Nomad Foods Stock Forecast - Rate Of Daily Change
NOMD Stock | USD 17.54 0.05 0.28% |
Nomad Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nomad Foods stock prices and determine the direction of Nomad Foods's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nomad Foods' historical fundamentals, such as revenue growth or operating cash flow patterns.
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Nomad Foods Trading Date Momentum
On November 22 2024 Nomad Foods was traded for 17.54 at the closing time. The top price for the day was 17.59 and the lowest listed price was 16.92 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.29% . |
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 Nomad Foods
For every potential investor in Nomad, whether a beginner or expert, Nomad Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nomad Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nomad. Basic forecasting techniques help filter out the noise by identifying Nomad Foods' price trends.Nomad Foods 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 Nomad Foods stock to make a market-neutral strategy. Peer analysis of Nomad Foods could also be used in its relative valuation, which is a method of valuing Nomad Foods by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Nomad Foods 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 Nomad Foods' 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 Nomad Foods' current price.Cycle Indicators | ||
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Nomad Foods Market Strength Events
Market strength indicators help investors to evaluate how Nomad Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nomad Foods shares will generate the highest return on investment. By undertsting and applying Nomad Foods stock market strength indicators, traders can identify Nomad Foods entry and exit signals to maximize returns.
Nomad Foods Risk Indicators
The analysis of Nomad Foods' 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 Nomad Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nomad 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 | 1.14 | |||
Standard Deviation | 1.49 | |||
Variance | 2.22 |
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.
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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.When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Nomad Foods to cross-verify your projections. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Packaged Foods & Meats 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 Nomad Foods. If investors know Nomad 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 Nomad Foods 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 0.536 | Earnings Share 1.31 | Revenue Per Share 18.544 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0392 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' 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 Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' 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 Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' 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.