Carrier GlobalCorp Stock Forecast - Day Median Price
| CARR Stock | USD 54.77 0.37 0.67% |
Carrier Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Carrier GlobalCorp stock prices and determine the direction of Carrier GlobalCorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Carrier GlobalCorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Carrier GlobalCorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Carrier GlobalCorp's systematic risk associated with finding meaningful patterns of Carrier GlobalCorp fundamentals over time.
Check out Historical Fundamental Analysis of Carrier GlobalCorp to cross-verify your projections. Carrier |
Open Interest Against 2024-05-17 Carrier Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Carrier GlobalCorp'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 Carrier GlobalCorp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Carrier GlobalCorp 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 Carrier GlobalCorp's open interest, investors have to compare it to Carrier GlobalCorp'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 Carrier GlobalCorp 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 Carrier. 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 Carrier GlobalCorp 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 Carrier GlobalCorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Carrier GlobalCorp's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 54.47 | 55.11 |
| Check Carrier GlobalCorp Volatility | Backtest Carrier GlobalCorp | Information Ratio |
Carrier GlobalCorp Trading Date Momentum
| On April 24 2024 Carrier GlobalCorp was traded for 54.77 at the closing time. The top price for the day was 55.94 and the lowest listed price was 54.27 . The trading volume for the day was 5.2 M. The trading history from April 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.88% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Carrier GlobalCorp
For every potential investor in Carrier, whether a beginner or expert, Carrier GlobalCorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carrier Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carrier. Basic forecasting techniques help filter out the noise by identifying Carrier GlobalCorp's price trends.Carrier GlobalCorp 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 Carrier GlobalCorp stock to make a market-neutral strategy. Peer analysis of Carrier GlobalCorp could also be used in its relative valuation, which is a method of valuing Carrier GlobalCorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Carrier GlobalCorp 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 Carrier GlobalCorp'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 Carrier GlobalCorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Carrier GlobalCorp Market Strength Events
Market strength indicators help investors to evaluate how Carrier GlobalCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carrier GlobalCorp shares will generate the highest return on investment. By undertsting and applying Carrier GlobalCorp stock market strength indicators, traders can identify Carrier GlobalCorp entry and exit signals to maximize returns.
| Accumulation Distribution | 154935.0 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 55.11 | |||
| Day Typical Price | 54.99 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (0.37) |
Carrier GlobalCorp Risk Indicators
The analysis of Carrier GlobalCorp'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 Carrier GlobalCorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carrier 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 | 1.36 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.85 |
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.
Carrier GlobalCorp Investors Sentiment
The influence of Carrier GlobalCorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carrier. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carrier GlobalCorp's public news can be used to forecast risks associated with an investment in Carrier. The trend in average sentiment can be used to explain how an investor holding Carrier can time the market purely based on public headlines and social activities around Carrier GlobalCorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carrier GlobalCorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carrier GlobalCorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carrier GlobalCorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carrier GlobalCorp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carrier GlobalCorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carrier GlobalCorp's short interest history, or implied volatility extrapolated from Carrier GlobalCorp options trading.
Pair Trading with Carrier GlobalCorp
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 Carrier GlobalCorp 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 Carrier GlobalCorp will appreciate offsetting losses from the drop in the long position's value.Moving against Carrier Stock
| 0.51 | AEHL | Antelope Enterprise Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Carrier GlobalCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier GlobalCorp 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 Carrier GlobalCorp - 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 Carrier GlobalCorp to buy it.
The correlation of Carrier GlobalCorp 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 Carrier GlobalCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier GlobalCorp 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 Carrier GlobalCorp 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 Carrier GlobalCorp to cross-verify your projections. To learn how to invest in Carrier Stock, please use our How to Invest in Carrier GlobalCorp guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Carrier Stock analysis
When running Carrier GlobalCorp's price analysis, check to measure Carrier GlobalCorp'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 Carrier GlobalCorp is operating at the current time. Most of Carrier GlobalCorp's value examination focuses on studying past and present price action to predict the probability of Carrier GlobalCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier GlobalCorp's price. Additionally, you may evaluate how the addition of Carrier GlobalCorp to your portfolios can decrease your overall portfolio volatility.
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Is Carrier GlobalCorp'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 Carrier GlobalCorp. If investors know Carrier 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 Carrier GlobalCorp 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 0.582 | Dividend Share 0.745 | Earnings Share 1.58 | Revenue Per Share 26.392 | Quarterly Revenue Growth (0) |
The market value of Carrier GlobalCorp is measured differently than its book value, which is the value of Carrier that is recorded on the company's balance sheet. Investors also form their own opinion of Carrier GlobalCorp's value that differs from its market value or its book value, called intrinsic value, which is Carrier GlobalCorp'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 Carrier GlobalCorp's market value can be influenced by many factors that don't directly affect Carrier GlobalCorp'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 Carrier GlobalCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrier GlobalCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrier GlobalCorp'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.