Sherwin Williams Stock Forecast - Day Typical Price
| SHW Stock | USD 302.36 6.90 2.23% |
Sherwin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sherwin Williams stock prices and determine the direction of Sherwin Williams Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sherwin Williams' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sherwin Williams' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sherwin Williams' systematic risk associated with finding meaningful patterns of Sherwin Williams fundamentals over time.
Check out Historical Fundamental Analysis of Sherwin Williams to cross-verify your projections. Sherwin |
Open Interest Against 2024-05-17 Sherwin Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sherwin Williams' 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 Sherwin Williams' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sherwin Williams 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 Sherwin Williams' open interest, investors have to compare it to Sherwin Williams' 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 Sherwin Williams 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 Sherwin. 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 Sherwin Williams 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 Sherwin Williams' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sherwin Williams' 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 |
| 308.72 | 300.53 |
| Check Sherwin Williams Volatility | Backtest Sherwin Williams | Information Ratio |
Sherwin Williams Trading Date Momentum
| On April 23 2024 Sherwin Williams Co was traded for 302.36 at the closing time. Highest Sherwin Williams's price during the trading hours was 304.67 and the lowest price during the day was 294.55 . The net volume was 4.4 M. The overall trading history on the 23rd of April did not result in any price rise and fall. The trading price change to current price is 1.50% . |
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 Sherwin Williams to competition |
Other Forecasting Options for Sherwin Williams
For every potential investor in Sherwin, whether a beginner or expert, Sherwin Williams' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sherwin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sherwin. Basic forecasting techniques help filter out the noise by identifying Sherwin Williams' price trends.Sherwin Williams 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 Sherwin Williams stock to make a market-neutral strategy. Peer analysis of Sherwin Williams could also be used in its relative valuation, which is a method of valuing Sherwin Williams by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sherwin Williams 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 Sherwin Williams' 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 Sherwin Williams' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sherwin Williams Market Strength Events
Market strength indicators help investors to evaluate how Sherwin Williams stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sherwin Williams shares will generate the highest return on investment. By undertsting and applying Sherwin Williams stock market strength indicators, traders can identify Sherwin Williams Co entry and exit signals to maximize returns.
| Accumulation Distribution | 147031.0 | |||
| Daily Balance Of Power | (0.68) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 299.61 | |||
| Day Typical Price | 300.53 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | (6.90) | |||
| Relative Strength Index | 45.93 |
Sherwin Williams Risk Indicators
The analysis of Sherwin Williams' 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 Sherwin Williams' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sherwin 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 | 0.9336 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.4 | |||
| Downside Variance | 1.81 | |||
| Semi Variance | 1.67 | |||
| Expected Short fall | (0.90) |
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.
Sherwin Williams Investors Sentiment
The influence of Sherwin Williams' 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 Sherwin. 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 Sherwin Williams' public news can be used to forecast risks associated with an investment in Sherwin. The trend in average sentiment can be used to explain how an investor holding Sherwin can time the market purely based on public headlines and social activities around Sherwin Williams Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sherwin Williams' 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 Sherwin Williams' 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 Sherwin Williams' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sherwin Williams.
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 Sherwin Williams 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, Sherwin Williams' short interest history, or implied volatility extrapolated from Sherwin Williams options trading.
Currently Active Assets on Macroaxis
When determining whether Sherwin Williams is a strong investment it is important to analyze Sherwin Williams' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sherwin Williams' future performance. For an informed investment choice regarding Sherwin Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Sherwin Williams to cross-verify your projections. Note that the Sherwin Williams information on this page should be used as a complementary analysis to other Sherwin Williams' 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Sherwin Stock analysis
When running Sherwin Williams' price analysis, check to measure Sherwin Williams' 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 Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to predict the probability of Sherwin Williams' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherwin Williams' price. Additionally, you may evaluate how the addition of Sherwin Williams to your portfolios can decrease your overall portfolio volatility.
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Is Sherwin Williams' 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 Sherwin Williams. If investors know Sherwin 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 Sherwin Williams 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 (0.07) | Dividend Share 2.42 | Earnings Share 9.25 | Revenue Per Share 90.258 | Quarterly Revenue Growth 0.004 |
The market value of Sherwin Williams is measured differently than its book value, which is the value of Sherwin that is recorded on the company's balance sheet. Investors also form their own opinion of Sherwin Williams' value that differs from its market value or its book value, called intrinsic value, which is Sherwin Williams' 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 Sherwin Williams' market value can be influenced by many factors that don't directly affect Sherwin Williams' 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 Sherwin Williams' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sherwin Williams is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sherwin Williams' 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.