BWX Technologies Stock Forecast - Day Typical Price
| BWXT Stock | USD 95.77 1.22 1.26% |
BWX Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BWX Technologies stock prices and determine the direction of BWX Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BWX Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns. Although BWX Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BWX Technologies' systematic risk associated with finding meaningful patterns of BWX Technologies fundamentals over time.
Check out Historical Fundamental Analysis of BWX Technologies to cross-verify your projections. BWX |
Open Interest Against 2024-05-17 BWX Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast BWX Technologies' 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 BWX Technologies' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for BWX Technologies 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 BWX Technologies' open interest, investors have to compare it to BWX Technologies' 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 BWX Technologies 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 BWX. 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.
Most investors in BWX Technologies cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the BWX Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BWX Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 96.89 | 96.21 |
| Check BWX Technologies Volatility | Backtest BWX Technologies | Information Ratio |
BWX Technologies Trading Date Momentum
| On April 30 2024 BWX Technologies was traded for 95.77 at the closing time. The top price for the day was 97.30 and the lowest listed price was 95.55 . The trading volume for the day was 557 K. The trading history from April 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.00% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare BWX Technologies to competition |
Other Forecasting Options for BWX Technologies
For every potential investor in BWX, whether a beginner or expert, BWX Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BWX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BWX. Basic forecasting techniques help filter out the noise by identifying BWX Technologies' price trends.BWX Technologies 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 BWX Technologies stock to make a market-neutral strategy. Peer analysis of BWX Technologies could also be used in its relative valuation, which is a method of valuing BWX Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BWX Technologies 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 BWX Technologies' 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 BWX Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BWX Technologies Market Strength Events
Market strength indicators help investors to evaluate how BWX Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BWX Technologies shares will generate the highest return on investment. By undertsting and applying BWX Technologies stock market strength indicators, traders can identify BWX Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 10018.45 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 96.43 | |||
| Day Typical Price | 96.21 | |||
| Price Action Indicator | (1.27) | |||
| Period Momentum Indicator | (1.22) | |||
| Relative Strength Index | 33.09 |
BWX Technologies Risk Indicators
The analysis of BWX Technologies' 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 BWX Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bwx 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.
| Mean Deviation | 1.08 | |||
| Semi Deviation | 0.8319 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 | |||
| Downside Variance | 1.15 | |||
| Semi Variance | 0.692 | |||
| Expected Short fall | (1.31) |
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.
Pair Trading with BWX Technologies
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 BWX Technologies 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 BWX Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with BWX Stock
| 0.7 | CW | Curtiss Wright | PairCorr |
Moving against BWX Stock
| 0.83 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
| 0.79 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.74 | CVU | CPI Aerostructures | PairCorr |
| 0.46 | AZ | A2Z Smart Technologies | PairCorr |
| 0.43 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to BWX Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BWX Technologies 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 BWX Technologies - 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 BWX Technologies to buy it.
The correlation of BWX Technologies 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 BWX Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BWX Technologies 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 BWX Technologies 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.Check out Historical Fundamental Analysis of BWX Technologies to cross-verify your projections. For more information on how to buy BWX Stock please use our How to Invest in BWX Technologies guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for BWX Stock analysis
When running BWX Technologies' price analysis, check to measure BWX Technologies' 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 BWX Technologies is operating at the current time. Most of BWX Technologies' value examination focuses on studying past and present price action to predict the probability of BWX Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BWX Technologies' price. Additionally, you may evaluate how the addition of BWX Technologies to your portfolios can decrease your overall portfolio volatility.
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Is BWX Technologies' industry 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 BWX Technologies. If investors know BWX 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 BWX Technologies 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 0.529 | Dividend Share 0.92 | Earnings Share 2.68 | Revenue Per Share 27.247 | Quarterly Revenue Growth 0.162 |
The market value of BWX Technologies is measured differently than its book value, which is the value of BWX that is recorded on the company's balance sheet. Investors also form their own opinion of BWX Technologies' value that differs from its market value or its book value, called intrinsic value, which is BWX Technologies' 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 BWX Technologies' market value can be influenced by many factors that don't directly affect BWX Technologies' 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 BWX Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if BWX Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BWX Technologies' 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.