Hormel Foods Stock Forecast - Period Momentum Indicator
| HO7 Stock | EUR 31.67 0.31 0.97% |
Hormel Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Hormel Foods' historical fundamentals, such as revenue growth or operating cash flow patterns.
Hormel |
| Check Hormel Foods Volatility | Backtest Hormel Foods | Trend Details |
Hormel Foods Trading Date Momentum
| On December 06 2024 Hormel Foods was traded for 30.92 at the closing time. The highest daily price throughout the period was 31.18 and the lowest price was 30.84 . The daily volume was 1.1 K. The net trading volume on 12/06/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.15% . The trading delta at closing time to current closing price is 3.34% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Hormel Foods
For every potential investor in Hormel, whether a beginner or expert, Hormel Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hormel Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hormel. Basic forecasting techniques help filter out the noise by identifying Hormel Foods' price trends.Hormel Foods 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 Hormel Foods stock to make a market-neutral strategy. Peer analysis of Hormel Foods could also be used in its relative valuation, which is a method of valuing Hormel Foods by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hormel Foods 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 Hormel Foods' 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 Hormel Foods' current price.| Cycle Indicators | ||
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| Volume Indicators |
Hormel Foods Market Strength Events
Market strength indicators help investors to evaluate how Hormel Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hormel Foods shares will generate the highest return on investment. By undertsting and applying Hormel Foods stock market strength indicators, traders can identify Hormel Foods entry and exit signals to maximize returns.
Hormel Foods Risk Indicators
The analysis of Hormel Foods' 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 Hormel Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hormel 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 | 1.01 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.76 | |||
| Downside Variance | 1.71 | |||
| Semi Variance | 1.35 | |||
| Expected Short fall | (1.10) |
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.
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Additional Information and Resources on Investing in Hormel Stock
When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' 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 Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Hormel Foods to cross-verify your projections. For more detail on how to invest in Hormel Stock please use our How to Invest in Hormel Foods guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.