Hologic Stock Forecast - Coefficient Of Variation

HOLX Stock  USD 79.50  0.06  0.08%   
Hologic Stock Forecast is based on your current time horizon.
  
At this time, Hologic's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 11.18 in 2024, whereas Receivables Turnover is likely to drop 6.44 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 550.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 170.5 M in 2024.
Hologic has current Coefficient Of Variation of 0.
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Hologic Trading Date Momentum

On November 29 2024 Hologic was traded for  79.50  at the closing time. The top price for the day was 79.71  and the lowest listed price was  79.19 . The trading volume for the day was 954.5 K. The trading history from November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.13% .
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Other Forecasting Options for Hologic

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

Hologic 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 Hologic stock to make a market-neutral strategy. Peer analysis of Hologic could also be used in its relative valuation, which is a method of valuing Hologic by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hologic 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 Hologic'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 Hologic's current price.

Hologic Market Strength Events

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

Hologic Risk Indicators

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

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.

Additional Tools for Hologic Stock Analysis

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