SPX Corp Stock Forecast - Day Typical Price

SPXC Stock  USD 176.01  3.46  2.01%   
SPX Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SPX Corp stock prices and determine the direction of SPX Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SPX Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, SPX Corp's Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 13.01, whereas Payables Turnover is forecasted to decline to 6.38. . The current year's Common Stock Shares Outstanding is expected to grow to about 51.4 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 171 K.
SPX Corp has current Day Typical Price of 175.19. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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SPX Corp Trading Date Momentum

On November 24 2024 SPX Corp was traded for  176.01  at the closing time. The top price for the day was 176.35  and the lowest listed price was  173.22 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.98% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for SPX Corp

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

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

SPX Corp 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 SPX Corp'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 SPX Corp's current price.

SPX Corp Market Strength Events

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

SPX Corp Risk Indicators

The analysis of SPX Corp'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 SPX Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spx 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.
When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp'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 Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:
Check out Historical Fundamental Analysis of SPX Corp to cross-verify your projections.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Industrial Machinery & Supplies & Components 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 SPX Corp. If investors know SPX 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 SPX Corp 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
0.218
Earnings Share
3.77
Revenue Per Share
41.721
Quarterly Revenue Growth
0.078
Return On Assets
0.074
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp'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 SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp'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 SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp'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.