Signet Jewelers Stock Forecast - Market Facilitation Index
| SIG Stock | USD 96.46 0.17 0.18% |
Signet Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Signet Jewelers stock prices and determine the direction of Signet Jewelers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Signet Jewelers' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Signet Jewelers' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Signet Jewelers' systematic risk associated with finding meaningful patterns of Signet Jewelers fundamentals over time.
Check out Historical Fundamental Analysis of Signet Jewelers to cross-verify your projections. Signet |
Open Interest Against 2024-04-19 Signet Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Signet Jewelers' 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 Signet Jewelers' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Signet Jewelers 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 Signet Jewelers' open interest, investors have to compare it to Signet Jewelers' 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 Signet Jewelers 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 Signet. 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 Signet Jewelers 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 Signet Jewelers' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Signet Jewelers' price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Signet Jewelers Volatility | Backtest Signet Jewelers | Information Ratio |
Signet Jewelers Trading Date Momentum
| On April 18 2024 Signet Jewelers was traded for 96.46 at the closing time. Highest Signet Jewelers's price during the trading hours was 98.93 and the lowest price during the day was 96.28 . There was no trading activity during the period 0.0. Lack of trading volume on the 18th of April 2024 did not result in any price rise and fall. The trading price change to current price is 1.82% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Signet Jewelers to competition |
Other Forecasting Options for Signet Jewelers
For every potential investor in Signet, whether a beginner or expert, Signet Jewelers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Signet Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Signet. Basic forecasting techniques help filter out the noise by identifying Signet Jewelers' price trends.Signet Jewelers 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 Signet Jewelers stock to make a market-neutral strategy. Peer analysis of Signet Jewelers could also be used in its relative valuation, which is a method of valuing Signet Jewelers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Signet Jewelers 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 Signet Jewelers' 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 Signet Jewelers' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Signet Jewelers Market Strength Events
Market strength indicators help investors to evaluate how Signet Jewelers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Signet Jewelers shares will generate the highest return on investment. By undertsting and applying Signet Jewelers stock market strength indicators, traders can identify Signet Jewelers entry and exit signals to maximize returns.
Signet Jewelers Risk Indicators
The analysis of Signet Jewelers' 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 Signet Jewelers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting signet 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 | 1.89 | |||
| Semi Deviation | 2.79 | |||
| Standard Deviation | 2.72 | |||
| Variance | 7.41 | |||
| Downside Variance | 8.35 | |||
| Semi Variance | 7.81 | |||
| Expected Short fall | (2.00) |
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.
Signet Jewelers Investors Sentiment
The influence of Signet Jewelers' 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 Signet. 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 Signet Jewelers' public news can be used to forecast risks associated with an investment in Signet. The trend in average sentiment can be used to explain how an investor holding Signet can time the market purely based on public headlines and social activities around Signet Jewelers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Signet Jewelers' 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 Signet Jewelers' 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 Signet Jewelers' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Signet Jewelers.
Signet Jewelers Implied Volatility | 78.36 |
Signet Jewelers' implied volatility exposes the market's sentiment of Signet Jewelers stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Signet Jewelers' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Signet Jewelers stock will not fluctuate a lot when Signet Jewelers' options are near their expiration.
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 Signet Jewelers 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, Signet Jewelers' short interest history, or implied volatility extrapolated from Signet Jewelers options trading.
Currently Active Assets on Macroaxis
When determining whether Signet Jewelers is a strong investment it is important to analyze Signet Jewelers' 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 Signet Jewelers' future performance. For an informed investment choice regarding Signet Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Signet Jewelers to cross-verify your projections. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Signet Stock analysis
When running Signet Jewelers' price analysis, check to measure Signet Jewelers' 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 Signet Jewelers is operating at the current time. Most of Signet Jewelers' value examination focuses on studying past and present price action to predict the probability of Signet Jewelers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signet Jewelers' price. Additionally, you may evaluate how the addition of Signet Jewelers to your portfolios can decrease your overall portfolio volatility.
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Is Signet Jewelers' 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 Signet Jewelers. If investors know Signet 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 Signet Jewelers 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 1.138 | Dividend Share 0.92 | Earnings Share 15.01 | Revenue Per Share 159.713 | Quarterly Revenue Growth (0.06) |
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' 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 Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' 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 Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.