Prestige Consumer Stock Forecast - Daily Balance Of Power

PBV Stock  EUR 78.50  1.00  1.26%   
Prestige Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Prestige Consumer's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 28, 2024 Prestige Consumer Healthcare had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Prestige Consumer Healthcare market sensitivity to bulls and bears. It estimates the ability of Prestige Consumer buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Prestige Consumer Balance of Power indicator one can determine a trend of the price direction.
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Prestige Consumer Trading Date Momentum

On July 01 2024 Prestige Consumer Healthcare was traded for  63.50  at the closing time. The highest daily price throughout the period was 65.00  and the lowest price was  63.50 . There was no trading activity during the period 3.0. Lack of trading volume on 07/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.31% . The trading delta at closing time to current closing price is 3.08% .
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 Prestige Consumer

For every potential investor in Prestige, whether a beginner or expert, Prestige Consumer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prestige Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prestige. Basic forecasting techniques help filter out the noise by identifying Prestige Consumer's price trends.

Prestige Consumer 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 Prestige Consumer stock to make a market-neutral strategy. Peer analysis of Prestige Consumer could also be used in its relative valuation, which is a method of valuing Prestige Consumer by comparing valuation metrics with similar companies.
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Prestige Consumer 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 Prestige Consumer'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 Prestige Consumer's current price.

Prestige Consumer Market Strength Events

Market strength indicators help investors to evaluate how Prestige Consumer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prestige Consumer shares will generate the highest return on investment. By undertsting and applying Prestige Consumer stock market strength indicators, traders can identify Prestige Consumer Healthcare entry and exit signals to maximize returns.

Prestige Consumer Risk Indicators

The analysis of Prestige Consumer'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 Prestige Consumer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prestige 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.
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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Other Information on Investing in Prestige Stock

Prestige Consumer financial ratios help investors to determine whether Prestige Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prestige with respect to the benefits of owning Prestige Consumer security.