Hibbett Sports Stock Forecast - Daily Balance Of Power
| HIBBDelisted Stock | USD 87.49 0.00 0.00% |
Hibbett Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hibbett Sports stock prices and determine the direction of Hibbett Sports's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hibbett Sports' historical fundamentals, such as revenue growth or operating cash flow patterns.
Hibbett |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.9574 | (0.69) |
| Check Hibbett Sports Volatility | Backtest Hibbett Sports | Trend Details |
Hibbett Sports Trading Date Momentum
| On December 23 2022 Hibbett Sports was traded for 64.43 at the closing time. The top price for the day was 64.53 and the lowest listed price was 60.40 . The trading volume for the day was 227.6 K. The trading history from December 23, 2022 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 5.35% . The trading delta at closing time against the current closing price is 5.85% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Hibbett Sports 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 Hibbett Sports stock to make a market-neutral strategy. Peer analysis of Hibbett Sports could also be used in its relative valuation, which is a method of valuing Hibbett Sports by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hibbett Sports Market Strength Events
Market strength indicators help investors to evaluate how Hibbett Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hibbett Sports shares will generate the highest return on investment. By undertsting and applying Hibbett Sports stock market strength indicators, traders can identify Hibbett Sports entry and exit signals to maximize returns.
| Accumulation Distribution | 2.0E-4 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 87.49 | |||
| Day Typical Price | 87.49 | |||
| Market Facilitation Index | 0.02 | |||
| Relative Strength Index | 61.37 |
Hibbett Sports Risk Indicators
The analysis of Hibbett Sports' 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 Hibbett Sports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hibbett 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 | 0.6483 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.47 | |||
| Downside Variance | 0.0855 | |||
| Semi Variance | (0.31) | |||
| Expected Short fall | (0.67) |
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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Hibbett Stock
If you are still planning to invest in Hibbett Sports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hibbett Sports' history and understand the potential risks before investing.
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