AP Forecast


Bullish Case: AP has been drastically oversold, now trading at just $0.91, -96.1% from 10 years ago. Historical return surfaces indicate potential for significant rebound likelihood, especially with mean-reversion over multi-year holdings.


Bearish Case: AP's continuous underperformance (-69.3% YoY) coupled with a bearish AI forecast (-1.13%) and flat recent price action suggest substantial downside risk. High volatility (implied at 500%) implies potential sharp declines.


Potential Outcomes:

1. Short-term price drop by 20% (70%).

2. Moderate rebound to $1.30 (20%).

3. Slight fluctuation around current price (10%). Historical data and implied volatility inform these probabilities.


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June 20, 2024


Ampco-Pittsburgh Forecast

AP      Ampco-Pittsburgh











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