PETCO Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of PETCO HEALTH's historical fundamentals, such as revenue growth or operating cash flow patterns.
PETCO
On November 29, 2024 PETCO HEALTH CLA had Day Median Price of 3.88. Median Price is the statistical median of an asset price for a given trading period.
On December 02 2024 PETCO HEALTH CLA was traded for 4.61 at the closing time. The highest daily price throughout the period was 4.61 and the lowest price was 3.87 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 21.96% . The trading delta at closing time to current closing price is 30.95% .
The median price is the midpoint of the trading periods range.
For every potential investor in PETCO, whether a beginner or expert, PETCO HEALTH's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PETCO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PETCO. Basic forecasting techniques help filter out the noise by identifying PETCO HEALTH's price trends.
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 PETCO HEALTH stock to make a market-neutral strategy. Peer analysis of PETCO HEALTH could also be used in its relative valuation, which is a method of valuing PETCO HEALTH by comparing valuation metrics with similar companies.
PETCO HEALTH CLA 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 PETCO HEALTH'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 PETCO HEALTH's current price.
Market strength indicators help investors to evaluate how PETCO HEALTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PETCO HEALTH shares will generate the highest return on investment. By undertsting and applying PETCO HEALTH stock market strength indicators, traders can identify PETCO HEALTH CLA entry and exit signals to maximize returns.
The analysis of PETCO HEALTH'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 PETCO HEALTH's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting petco 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.
PETCO HEALTH financial ratios help investors to determine whether PETCO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PETCO with respect to the benefits of owning PETCO HEALTH security.