Zurn Elkay Stock Forecast - Period Momentum Indicator

ZWS Stock  USD 39.35  0.54  1.39%   
Zurn Stock Forecast is based on your current time horizon.
  
At this time, Zurn Elkay's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 7.08 in 2024, whereas Payables Turnover is likely to drop 9.38 in 2024. . Common Stock Shares Outstanding is likely to gain to about 186.1 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 100 M in 2024.
Zurn Elkay Water has current Period Momentum Indicator of 0.54. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Zurn Elkay Trading Date Momentum

On November 21 2024 Zurn Elkay Water was traded for  39.35  at the closing time. Highest Zurn Elkay's price during the trading hours was 39.35  and the lowest price during the day was  38.61 . There was no trading activity during the period 0.0. Lack of trading volume on the 21st of November had no short-term effect on price fluctuation. The trading date delta to current price is 1.37% .
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 Zurn Elkay

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

Zurn Elkay 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 Zurn Elkay stock to make a market-neutral strategy. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics with similar companies.
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Zurn Elkay Water 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 Zurn Elkay'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 Zurn Elkay's current price.

Zurn Elkay Market Strength Events

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

Zurn Elkay Risk Indicators

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

Thematic Opportunities

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Additional Tools for Zurn Stock Analysis

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