equipment Group matters because heavier bearish pressure can change how quickly future price expectations become unstable. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 32.7 M | |
| Cash And Short Term Investments | 18.6 M |
More Resources for Alta Stock Analysis
A structured review of Alta Equipment Group often starts with core financial statements and trend context. Financial ratios provide a structured lens for assessing Alta Equipment's profitability and growth trends. Below are reports that help frame Alta Equipment Group Stock in context:Historical Fundamental Analysis of Alta Equipment can be used to cross-verify projections for Alta Equipment. The historical view provides additional context. At P/E 211.67 and ROE -2.33%, Alta Equipment analysis should be read alongside other portfolio and risk tools before adjusting capital allocation. Additional scrutiny through the profitability and balance-sheet tools is warranted. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Quarterly Earnings Growth 0.454 | Dividend Share 0.057 | Earnings Share -2.55 | Revenue Per Share | Quarterly Revenue Growth 0.022 |
Investors evaluate Alta Equipment Group using market value and book value, each describing different facets of the business. Alta Equipment's market capitalization is 197.47 M. Alta Equipment P/B of 78.81 reflects a market valuation far exceeding accounting equity. Enterprise value stands at 1.34 B. Intrinsic value reflects what Alta Equipment's fundamentals imply about worth, which may differ from both the trading price and the book figure. Analytical frameworks help reconcile those views.
Note that Alta Equipment's intrinsic value and market price are different measures derived from different inputs. For Alta Equipment, key inputs include a P/E ratio of 211.67, a P/B ratio of 78.81, a profit margin of -4.37%, and ROE of -2.33%. In practice, Alta Equipment price is set by the continuous auction process on its listing exchange.