Matco Foods Stock Forecast - Daily Balance Of Power
| MFL Stock | 27.31 1.91 6.54% |
Matco Stock Forecast is based on your current time horizon.
Matco |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.39) | 0.44 |
| Check Matco Foods Volatility | Backtest Matco Foods | Trend Details |
Matco Foods Trading Date Momentum
| On November 22 2024 Matco Foods was traded for 29.32 at the closing time. The highest price during the trading period was 32.50 and the lowest recorded bid was listed for 29.00 . The volume for the day was 146 K. This history from November 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 8.86% . The trading delta at closing time to the current price is 7.55% . |
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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Other Forecasting Options for Matco Foods
For every potential investor in Matco, whether a beginner or expert, Matco Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Matco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Matco. Basic forecasting techniques help filter out the noise by identifying Matco Foods' price trends.Matco 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 Matco Foods stock to make a market-neutral strategy. Peer analysis of Matco Foods could also be used in its relative valuation, which is a method of valuing Matco Foods by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Matco 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 Matco 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 Matco Foods' current price.| Cycle Indicators | ||
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| Volume Indicators |
Matco Foods Market Strength Events
Market strength indicators help investors to evaluate how Matco 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 Matco Foods shares will generate the highest return on investment. By undertsting and applying Matco Foods stock market strength indicators, traders can identify Matco Foods entry and exit signals to maximize returns.
| Accumulation Distribution | 11859.14 | |||
| Daily Balance Of Power | (0.72) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 28.42 | |||
| Day Typical Price | 28.05 | |||
| Price Action Indicator | (2.07) | |||
| Period Momentum Indicator | (1.91) |
Matco Foods Risk Indicators
The analysis of Matco 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 Matco Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting matco 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 | 1.92 | |||
| Semi Deviation | 2.39 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.06 | |||
| Downside Variance | 6.23 | |||
| Semi Variance | 5.71 | |||
| Expected Short fall | (2.12) |
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.
Pair Trading with Matco Foods
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matco Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matco Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with Matco Stock
Moving against Matco Stock
The ability to find closely correlated positions to Matco Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matco Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matco Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matco Foods to buy it.
The correlation of Matco Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matco Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matco Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matco Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Matco Stock Analysis
When running Matco Foods' price analysis, check to measure Matco Foods' 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 Matco Foods is operating at the current time. Most of Matco Foods' value examination focuses on studying past and present price action to predict the probability of Matco Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matco Foods' price. Additionally, you may evaluate how the addition of Matco Foods to your portfolios can decrease your overall portfolio volatility.