Mullen Automotive Stock Forecast - Rate Of Daily Change
| MULN Stock | USD 3.23 0.54 14.32% |
Mullen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Mullen Automotive stock prices and determine the direction of Mullen Automotive's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Mullen Automotive's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Mullen Automotive's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mullen Automotive's systematic risk associated with finding meaningful patterns of Mullen Automotive fundamentals over time.
Check out Historical Fundamental Analysis of Mullen Automotive to cross-verify your projections. Mullen |
Open Interest Against 2024-04-19 Mullen Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Mullen Automotive'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 Mullen Automotive's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Mullen Automotive stock based on available contracts left at the end of a trading day.
No Open InterestPlease note that to derive more accurate forecasting about market movement from the current Mullen Automotive's open interest, investors have to compare it to Mullen Automotive'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 Mullen Automotive 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 Mullen. 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 Mullen Automotive 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 Mullen Automotive's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Mullen Automotive's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Mullen Automotive.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.88 | 0.86 |
| Check Mullen Automotive Volatility | Backtest Mullen Automotive | Information Ratio |
Mullen Automotive Trading Date Momentum
| On April 16 2024 Mullen Automotive was traded for 3.23 at the closing time. The top price for the day was 3.73 and the lowest listed price was 3.19 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not cause price change. The trading delta at closing time against the current closing price is 13.62% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Mullen Automotive to competition |
Other Forecasting Options for Mullen Automotive
For every potential investor in Mullen, whether a beginner or expert, Mullen Automotive's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mullen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mullen. Basic forecasting techniques help filter out the noise by identifying Mullen Automotive's price trends.Mullen Automotive 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 Mullen Automotive stock to make a market-neutral strategy. Peer analysis of Mullen Automotive could also be used in its relative valuation, which is a method of valuing Mullen Automotive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mullen Automotive 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 Mullen Automotive'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 Mullen Automotive's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Mullen Automotive Market Strength Events
Market strength indicators help investors to evaluate how Mullen Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mullen Automotive shares will generate the highest return on investment. By undertsting and applying Mullen Automotive stock market strength indicators, traders can identify Mullen Automotive entry and exit signals to maximize returns.
Mullen Automotive Risk Indicators
The analysis of Mullen Automotive'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 Mullen Automotive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mullen 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 | 4.98 | |||
| Standard Deviation | 7.05 | |||
| Variance | 49.69 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Mullen Automotive to cross-verify your projections. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Mullen Automotive's price analysis, check to measure Mullen Automotive'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 Mullen Automotive is operating at the current time. Most of Mullen Automotive's value examination focuses on studying past and present price action to predict the probability of Mullen Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mullen Automotive's price. Additionally, you may evaluate how the addition of Mullen Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Mullen Automotive'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 Mullen Automotive. If investors know Mullen 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 Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -9.5 K | Revenue Per Share 0.229 | Return On Assets (0.42) | Return On Equity (4.73) |
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive'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 Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive'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 Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive'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.