Firstcash Stock Momentum Indicators Plus Directional Movement

FCFS Stock  USD 102.97  2.23  2.12%   
FirstCash momentum indicators tool provides the execution environment for running the Plus Directional Movement indicator and other technical functions against FirstCash. FirstCash value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Plus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of FirstCash are pattern recognition functions that provide distinct formation on FirstCash potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Plus Directional Movement indicator shows the difference between two consecutive highs of FirstCash price series.

FirstCash Technical Analysis Modules

Most technical analysis of FirstCash help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for FirstCash from various momentum indicators to cycle indicators. When you analyze FirstCash charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About FirstCash Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FirstCash. We use our internally-developed statistical techniques to arrive at the intrinsic value of FirstCash based on widely used predictive technical indicators. In general, we focus on analyzing FirstCash Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FirstCash's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of FirstCash's intrinsic value. In addition to deriving basic predictive indicators for FirstCash, we also check how macroeconomic factors affect FirstCash price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2024 (projected)
Dividend Yield0.01550.01450.00888
Price To Sales Ratio1.81.52.99
Hype
Prediction
LowEstimatedHigh
101.76103.34104.92
Details
Intrinsic
Valuation
LowRealHigh
92.67109.98111.56
Details
6 Analysts
Consensus
LowTargetHigh
102.83113.00125.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.651.651.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FirstCash. Your research has to be compared to or analyzed against FirstCash's peers to derive any actionable benefits. When done correctly, FirstCash's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in FirstCash.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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FirstCash pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FirstCash position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FirstCash will appreciate offsetting losses from the drop in the long position's value.

FirstCash Pair Trading

FirstCash Pair Trading Analysis

The ability to find closely correlated positions to FirstCash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstCash when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FirstCash - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FirstCash to buy it.
The correlation of FirstCash is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FirstCash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstCash moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FirstCash can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for FirstCash Stock Analysis

When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.