Brookdale Senior Stock Forecast - Price Action Indicator
| BKD Stock | USD 6.60 0.12 1.85% |
Brookdale Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brookdale Senior stock prices and determine the direction of Brookdale Senior Living's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brookdale Senior's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Brookdale Senior's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Brookdale Senior's systematic risk associated with finding meaningful patterns of Brookdale Senior fundamentals over time.
Check out Historical Fundamental Analysis of Brookdale Senior to cross-verify your projections. Brookdale |
Open Interest Against 2024-05-17 Brookdale Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Brookdale Senior'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 Brookdale Senior's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Brookdale Senior 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 Brookdale Senior's open interest, investors have to compare it to Brookdale Senior'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 Brookdale Senior 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 Brookdale. 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 Brookdale Senior 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 Brookdale Senior's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Brookdale Senior's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.005 | 0.04 |
| Check Brookdale Senior Volatility | Backtest Brookdale Senior | Information Ratio |
Brookdale Senior Trading Date Momentum
| On April 23 2024 Brookdale Senior Living was traded for 6.60 at the closing time. Highest Brookdale Senior's price during the trading hours was 6.74 and the lowest price during the day was 6.50 . There was no trading activity during the period 0.0. Lack of trading volume on the 23rd of April did not affect price variability. The overall trading delta to current price is 0.76% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Brookdale Senior to competition |
Other Forecasting Options for Brookdale Senior
For every potential investor in Brookdale, whether a beginner or expert, Brookdale Senior's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brookdale Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brookdale. Basic forecasting techniques help filter out the noise by identifying Brookdale Senior's price trends.Brookdale Senior 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 Brookdale Senior stock to make a market-neutral strategy. Peer analysis of Brookdale Senior could also be used in its relative valuation, which is a method of valuing Brookdale Senior by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brookdale Senior Living 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 Brookdale Senior'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 Brookdale Senior's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Brookdale Senior Market Strength Events
Market strength indicators help investors to evaluate how Brookdale Senior stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookdale Senior shares will generate the highest return on investment. By undertsting and applying Brookdale Senior stock market strength indicators, traders can identify Brookdale Senior Living entry and exit signals to maximize returns.
Brookdale Senior Risk Indicators
The analysis of Brookdale Senior'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 Brookdale Senior's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brookdale 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 | 2.38 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.15 | |||
| Downside Variance | 9.04 | |||
| Semi Variance | 7.53 | |||
| Expected Short fall | (2.69) |
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 Brookdale Senior
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 Brookdale Senior 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 Brookdale Senior will appreciate offsetting losses from the drop in the long position's value.Moving against Brookdale Stock
| 0.72 | HCAT | Health Catalyst Financial Report 14th of May 2024 | PairCorr |
| 0.68 | SSY | SunLink Health Systems | PairCorr |
| 0.66 | FIGS | Figs Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.65 | DH | Definitive Healthcare Financial Report 2nd of May 2024 | PairCorr |
| 0.64 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Brookdale Senior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookdale Senior 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 Brookdale Senior - 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 Brookdale Senior Living to buy it.
The correlation of Brookdale Senior 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 Brookdale Senior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookdale Senior Living 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 Brookdale Senior 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 Brookdale Senior to cross-verify your projections. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Brookdale Stock analysis
When running Brookdale Senior's price analysis, check to measure Brookdale Senior'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 Brookdale Senior is operating at the current time. Most of Brookdale Senior's value examination focuses on studying past and present price action to predict the probability of Brookdale Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookdale Senior's price. Additionally, you may evaluate how the addition of Brookdale Senior to your portfolios can decrease your overall portfolio volatility.
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Is Brookdale Senior'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 Brookdale Senior. If investors know Brookdale 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 Brookdale Senior listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 12.732 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0029 | Return On Equity (0.38) |
The market value of Brookdale Senior Living is measured differently than its book value, which is the value of Brookdale that is recorded on the company's balance sheet. Investors also form their own opinion of Brookdale Senior's value that differs from its market value or its book value, called intrinsic value, which is Brookdale Senior'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 Brookdale Senior's market value can be influenced by many factors that don't directly affect Brookdale Senior'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 Brookdale Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookdale Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookdale Senior'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.