Group 1 Stock Forecast - Day Median Price
| GPI Stock | USD 421.14 12.48 3.05% |
Group Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Group 1's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Open Interest Against 2024-12-20 Group Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Group 1's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Group 1's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Group 1 stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Group 1's open interest, investors have to compare it to Group 1's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Group 1 is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Group. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Day Median Price | Day Median Price | Trend |
| 405.83 | 417.99 |
| Check Group 1 Volatility | Backtest Group 1 | Information Ratio |
Group 1 Trading Date Momentum
| On November 22 2024 Group 1 Automotive was traded for 421.14 at the closing time. Highest Group 1's price during the trading hours was 422.92 and the lowest price during the day was 413.06 . The net volume was 85.9 K. The overall trading history on the 22nd of November did not cause price change. The overall trading delta to current price is 1.92% . |
The median price is the midpoint of the trading periods range.
| Compare Group 1 to competition |
Other Forecasting Options for Group 1
For every potential investor in Group, whether a beginner or expert, Group 1's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Group Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Group. Basic forecasting techniques help filter out the noise by identifying Group 1's price trends.Group 1 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 Group 1 stock to make a market-neutral strategy. Peer analysis of Group 1 could also be used in its relative valuation, which is a method of valuing Group 1 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Group 1 Automotive 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 Group 1'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 Group 1's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Group 1 Market Strength Events
Market strength indicators help investors to evaluate how Group 1 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Group 1 shares will generate the highest return on investment. By undertsting and applying Group 1 stock market strength indicators, traders can identify Group 1 Automotive entry and exit signals to maximize returns.
| Accumulation Distribution | 2002.49 | |||
| Daily Balance Of Power | 1.26572 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 417.99 | |||
| Day Typical Price | 419.04 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 9.39 | |||
| Period Momentum Indicator | 12.48 |
Group 1 Risk Indicators
The analysis of Group 1'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 Group 1's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting group 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 | 1.59 | |||
| Semi Deviation | 1.5 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.77 | |||
| Downside Variance | 3.07 | |||
| Semi Variance | 2.26 | |||
| Expected Short fall | (1.79) |
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.
Currently Active Assets on Macroaxis
When determining whether Group 1 Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Group 1'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 Group 1 Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Group 1 Automotive Stock:Check out Historical Fundamental Analysis of Group 1 to cross-verify your projections. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Automotive Retail 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 Group 1. If investors know Group 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 Group 1 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 (0.25) | Dividend Share 0.47 | Earnings Share 37.56 | Revenue Per Share 1.4 K | Quarterly Revenue Growth 0.11 |
The market value of Group 1 Automotive is measured differently than its book value, which is the value of Group that is recorded on the company's balance sheet. Investors also form their own opinion of Group 1's value that differs from its market value or its book value, called intrinsic value, which is Group 1'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 Group 1's market value can be influenced by many factors that don't directly affect Group 1'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 Group 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Group 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Group 1'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.