Nordstrom Stock Forecast - Rate Of Daily Change
| J1WN34 Stock | 135.07 5.07 3.90% |
Nordstrom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nordstrom stock prices and determine the direction of Nordstrom's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nordstrom's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nordstrom |
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Nordstrom Trading Date Momentum
| On November 22 2024 Nordstrom was traded for 135.07 at the closing time. The highest price during the trading period was 135.72 and the lowest recorded bid was listed for 135.07 . The volume for the day was 6.0. This history from November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.48% . |
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 Nordstrom
For every potential investor in Nordstrom, whether a beginner or expert, Nordstrom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nordstrom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nordstrom. Basic forecasting techniques help filter out the noise by identifying Nordstrom's price trends.Nordstrom 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 Nordstrom stock to make a market-neutral strategy. Peer analysis of Nordstrom could also be used in its relative valuation, which is a method of valuing Nordstrom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nordstrom 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 Nordstrom'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 Nordstrom's current price.| Cycle Indicators | ||
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Nordstrom Market Strength Events
Market strength indicators help investors to evaluate how Nordstrom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordstrom shares will generate the highest return on investment. By undertsting and applying Nordstrom stock market strength indicators, traders can identify Nordstrom entry and exit signals to maximize returns.
Nordstrom Risk Indicators
The analysis of Nordstrom'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 Nordstrom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nordstrom 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 | 0.855 | |||
| Semi Deviation | 0.5727 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Downside Variance | 5.82 | |||
| Semi Variance | 0.328 | |||
| Expected Short fall | (7.29) |
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 Information and Resources on Investing in Nordstrom Stock
When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom'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 Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:Check out Historical Fundamental Analysis of Nordstrom to cross-verify your projections. For information on how to trade Nordstrom Stock refer to our How to Trade Nordstrom Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.