URBAN OUTFITTERS Stock Forecast - Day Typical Price
| UOF Stock | 37.80 0.20 0.53% |
URBAN Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast URBAN OUTFITTERS stock prices and determine the direction of URBAN OUTFITTERS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of URBAN OUTFITTERS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of URBAN OUTFITTERS to cross-verify your projections. URBAN |
Most investors in URBAN OUTFITTERS 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 URBAN OUTFITTERS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets URBAN OUTFITTERS'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 |
| 37.93 | 37.93 |
| Check URBAN OUTFITTERS Volatility | Backtest URBAN OUTFITTERS | Information Ratio |
URBAN OUTFITTERS Trading Date Momentum
| On June 02 2024 URBAN OUTFITTERS was traded for 37.80 at the closing time. The highest price during the trading period was 38.20 and the lowest recorded bid was listed for 37.80 . There was no trading activity during the period 0.0. Lack of trading volume on June 2, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.06% . |
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 URBAN OUTFITTERS to competition |
Other Forecasting Options for URBAN OUTFITTERS
For every potential investor in URBAN, whether a beginner or expert, URBAN OUTFITTERS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. URBAN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in URBAN. Basic forecasting techniques help filter out the noise by identifying URBAN OUTFITTERS's price trends.URBAN OUTFITTERS 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 URBAN OUTFITTERS stock to make a market-neutral strategy. Peer analysis of URBAN OUTFITTERS could also be used in its relative valuation, which is a method of valuing URBAN OUTFITTERS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
URBAN OUTFITTERS 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 URBAN OUTFITTERS'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 URBAN OUTFITTERS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
URBAN OUTFITTERS Market Strength Events
Market strength indicators help investors to evaluate how URBAN OUTFITTERS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading URBAN OUTFITTERS shares will generate the highest return on investment. By undertsting and applying URBAN OUTFITTERS stock market strength indicators, traders can identify URBAN OUTFITTERS entry and exit signals to maximize returns.
URBAN OUTFITTERS Risk Indicators
The analysis of URBAN OUTFITTERS'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 URBAN OUTFITTERS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting urban 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 | 1.97 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.82 |
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 URBAN OUTFITTERS
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 URBAN OUTFITTERS 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 URBAN OUTFITTERS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to URBAN OUTFITTERS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace URBAN OUTFITTERS 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 URBAN OUTFITTERS - 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 URBAN OUTFITTERS to buy it.
The correlation of URBAN OUTFITTERS 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 URBAN OUTFITTERS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if URBAN OUTFITTERS 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 URBAN OUTFITTERS 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 URBAN OUTFITTERS to cross-verify your projections. For more information on how to buy URBAN Stock please use our How to Invest in URBAN OUTFITTERS guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for URBAN Stock analysis
When running URBAN OUTFITTERS's price analysis, check to measure URBAN OUTFITTERS'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 URBAN OUTFITTERS is operating at the current time. Most of URBAN OUTFITTERS's value examination focuses on studying past and present price action to predict the probability of URBAN OUTFITTERS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move URBAN OUTFITTERS's price. Additionally, you may evaluate how the addition of URBAN OUTFITTERS to your portfolios can decrease your overall portfolio volatility.
| 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 | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |