CarMax Stock Forecast - Period Momentum Indicator
| XA4 Stock | EUR 80.88 1.22 1.53% |
CarMax Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CarMax's historical fundamentals, such as revenue growth or operating cash flow patterns.
CarMax |
| Check CarMax Volatility | Backtest CarMax | Information Ratio |
CarMax Trading Date Momentum
| On December 02 2024 CarMax Inc was traded for 80.88 at the closing time. The highest daily price throughout the period was 80.88 and the lowest price was 79.48 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 1.73% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for CarMax
For every potential investor in CarMax, whether a beginner or expert, CarMax's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CarMax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CarMax. Basic forecasting techniques help filter out the noise by identifying CarMax's price trends.CarMax 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 CarMax stock to make a market-neutral strategy. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CarMax Inc 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 CarMax'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 CarMax's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
CarMax Market Strength Events
Market strength indicators help investors to evaluate how CarMax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CarMax shares will generate the highest return on investment. By undertsting and applying CarMax stock market strength indicators, traders can identify CarMax Inc entry and exit signals to maximize returns.
CarMax Risk Indicators
The analysis of CarMax'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 CarMax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carmax 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 | 1.38 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.43 | |||
| Downside Variance | 2.86 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.56) |
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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Additional Information and Resources on Investing in CarMax Stock
When determining whether CarMax Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CarMax'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 Carmax Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carmax Inc Stock:Check out Historical Fundamental Analysis of CarMax to cross-verify your projections. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.