Modine Manufacturing Stock Forecast - Daily Balance Of Power
| MMF Stock | EUR 72.14 9.24 11.35% |
Modine Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Modine Manufacturing's historical fundamentals, such as revenue growth or operating cash flow patterns.
Modine |
| Check Modine Manufacturing Volatility | Backtest Modine Manufacturing | Trend Details |
Modine Manufacturing Trading Date Momentum
| On December 16 2024 Modine Manufacturing was traded for 128.00 at the closing time. The highest daily price throughout the period was 128.45 and the lowest price was 125.10 . The daily volume was 484. The net trading volume on 12/16/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 4.70% . The trading delta at closing time to current closing price is 0.94% . |
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 Modine Manufacturing
For every potential investor in Modine, whether a beginner or expert, Modine Manufacturing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Modine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Modine. Basic forecasting techniques help filter out the noise by identifying Modine Manufacturing's price trends.Modine Manufacturing 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 Modine Manufacturing stock to make a market-neutral strategy. Peer analysis of Modine Manufacturing could also be used in its relative valuation, which is a method of valuing Modine Manufacturing by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Modine Manufacturing 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 Modine Manufacturing'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 Modine Manufacturing's current price.| Cycle Indicators | ||
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Modine Manufacturing Market Strength Events
Market strength indicators help investors to evaluate how Modine Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modine Manufacturing shares will generate the highest return on investment. By undertsting and applying Modine Manufacturing stock market strength indicators, traders can identify Modine Manufacturing entry and exit signals to maximize returns.
Modine Manufacturing Risk Indicators
The analysis of Modine Manufacturing'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 Modine Manufacturing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting modine 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 | 2.84 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.62 |
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 Modine Stock
When determining whether Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's 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 Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Modine Manufacturing to cross-verify your projections. For more detail on how to invest in Modine Stock please use our How to Invest in Modine Manufacturing guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.