Shimmick Common Stock Forecast - Daily Balance Of Power
| SHIM Stock | 3.01 0.21 7.50% |
Shimmick Stock Forecast is based on your current time horizon. Although Shimmick Common's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Shimmick Common's systematic risk associated with finding meaningful patterns of Shimmick Common fundamentals over time.
Shimmick |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7297 | (0.41) |
| Check Shimmick Common Volatility | Backtest Shimmick Common | Trend Details |
Shimmick Common Trading Date Momentum
| On December 04 2024 Shimmick Common was traded for 3.01 at the closing time. The top price for the day was 3.78 and the lowest listed price was 2.54 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 16.94% . |
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 Shimmick Common
For every potential investor in Shimmick, whether a beginner or expert, Shimmick Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shimmick Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shimmick. Basic forecasting techniques help filter out the noise by identifying Shimmick Common's price trends.Shimmick Common 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 Shimmick Common stock to make a market-neutral strategy. Peer analysis of Shimmick Common could also be used in its relative valuation, which is a method of valuing Shimmick Common by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shimmick Common 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 Shimmick Common'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 Shimmick Common's current price.| Cycle Indicators | ||
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| Volume Indicators |
Shimmick Common Market Strength Events
Market strength indicators help investors to evaluate how Shimmick Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shimmick Common shares will generate the highest return on investment. By undertsting and applying Shimmick Common stock market strength indicators, traders can identify Shimmick Common entry and exit signals to maximize returns.
Shimmick Common Risk Indicators
The analysis of Shimmick Common'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 Shimmick Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shimmick 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 | 4.02 | |||
| Semi Deviation | 4.93 | |||
| Standard Deviation | 5.54 | |||
| Variance | 30.71 | |||
| Downside Variance | 27.48 | |||
| Semi Variance | 24.29 | |||
| Expected Short fall | (4.47) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Shimmick Common to cross-verify your projections. To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 21.127 | Quarterly Revenue Growth (0.42) | Return On Assets (0.15) | Return On Equity (4.02) |
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.