Commercial Vehicle Stock Forecast - Period Momentum Indicator
| CVGI Stock | USD 5.16 0.05 0.96% |
Commercial Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Commercial Vehicle's historical fundamentals, such as revenue growth or operating cash flow patterns.
Commercial |
Open Interest Against 2024-06-21 Commercial Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Commercial Vehicle'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 Commercial Vehicle's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Commercial Vehicle 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 Commercial Vehicle's open interest, investors have to compare it to Commercial Vehicle'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 Commercial Vehicle 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 Commercial. 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 Commercial Vehicle 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 Commercial Vehicle's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Commercial Vehicle'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 |
| (0.05) | (0.05) |
| Check Commercial Vehicle Volatility | Backtest Commercial Vehicle | Information Ratio |
Commercial Vehicle Trading Date Momentum
| On June 18 2024 Commercial Vehicle Group was traded for 5.16 at the closing time. The top price for the day was 5.36 and the lowest listed price was 5.14 . The trading volume for the day was 106.6 K. The trading history from June 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.39% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Commercial Vehicle to competition |
Other Forecasting Options for Commercial Vehicle
For every potential investor in Commercial, whether a beginner or expert, Commercial Vehicle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Commercial Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Commercial. Basic forecasting techniques help filter out the noise by identifying Commercial Vehicle's price trends.Commercial Vehicle 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 Commercial Vehicle stock to make a market-neutral strategy. Peer analysis of Commercial Vehicle could also be used in its relative valuation, which is a method of valuing Commercial Vehicle by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Commercial Vehicle 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 Commercial Vehicle'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 Commercial Vehicle's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Commercial Vehicle Market Strength Events
Market strength indicators help investors to evaluate how Commercial Vehicle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Commercial Vehicle shares will generate the highest return on investment. By undertsting and applying Commercial Vehicle stock market strength indicators, traders can identify Commercial Vehicle Group entry and exit signals to maximize returns.
Commercial Vehicle Risk Indicators
The analysis of Commercial Vehicle'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 Commercial Vehicle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting commercial 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 | 1.58 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.81 |
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
Additional Information and Resources on Investing in Commercial Stock
When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:Check out Historical Fundamental Analysis of Commercial Vehicle to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Construction Machinery & Heavy Transportation Equipment space 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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 (0.66) | Earnings Share 1.3 | Revenue Per Share 29.077 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0536 |
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.