Optical Cable Stock Forecast - Day Typical Price
| OCC Stock | USD 2.30 0.09 3.77% |
Optical Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Optical Cable stock prices and determine the direction of Optical Cable's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Optical Cable's historical fundamentals, such as revenue growth or operating cash flow patterns.
Optical |
| Previous Day Typical Price | Day Typical Price | Trend |
| 2.31 | 2.31 |
| Check Optical Cable Volatility | Backtest Optical Cable | Information Ratio |
Optical Cable Trading Date Momentum
| On November 26 2024 Optical Cable was traded for 2.30 at the closing time. Highest Optical Cable's price during the trading hours was 2.33 and the lowest price during the day was 2.30 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of November did not cause price change. The trading delta at closing time to current price is 1.30% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Optical Cable to competition |
Other Forecasting Options for Optical Cable
For every potential investor in Optical, whether a beginner or expert, Optical Cable's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Optical Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Optical. Basic forecasting techniques help filter out the noise by identifying Optical Cable's price trends.Optical Cable 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 Optical Cable stock to make a market-neutral strategy. Peer analysis of Optical Cable could also be used in its relative valuation, which is a method of valuing Optical Cable by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Optical Cable 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 Optical Cable'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 Optical Cable's current price.| Cycle Indicators | ||
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Optical Cable Market Strength Events
Market strength indicators help investors to evaluate how Optical Cable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Optical Cable shares will generate the highest return on investment. By undertsting and applying Optical Cable stock market strength indicators, traders can identify Optical Cable entry and exit signals to maximize returns.
Optical Cable Risk Indicators
The analysis of Optical Cable'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 Optical Cable's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting optical 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 | 1.87 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.42 |
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.When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable'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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:Check out Historical Fundamental Analysis of Optical Cable to cross-verify your projections. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Communications Equipment 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 Optical Cable. If investors know Optical 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 Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 8.284 | Quarterly Revenue Growth (0.04) | Return On Assets (0.08) | Return On Equity (0.25) |
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable'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 Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable'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 Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable'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.