Central Garden Stock Forecast - Price Action Indicator
| CENTA Stock | USD 32.89 0.85 2.65% |
Central Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Central Garden stock prices and determine the direction of Central Garden Pet's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Central Garden's historical fundamentals, such as revenue growth or operating cash flow patterns.
Central |
Open Interest Against 2024-12-20 Central Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Central Garden'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 Central Garden's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Central Garden 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 Central Garden's open interest, investors have to compare it to Central Garden'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 Central Garden 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 Central. 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.
| Check Central Garden Volatility | Backtest Central Garden | Information Ratio |
Central Garden Trading Date Momentum
| On November 21 2024 Central Garden Pet was traded for 32.89 at the closing time. The highest daily price throughout the period was 33.00 and the lowest price was 32.23 . The daily volume was 250.2 K. The net trading volume on 11/21/2024 did not affect price variability. The overall trading delta to current closing price is 1.73% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Central Garden
For every potential investor in Central, whether a beginner or expert, Central Garden's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Central Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Central. Basic forecasting techniques help filter out the noise by identifying Central Garden's price trends.Central Garden 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 Central Garden stock to make a market-neutral strategy. Peer analysis of Central Garden could also be used in its relative valuation, which is a method of valuing Central Garden by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Central Garden Pet 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 Central Garden'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 Central Garden's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Central Garden Market Strength Events
Market strength indicators help investors to evaluate how Central Garden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Central Garden shares will generate the highest return on investment. By undertsting and applying Central Garden stock market strength indicators, traders can identify Central Garden Pet entry and exit signals to maximize returns.
| Accumulation Distribution | 5837.25 | |||
| Daily Balance Of Power | 1.103896 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 32.61 | |||
| Day Typical Price | 32.71 | |||
| Price Action Indicator | 0.7 | |||
| Period Momentum Indicator | 0.85 |
Central Garden Risk Indicators
The analysis of Central Garden'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 Central Garden's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting central 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 | 1.25 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.5 |
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.
Also Currently Popular
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 Central Garden Pet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Garden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Central Garden Pet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Garden Pet Stock:Check out Historical Fundamental Analysis of Central Garden to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Household Products 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 Central Garden. If investors know Central 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 Central Garden 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 (0.05) | Earnings Share 2.17 | Revenue Per Share 62.57 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0446 |
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden'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 Central Garden's market value can be influenced by many factors that don't directly affect Central Garden'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 Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden'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.