CoreCivic Stock Forecast - Period Momentum Indicator

CXW Stock  USD 22.01  0.21  0.96%   
CoreCivic Stock Forecast is based on your current time horizon.
  
At this time, CoreCivic's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 22.33 in 2024, whereas Receivables Turnover is likely to drop 5.06 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 147.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 92.7 M in 2024.
On November 22, 2024 CoreCivic had Period Momentum Indicator of 0.01. 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.
Check CoreCivic VolatilityBacktest CoreCivicTrend Details  

CoreCivic Trading Date Momentum

On November 23 2024 CoreCivic was traded for  22.01  at the closing time. Highest CoreCivic's price during the trading hours was 23.09  and the lowest price during the day was  21.41 . There was no trading activity during the period 0.0. Lack of trading volume on the 23rd of November did not affect price variability. The overall trading delta to current price is 0.05% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare CoreCivic to competition

Other Forecasting Options for CoreCivic

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

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

CoreCivic 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 CoreCivic'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 CoreCivic's current price.

CoreCivic Market Strength Events

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

CoreCivic Risk Indicators

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

Additional Tools for CoreCivic Stock Analysis

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