Deckers Outdoor Stock Forecast - Day Typical Price
| DECK Stock | USD 815.38 1.01 0.12% |
Deckers Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Deckers Outdoor stock prices and determine the direction of Deckers Outdoor's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Deckers Outdoor's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Deckers Outdoor's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Deckers Outdoor's systematic risk associated with finding meaningful patterns of Deckers Outdoor fundamentals over time.
Check out Historical Fundamental Analysis of Deckers Outdoor to cross-verify your projections. Deckers |
Open Interest Against 2024-04-19 Deckers Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Deckers Outdoor'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 Deckers Outdoor's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Deckers Outdoor 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 Deckers Outdoor's open interest, investors have to compare it to Deckers Outdoor'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 Deckers Outdoor 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 Deckers. 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 Deckers Outdoor 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 Deckers Outdoor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Deckers Outdoor'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 |
| 813.77 | 820.34 |
| Check Deckers Outdoor Volatility | Backtest Deckers Outdoor | Information Ratio |
Deckers Outdoor Trading Date Momentum
| On April 15 2024 Deckers Outdoor was traded for 815.38 at the closing time. The top price for the day was 830.69 and the lowest listed price was 814.94 . The trading volume for the day was 481 K. The trading history from April 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.79% . |
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 Deckers Outdoor to competition |
Other Forecasting Options for Deckers Outdoor
For every potential investor in Deckers, whether a beginner or expert, Deckers Outdoor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Deckers Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Deckers. Basic forecasting techniques help filter out the noise by identifying Deckers Outdoor's price trends.Deckers Outdoor 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 Deckers Outdoor stock to make a market-neutral strategy. Peer analysis of Deckers Outdoor could also be used in its relative valuation, which is a method of valuing Deckers Outdoor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Deckers Outdoor 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 Deckers Outdoor'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 Deckers Outdoor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Deckers Outdoor Market Strength Events
Market strength indicators help investors to evaluate how Deckers Outdoor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deckers Outdoor shares will generate the highest return on investment. By undertsting and applying Deckers Outdoor stock market strength indicators, traders can identify Deckers Outdoor entry and exit signals to maximize returns.
| Accumulation Distribution | 9120.45 | |||
| Daily Balance Of Power | 0.0641 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 822.82 | |||
| Day Typical Price | 820.34 | |||
| Price Action Indicator | (6.93) | |||
| Period Momentum Indicator | 1.01 | |||
| Relative Strength Index | 47.22 |
Deckers Outdoor Risk Indicators
The analysis of Deckers Outdoor'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 Deckers Outdoor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deckers 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 | 1.5 | |||
| Semi Deviation | 1.87 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.21 | |||
| Downside Variance | 4.76 | |||
| Semi Variance | 3.48 | |||
| Expected Short fall | (1.59) |
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 Deckers Outdoor
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 Deckers Outdoor 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 Deckers Outdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Deckers Stock
| 0.89 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.63 | DOGZ | Dogness International Downward Rally | PairCorr |
Moving against Deckers Stock
| 0.85 | ESCA | Escalade Incorporated Financial Report 14th of May 2024 | PairCorr |
| 0.74 | VUZI | Vuzix Corp Cmn Financial Report 8th of May 2024 | PairCorr |
| 0.71 | DXYN | Dixie Group | PairCorr |
| 0.55 | VEEE | Twin Vee Powercats | PairCorr |
| 0.54 | VOXX | VOXX International Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Deckers Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deckers Outdoor 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 Deckers Outdoor - 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 Deckers Outdoor to buy it.
The correlation of Deckers Outdoor 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 Deckers Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deckers Outdoor 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 Deckers Outdoor 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 Deckers Outdoor to cross-verify your projections. For more information on how to buy Deckers Stock please use our How to buy in Deckers Stock guide.Note that the Deckers Outdoor information on this page should be used as a complementary analysis to other Deckers Outdoor'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Deckers Stock analysis
When running Deckers Outdoor's price analysis, check to measure Deckers Outdoor'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 Deckers Outdoor is operating at the current time. Most of Deckers Outdoor's value examination focuses on studying past and present price action to predict the probability of Deckers Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deckers Outdoor's price. Additionally, you may evaluate how the addition of Deckers Outdoor to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is Deckers Outdoor'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 Deckers Outdoor. If investors know Deckers 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 Deckers Outdoor 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 0.442 | Earnings Share 27.69 | Revenue Per Share 158.194 | Quarterly Revenue Growth 0.16 | Return On Assets 0.1808 |
The market value of Deckers Outdoor is measured differently than its book value, which is the value of Deckers that is recorded on the company's balance sheet. Investors also form their own opinion of Deckers Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Deckers Outdoor'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 Deckers Outdoor's market value can be influenced by many factors that don't directly affect Deckers Outdoor'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 Deckers Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deckers Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deckers Outdoor'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.