Topbuild Corp Stock Forecast - Market Risk Adjusted Performance
BLD Stock | USD 406.65 33.60 9.01% |
Topbuild Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Topbuild Corp stock prices and determine the direction of Topbuild Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Topbuild Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Topbuild Corp Trading Date Momentum
On November 25 2024 Topbuild Corp was traded for 406.65 at the closing time. Highest Topbuild Corp's price during the trading hours was 409.99 and the lowest price during the day was 382.33 . The net volume was 593.9 K. The overall trading history on the 25th of November did not result in any price rise and fall. The trading price change to current price is 5.79% . |
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Other Forecasting Options for Topbuild Corp
For every potential investor in Topbuild, whether a beginner or expert, Topbuild Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Topbuild Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Topbuild. Basic forecasting techniques help filter out the noise by identifying Topbuild Corp's price trends.Topbuild Corp 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 Topbuild Corp stock to make a market-neutral strategy. Peer analysis of Topbuild Corp could also be used in its relative valuation, which is a method of valuing Topbuild Corp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Topbuild Corp 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 Topbuild Corp'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 Topbuild Corp's current price.Cycle Indicators | ||
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Topbuild Corp Market Strength Events
Market strength indicators help investors to evaluate how Topbuild Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Topbuild Corp shares will generate the highest return on investment. By undertsting and applying Topbuild Corp stock market strength indicators, traders can identify Topbuild Corp entry and exit signals to maximize returns.
Accumulation Distribution | 40065.54 | |||
Daily Balance Of Power | 1.214751 | |||
Rate Of Daily Change | 1.09 | |||
Day Median Price | 396.16 | |||
Day Typical Price | 399.66 | |||
Price Action Indicator | 27.29 | |||
Period Momentum Indicator | 33.6 | |||
Relative Strength Index | 47.02 |
Topbuild Corp Risk Indicators
The analysis of Topbuild Corp'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 Topbuild Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting topbuild 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 | 1.67 | |||
Standard Deviation | 2.34 | |||
Variance | 5.46 |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Topbuild Corp is a strong investment it is important to analyze Topbuild Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Topbuild Corp's future performance. For an informed investment choice regarding Topbuild Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Topbuild Corp to cross-verify your projections. For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Household Durables space 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 Topbuild Corp. If investors know Topbuild 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 Topbuild Corp 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 0.072 | Earnings Share 19.77 | Revenue Per Share 170.633 | Quarterly Revenue Growth 0.036 | Return On Assets 0.1175 |
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp'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 Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp'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 Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp'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.