Woolworths Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Woolworths Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Woolworths
On October 23, 2024 Woolworths Group Limited had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Woolworths Group is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Woolworths Group Limited to determine if accumulation or reduction is taking place in the market. This value is adjusted by Woolworths Group trading volume to give more weight to distributions with higher volume over lower volume.
On October 24 2024 Woolworths Group Limited was traded for 20.20 at the closing time. The highest daily price throughout the period was 20.20 and the lowest price was 20.20 . The daily volume was 500. The net trading volume on 10/24/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.00% . The trading price change to current closing price is 1.00% .
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
For every potential investor in Woolworths, whether a beginner or expert, Woolworths Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Woolworths Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Woolworths. Basic forecasting techniques help filter out the noise by identifying Woolworths Group's price trends.
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 Woolworths Group stock to make a market-neutral strategy. Peer analysis of Woolworths Group could also be used in its relative valuation, which is a method of valuing Woolworths Group by comparing valuation metrics with similar companies.
Woolworths Group 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 Woolworths Group'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 Woolworths Group's current price.
Market strength indicators help investors to evaluate how Woolworths Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Woolworths Group shares will generate the highest return on investment. By undertsting and applying Woolworths Group stock market strength indicators, traders can identify Woolworths Group Limited entry and exit signals to maximize returns.
The analysis of Woolworths Group'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 Woolworths Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting woolworths 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.
Other Information on Investing in Woolworths Stock
Woolworths Group financial ratios help investors to determine whether Woolworths 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 Woolworths with respect to the benefits of owning Woolworths Group security.