Pool Stock Forecast - Daily Balance Of Power
| POOL Stock | USD 375.66 0.56 0.15% |
Pool Stock Forecast is based on your current time horizon. Although Pool's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Pool's systematic risk associated with finding meaningful patterns of Pool fundamentals over time.
Pool |
Open Interest Against 2024-12-20 Pool Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Pool's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Pool's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Pool stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Pool's open interest, investors have to compare it to Pool's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Pool is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Pool. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.22) | 0.2869 |
| Check Pool Volatility | Backtest Pool | Trend Details |
Pool Trading Date Momentum
| On September 10 2024 Pool Corporation was traded for 345.23 at the closing time. The top price for the day was 347.37 and the lowest listed price was 342.71 . The trading volume for the day was 268.9 K. The trading history from September 10, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.02% . The trading delta at closing time against the current closing price is 3.10% . |
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.
| Compare Pool to competition |
Other Forecasting Options for Pool
For every potential investor in Pool, whether a beginner or expert, Pool's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pool Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pool. Basic forecasting techniques help filter out the noise by identifying Pool's price trends.Pool 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 Pool stock to make a market-neutral strategy. Peer analysis of Pool could also be used in its relative valuation, which is a method of valuing Pool by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pool 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 Pool'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 Pool's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pool Market Strength Events
Market strength indicators help investors to evaluate how Pool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pool shares will generate the highest return on investment. By undertsting and applying Pool stock market strength indicators, traders can identify Pool Corporation entry and exit signals to maximize returns.
| Accumulation Distribution | 4203.35 | |||
| Daily Balance Of Power | 0.1053 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 377.34 | |||
| Day Typical Price | 376.78 | |||
| Price Action Indicator | (1.40) | |||
| Period Momentum Indicator | 0.56 | |||
| Relative Strength Index | 57.83 |
Pool Risk Indicators
The analysis of Pool'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 Pool's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pool 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 | 1.21 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.54 | |||
| Downside Variance | 2.9 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (1.25) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Pool to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Distributors 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 Pool. If investors know Pool 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 Pool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 4.6 | Earnings Share 11.64 | Revenue Per Share 139.547 | Quarterly Revenue Growth (0.03) |
The market value of Pool is measured differently than its book value, which is the value of Pool that is recorded on the company's balance sheet. Investors also form their own opinion of Pool's value that differs from its market value or its book value, called intrinsic value, which is Pool'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 Pool's market value can be influenced by many factors that don't directly affect Pool'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 Pool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pool'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.