Geo Stock Forecast - Daily Balance Of Power
| GEO Stock | USD 27.94 0.74 2.58% |
Geo Stock Forecast is based on your current time horizon. Although Geo's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Geo's systematic risk associated with finding meaningful patterns of Geo fundamentals over time.
Geo |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.28) | (0.78) |
| Check Geo Volatility | Backtest Geo | Information Ratio |
Geo Trading Date Momentum
| On November 25 2024 Geo Group was traded for 27.94 at the closing time. Highest Geo's price during the trading hours was 28.89 and the lowest price during the day was 27.94 . The net volume was 2.9 M. The overall trading history on the 25th of November did not cause price change. The overall trading delta to current price is 2.36% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Geo to competition |
Other Forecasting Options for Geo
For every potential investor in Geo, whether a beginner or expert, Geo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Geo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Geo. Basic forecasting techniques help filter out the noise by identifying Geo's price trends.Geo 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 Geo stock to make a market-neutral strategy. Peer analysis of Geo could also be used in its relative valuation, which is a method of valuing Geo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Geo Group 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 Geo'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 Geo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Geo Market Strength Events
Market strength indicators help investors to evaluate how Geo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Geo shares will generate the highest return on investment. By undertsting and applying Geo stock market strength indicators, traders can identify Geo Group entry and exit signals to maximize returns.
| Accumulation Distribution | 96198.4 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 28.42 | |||
| Day Typical Price | 28.26 | |||
| Price Action Indicator | (0.84) | |||
| Period Momentum Indicator | (0.74) |
Geo Risk Indicators
The analysis of Geo'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 Geo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting geo 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 | 2.98 | |||
| Semi Deviation | 2.0 | |||
| Standard Deviation | 6.04 | |||
| Variance | 36.54 | |||
| Downside Variance | 7.72 | |||
| Semi Variance | 3.98 | |||
| Expected Short fall | (3.73) |
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.
Pair Trading with Geo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Geo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Geo will appreciate offsetting losses from the drop in the long position's value.Moving together with Geo Stock
Moving against Geo Stock
| 0.78 | CVEO | Civeo Corp | PairCorr |
| 0.67 | MMS | Maximus | PairCorr |
| 0.65 | PFMT | Performant Financial | PairCorr |
| 0.53 | FA | First Advantage Corp | PairCorr |
| 0.52 | WHLM | Wilhelmina | PairCorr |
The ability to find closely correlated positions to Geo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Geo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Geo Group to buy it.
The correlation of Geo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Geo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Geo to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commercial Services & Supplies 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 Geo. If investors know Geo 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 Geo 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 0.188 | Earnings Share 0.28 | Revenue Per Share 18.972 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0555 |
The market value of Geo Group is measured differently than its book value, which is the value of Geo that is recorded on the company's balance sheet. Investors also form their own opinion of Geo's value that differs from its market value or its book value, called intrinsic value, which is Geo'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 Geo's market value can be influenced by many factors that don't directly affect Geo'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 Geo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geo'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.