Walgreens Boots Stock Forecast - Rate Of Daily Change

WBA Stock  USD 9.06  0.40  4.62%   
Walgreens Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Walgreens Boots stock prices and determine the direction of Walgreens Boots Alliance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Walgreens Boots' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Inventory Turnover is expected to grow to 15.29. The current year's Payables Turnover is expected to grow to 11.58. As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 804.3 M. The current year's Net Loss is expected to grow to about (3.4 B).
On November 22, 2024 Walgreens Boots Alliance had Rate Of Daily Change of 1.04. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Walgreens Boots.
Check Walgreens Boots VolatilityBacktest Walgreens BootsTrend Details  

Walgreens Boots Trading Date Momentum

On November 25 2024 Walgreens Boots Alliance was traded for  9.06  at the closing time. Highest Walgreens Boots's price during the trading hours was 9.15  and the lowest price during the day was  8.69 . The net volume was 29.6 M. The overall trading history on the 25th of November contributed to the next trading period price jump. The trading price change to the next next day price was 4.62% . The trading price change to current price is 0.92% .
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 Walgreens Boots

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

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

Walgreens Boots Alliance 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 Walgreens Boots' 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 Walgreens Boots' current price.

Walgreens Boots Market Strength Events

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

Walgreens Boots Risk Indicators

The analysis of Walgreens Boots' 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 Walgreens Boots' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting walgreens 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.

Also Currently Popular

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.
When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Historical Fundamental Analysis of Walgreens Boots to cross-verify your projections.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Consumer Staples Distribution & Retail 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
1.915
Dividend Share
1.23
Earnings Share
(10.01)
Revenue Per Share
171.079
Quarterly Revenue Growth
0.06
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.