Boyd Gaming Stock Forecast - Accumulation Distribution
| BYD Stock | USD 71.52 0.24 0.33% |
Boyd Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Boyd Gaming stock prices and determine the direction of Boyd Gaming's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Boyd Gaming's historical fundamentals, such as revenue growth or operating cash flow patterns.
Boyd |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 43894.21 | 23289.08 |
| Check Boyd Gaming Volatility | Backtest Boyd Gaming | Trend Details |
Boyd Gaming Trading Date Momentum
| On November 08 2024 Boyd Gaming was traded for 73.67 at the closing time. Highest Boyd Gaming's price during the trading hours was 73.75 and the lowest price during the day was 72.15 . The net volume was 961.1 K. The overall trading history on the 8th of November contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.78% . The overall trading delta to current price is 2.24% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Boyd Gaming to competition |
Other Forecasting Options for Boyd Gaming
For every potential investor in Boyd, whether a beginner or expert, Boyd Gaming's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Boyd Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Boyd. Basic forecasting techniques help filter out the noise by identifying Boyd Gaming's price trends.Boyd Gaming 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 Boyd Gaming stock to make a market-neutral strategy. Peer analysis of Boyd Gaming could also be used in its relative valuation, which is a method of valuing Boyd Gaming by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Boyd Gaming 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 Boyd Gaming'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 Boyd Gaming's current price.| Cycle Indicators | ||
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| Volume Indicators |
Boyd Gaming Market Strength Events
Market strength indicators help investors to evaluate how Boyd Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boyd Gaming shares will generate the highest return on investment. By undertsting and applying Boyd Gaming stock market strength indicators, traders can identify Boyd Gaming entry and exit signals to maximize returns.
| Accumulation Distribution | 10448.54 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 71.63 | |||
| Day Typical Price | 71.6 | |||
| Price Action Indicator | (0.24) | |||
| Period Momentum Indicator | (0.24) | |||
| Relative Strength Index | 64.58 |
Boyd Gaming Risk Indicators
The analysis of Boyd Gaming'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 Boyd Gaming's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting boyd 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 | 1.17 | |||
| Semi Deviation | 0.8039 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.69 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.6463 | |||
| Expected Short fall | (1.47) |
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 Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's 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 Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Boyd Gaming to cross-verify your projections. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Hotels, Restaurants & Leisure 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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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 0.065 | Dividend Share 0.67 | Earnings Share 5.26 | Revenue Per Share 40.123 | Quarterly Revenue Growth 0.064 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.