Shenandoah Telecommunicatio Stock Forecast - Period Momentum Indicator
| SHEN Stock | USD 13.25 0.22 1.63% |
Shenandoah Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenandoah Telecommunicatio stock prices and determine the direction of Shenandoah Telecommunications Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenandoah Telecommunicatio's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Shenandoah Telecommunicatio's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Shenandoah Telecommunicatio's systematic risk associated with finding meaningful patterns of Shenandoah Telecommunicatio fundamentals over time.
Check out Historical Fundamental Analysis of Shenandoah Telecommunicatio to cross-verify your projections. Shenandoah |
Open Interest Against 2024-05-17 Shenandoah Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio's open interest, investors have to compare it to Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio 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 Shenandoah. 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 Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Shenandoah Telecommunicatio's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.22) | (0.22) |
| Check Shenandoah Telecommunicatio Volatility | Backtest Shenandoah Telecommunicatio | Information Ratio |
Shenandoah Telecommunicatio Trading Date Momentum
| On May 04 2024 Shenandoah Telecommunications Co was traded for 13.25 at the closing time. The top price for the day was 13.42 and the lowest listed price was 12.88 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.51% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Shenandoah Telecommunicatio to competition |
Other Forecasting Options for Shenandoah Telecommunicatio
For every potential investor in Shenandoah, whether a beginner or expert, Shenandoah Telecommunicatio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shenandoah Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shenandoah. Basic forecasting techniques help filter out the noise by identifying Shenandoah Telecommunicatio's price trends.Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio stock to make a market-neutral strategy. Peer analysis of Shenandoah Telecommunicatio could also be used in its relative valuation, which is a method of valuing Shenandoah Telecommunicatio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shenandoah Telecommunicatio Market Strength Events
Market strength indicators help investors to evaluate how Shenandoah Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenandoah Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Shenandoah Telecommunicatio stock market strength indicators, traders can identify Shenandoah Telecommunications Co entry and exit signals to maximize returns.
Shenandoah Telecommunicatio Risk Indicators
The analysis of Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenandoah 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 | 1.98 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.79 |
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.
Currently Active Assets on Macroaxis
| LAAC | Lithium Americas Corp | |
| F | Ford Motor | |
| CHPT | ChargePoint Holdings | |
| AXL | American Axle Manufacturing | |
| ICLN | iShares Global Clean |
Check out Historical Fundamental Analysis of Shenandoah Telecommunicatio to cross-verify your projections. Note that the Shenandoah Telecommunicatio information on this page should be used as a complementary analysis to other Shenandoah Telecommunicatio'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Shenandoah Stock analysis
When running Shenandoah Telecommunicatio's price analysis, check to measure Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio is operating at the current time. Most of Shenandoah Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Shenandoah Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenandoah Telecommunicatio's price. Additionally, you may evaluate how the addition of Shenandoah Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio. If investors know Shenandoah 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 Shenandoah Telecommunicatio 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 (0.98) | Dividend Share 0.09 | Earnings Share 0.16 | Revenue Per Share 5.702 | Quarterly Revenue Growth 0.036 |
The market value of Shenandoah Telecommunicatio is measured differently than its book value, which is the value of Shenandoah that is recorded on the company's balance sheet. Investors also form their own opinion of Shenandoah Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's market value can be influenced by many factors that don't directly affect Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenandoah Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenandoah Telecommunicatio'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.