SAFETY MEDICAL Stock Forecast - Day Typical Price
| S8M Stock | EUR 0.39 0.01 2.50% |
SAFETY Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SAFETY MEDICAL stock prices and determine the direction of SAFETY MEDICAL PROD's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SAFETY MEDICAL's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of SAFETY MEDICAL to cross-verify your projections. SAFETY |
Most investors in SAFETY MEDICAL 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 SAFETY MEDICAL's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets SAFETY MEDICAL's 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 |
| 0.39 | 0.39 |
| Check SAFETY MEDICAL Volatility | Backtest SAFETY MEDICAL | Information Ratio |
SAFETY MEDICAL Trading Date Momentum
| On May 31 2024 SAFETY MEDICAL PROD was traded for 0.39 at the closing time. The maximum traded price for the trading interval was 0.39 and the lowest daily price was 0.39 . The daily volume was recorded at 1.5 K. The volume of trading on 31st of May 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
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 SAFETY MEDICAL to competition |
Other Forecasting Options for SAFETY MEDICAL
For every potential investor in SAFETY, whether a beginner or expert, SAFETY MEDICAL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SAFETY Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SAFETY. Basic forecasting techniques help filter out the noise by identifying SAFETY MEDICAL's price trends.SAFETY MEDICAL 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 SAFETY MEDICAL stock to make a market-neutral strategy. Peer analysis of SAFETY MEDICAL could also be used in its relative valuation, which is a method of valuing SAFETY MEDICAL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SAFETY MEDICAL PROD 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 SAFETY MEDICAL'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 SAFETY MEDICAL's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SAFETY MEDICAL Market Strength Events
Market strength indicators help investors to evaluate how SAFETY MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SAFETY MEDICAL shares will generate the highest return on investment. By undertsting and applying SAFETY MEDICAL stock market strength indicators, traders can identify SAFETY MEDICAL PROD entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.39 | |||
| Day Typical Price | 0.39 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
SAFETY MEDICAL Risk Indicators
The analysis of SAFETY MEDICAL'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 SAFETY MEDICAL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting safety 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 | 1.43 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.06 |
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.Check out Historical Fundamental Analysis of SAFETY MEDICAL to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for SAFETY Stock analysis
When running SAFETY MEDICAL's price analysis, check to measure SAFETY MEDICAL'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 SAFETY MEDICAL is operating at the current time. Most of SAFETY MEDICAL's value examination focuses on studying past and present price action to predict the probability of SAFETY MEDICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAFETY MEDICAL's price. Additionally, you may evaluate how the addition of SAFETY MEDICAL to your portfolios can decrease your overall portfolio volatility.
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