SPIRIT AIRLINES Stock Forecast - Daily Balance Of Power
| S64 Stock | EUR 0.96 0.00 0.00% |
SPIRIT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SPIRIT AIRLINES stock prices and determine the direction of SPIRIT AIRLINES's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SPIRIT AIRLINES's historical fundamentals, such as revenue growth or operating cash flow patterns.
SPIRIT |
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SPIRIT AIRLINES Trading Date Momentum
| On October 28 2024 SPIRIT AIRLINES was traded for 2.77 at the closing time. The maximum traded price for the trading interval was 2.77 and the lowest daily price was 2.55 . The daily volume was recorded at 200. The volume of trading on 28th of October 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 19.91% . The trading price change to the closing price today is 1.73% . |
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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SPIRIT AIRLINES 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 SPIRIT AIRLINES stock to make a market-neutral strategy. Peer analysis of SPIRIT AIRLINES could also be used in its relative valuation, which is a method of valuing SPIRIT AIRLINES by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SPIRIT AIRLINES Market Strength Events
Market strength indicators help investors to evaluate how SPIRIT AIRLINES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPIRIT AIRLINES shares will generate the highest return on investment. By undertsting and applying SPIRIT AIRLINES stock market strength indicators, traders can identify SPIRIT AIRLINES entry and exit signals to maximize returns.
SPIRIT AIRLINES Risk Indicators
The analysis of SPIRIT AIRLINES'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 SPIRIT AIRLINES's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting spirit 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 | 6.88 | |||
| Standard Deviation | 13.05 | |||
| Variance | 170.25 |
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.
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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.Other Information on Investing in SPIRIT Stock
SPIRIT AIRLINES financial ratios help investors to determine whether SPIRIT 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 SPIRIT with respect to the benefits of owning SPIRIT AIRLINES security.