Tetra Tech Stock Forecast - Accumulation Distribution

TTEK Stock  USD 41.22  0.26  0.63%   
Tetra Stock Forecast is based on your current time horizon. Although Tetra Tech's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Tetra Tech's systematic risk associated with finding meaningful patterns of Tetra Tech fundamentals over time.
  
At this time, Tetra Tech's Inventory Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 68.49 this year, although the value of Payables Turnover will most likely fall to 16.10. . Common Stock Shares Outstanding is expected to rise to about 286.3 M this year. Net Income Applicable To Common Shares is expected to rise to about 317.7 M this year.
On September 25, 2024 Tetra Tech had Accumulation Distribution of 8520.64. The accumulation distribution (A/D) indicator shows the degree to which Tetra Tech is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Tetra Tech to determine if accumulation or reduction is taking place in the market. This value is adjusted by Tetra Tech trading volume to give more weight to distributions with higher volume over lower volume.
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Tetra Tech Trading Date Momentum

On September 26 2024 Tetra Tech was traded for  46.65  at the closing time. The top price for the day was 47.50  and the lowest listed price was  46.42 . The trading volume for the day was 1.9 M. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.10% . The trading price change against the current closing price is 1.63% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Tetra Tech

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

Tetra Tech 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 Tetra Tech stock to make a market-neutral strategy. Peer analysis of Tetra Tech could also be used in its relative valuation, which is a method of valuing Tetra Tech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Tetra Tech 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 Tetra Tech'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 Tetra Tech's current price.

Tetra Tech Market Strength Events

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

Tetra Tech Risk Indicators

The analysis of Tetra Tech'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 Tetra Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tetra 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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When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out Historical Fundamental Analysis of Tetra Tech to cross-verify your projections.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Environmental & Facilities Services 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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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
0.749
Earnings Share
1.23
Revenue Per Share
15.861
Quarterly Revenue Growth
0.082
Return On Assets
0.0765
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech'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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech'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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech'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.