TrustCo Bank Stock Forecast - Rate Of Daily Change

TRST Stock  USD 37.24  0.32  0.85%   
TrustCo Stock Forecast is based on your current time horizon.
  
Fixed Asset Turnover is likely to gain to 4.70 in 2024. Asset Turnover is likely to gain to 0.04 in 2024. Common Stock Shares Outstanding is likely to drop to about 16.6 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 51.3 M in 2024.

Open Interest Against 2024-12-20 TrustCo Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast TrustCo Bank'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 TrustCo Bank's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for TrustCo Bank 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 TrustCo Bank's open interest, investors have to compare it to TrustCo Bank'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 TrustCo Bank 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 TrustCo. 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.
On November 29, 2024 TrustCo Bank Corp had Rate Of Daily Change of 0.99. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of TrustCo Bank.
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TrustCo Bank Trading Date Momentum

On December 02 2024 TrustCo Bank Corp was traded for  37.24  at the closing time. The top price for the day was 37.70  and the lowest listed price was  36.98 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.81% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for TrustCo Bank

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

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 Risk & Return  Correlation

TrustCo Bank Corp 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 TrustCo Bank'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 TrustCo Bank's current price.

TrustCo Bank Market Strength Events

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

TrustCo Bank Risk Indicators

The analysis of TrustCo Bank'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 TrustCo Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trustco 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.

Thematic Opportunities

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Additional Tools for TrustCo Stock Analysis

When running TrustCo Bank's price analysis, check to measure TrustCo Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.