Cintas Stock Forecast - Rate Of Daily Change

CTAS Stock  USD 226.47  2.57  1.15%   
Cintas Stock Forecast is based on your current time horizon.
  
At this time, Cintas' Payables Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 9.35 in 2024, whereas Inventory Turnover is likely to drop 7.89 in 2024. . Common Stock Shares Outstanding is likely to gain to about 434.1 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 1.6 B in 2024.
Cintas has current Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Cintas.
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Cintas Trading Date Momentum

On November 26 2024 Cintas was traded for  226.47  at the closing time. The top price for the day was 228.12  and the lowest listed price was  225.12 . The trading volume for the day was 1.4 M. The trading history from November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.52% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Cintas

For every potential investor in Cintas, whether a beginner or expert, Cintas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cintas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cintas. Basic forecasting techniques help filter out the noise by identifying Cintas' price trends.

Cintas 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 Cintas stock to make a market-neutral strategy. Peer analysis of Cintas could also be used in its relative valuation, which is a method of valuing Cintas by comparing valuation metrics with similar companies.
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Cintas 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 Cintas' 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 Cintas' current price.

Cintas Market Strength Events

Market strength indicators help investors to evaluate how Cintas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cintas shares will generate the highest return on investment. By undertsting and applying Cintas stock market strength indicators, traders can identify Cintas entry and exit signals to maximize returns.

Cintas Risk Indicators

The analysis of Cintas' 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 Cintas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cintas 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

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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.
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Additional Tools for Cintas Stock Analysis

When running Cintas' price analysis, check to measure Cintas' 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 Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.