Coles Group has current Period Momentum Indicator of 0.07. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
On November 26 2024 Coles Group was traded for 18.16 at the closing time. The maximum traded price for the trading interval was 18.39 and the lowest daily price was 18.16 . There was no trading activity during the period 0.0. Lack of trading volume on 26th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.77% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
For every potential investor in Coles, whether a beginner or expert, Coles' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Coles Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Coles. Basic forecasting techniques help filter out the noise by identifying Coles' price trends.
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 Coles stock to make a market-neutral strategy. Peer analysis of Coles could also be used in its relative valuation, which is a method of valuing Coles by comparing valuation metrics with similar companies.
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 Coles' 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 Coles' current price.
Market strength indicators help investors to evaluate how Coles stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coles shares will generate the highest return on investment. By undertsting and applying Coles stock market strength indicators, traders can identify Coles Group entry and exit signals to maximize returns.
The analysis of Coles' 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 Coles' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coles 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.
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.
Thematic Opportunities
Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running Coles' price analysis, check to measure Coles' 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 Coles is operating at the current time. Most of Coles' value examination focuses on studying past and present price action to predict the probability of Coles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coles' price. Additionally, you may evaluate how the addition of Coles to your portfolios can decrease your overall portfolio volatility.