Performance Food Stock Forecast - Rate Of Daily Change
| PFGC Stock | USD 69.21 0.72 1.05% |
Performance Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Performance Food stock prices and determine the direction of Performance Food Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Performance Food's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Performance Food's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Performance Food's systematic risk associated with finding meaningful patterns of Performance Food fundamentals over time.
Check out Historical Fundamental Analysis of Performance Food to cross-verify your projections. Performance |
Open Interest Against 2024-05-17 Performance Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Performance Food's 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 Performance Food's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Performance Food 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 Performance Food's open interest, investors have to compare it to Performance Food's 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 Performance Food 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 Performance. 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 Performance Food 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 Performance Food's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Performance Food's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Performance Food.| Check Performance Food Volatility | Backtest Performance Food | Information Ratio |
Performance Food Trading Date Momentum
| On May 05 2024 Performance Food Group was traded for 69.21 at the closing time. The top price for the day was 69.62 and the lowest listed price was 68.60 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.25% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Performance Food to competition |
Other Forecasting Options for Performance Food
For every potential investor in Performance, whether a beginner or expert, Performance Food's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Performance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Performance. Basic forecasting techniques help filter out the noise by identifying Performance Food's price trends.Performance Food 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 Performance Food stock to make a market-neutral strategy. Peer analysis of Performance Food could also be used in its relative valuation, which is a method of valuing Performance Food by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Performance Food 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 Performance Food'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 Performance Food's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Performance Food Market Strength Events
Market strength indicators help investors to evaluate how Performance Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Performance Food shares will generate the highest return on investment. By undertsting and applying Performance Food stock market strength indicators, traders can identify Performance Food Group entry and exit signals to maximize returns.
Performance Food Risk Indicators
The analysis of Performance Food'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 Performance Food's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting performance 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 | 0.8948 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.55 |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Performance Food using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Performance Food to cross-verify your projections. Note that the Performance Food information on this page should be used as a complementary analysis to other Performance Food's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Performance Stock analysis
When running Performance Food's price analysis, check to measure Performance Food'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 Performance Food is operating at the current time. Most of Performance Food's value examination focuses on studying past and present price action to predict the probability of Performance Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Food's price. Additionally, you may evaluate how the addition of Performance Food to your portfolios can decrease your overall portfolio volatility.
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Is Performance Food's 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 Performance Food. If investors know Performance 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 Performance Food 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 0.087 | Earnings Share 2.74 | Revenue Per Share 349.326 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0409 |
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food'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 Performance Food's market value can be influenced by many factors that don't directly affect Performance Food'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 Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food'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.