Full Truck Stock Forecast - Daily Balance Of Power
| YMM Stock | USD 8.37 0.04 0.48% |
Full Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Full Truck stock prices and determine the direction of Full Truck Alliance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Full Truck's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Full Truck's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Full Truck's systematic risk associated with finding meaningful patterns of Full Truck fundamentals over time.
Check out Historical Fundamental Analysis of Full Truck to cross-verify your projections. Full |
Open Interest Against 2024-05-17 Full Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Full Truck'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 Full Truck's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Full Truck 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 Full Truck's open interest, investors have to compare it to Full Truck'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 Full Truck 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 Full. 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 Full Truck 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 Full Truck's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Full Truck's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Full Truck Alliance market sensitivity to bulls and bears. It estimates the ability of Full Truck buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Full Truck Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2581 | 0.1429 |
| Check Full Truck Volatility | Backtest Full Truck | Information Ratio |
Full Truck Trading Date Momentum
| On April 25 2024 Full Truck Alliance was traded for 8.37 at the closing time. Highest Full Truck's price during the trading hours was 8.40 and the lowest price during the day was 8.12 . The net volume was 4.9 M. The overall trading history on the 25th of April did not affect price variability. The overall trading delta to current price is 1.43% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Full Truck to competition |
Other Forecasting Options for Full Truck
For every potential investor in Full, whether a beginner or expert, Full Truck's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Full Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Full. Basic forecasting techniques help filter out the noise by identifying Full Truck's price trends.Full Truck 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 Full Truck stock to make a market-neutral strategy. Peer analysis of Full Truck could also be used in its relative valuation, which is a method of valuing Full Truck by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Full Truck Alliance 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 Full Truck'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 Full Truck's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Full Truck Market Strength Events
Market strength indicators help investors to evaluate how Full Truck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Full Truck shares will generate the highest return on investment. By undertsting and applying Full Truck stock market strength indicators, traders can identify Full Truck Alliance entry and exit signals to maximize returns.
| Accumulation Distribution | 164392.0 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.26 | |||
| Day Typical Price | 8.3 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | 0.04 |
Full Truck Risk Indicators
The analysis of Full Truck'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 Full Truck's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting full 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 | 2.18 | |||
| Semi Deviation | 2.09 | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.81 | |||
| Downside Variance | 6.38 | |||
| Semi Variance | 4.38 | |||
| Expected Short fall | (2.65) |
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.
Full Truck Investors Sentiment
The influence of Full Truck's 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 Full. 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 Full Truck's public news can be used to forecast risks associated with an investment in Full. The trend in average sentiment can be used to explain how an investor holding Full can time the market purely based on public headlines and social activities around Full Truck Alliance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Full Truck's 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 Full Truck's 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 Full Truck's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Full Truck.
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 Full Truck 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, Full Truck's short interest history, or implied volatility extrapolated from Full Truck options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Full Truck Alliance is a strong investment it is important to analyze Full Truck's 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 Full Truck's future performance. For an informed investment choice regarding Full Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Full Truck to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Full Stock analysis
When running Full Truck's price analysis, check to measure Full Truck'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 Full Truck is operating at the current time. Most of Full Truck's value examination focuses on studying past and present price action to predict the probability of Full Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Full Truck's price. Additionally, you may evaluate how the addition of Full Truck to your portfolios can decrease your overall portfolio volatility.
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Is Full Truck'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 Full Truck. If investors know Full 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 Full Truck 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 1.187 | Earnings Share 0.28 | Revenue Per Share 7.992 | Quarterly Revenue Growth 0.253 | Return On Assets 0.0176 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck'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 Full Truck's market value can be influenced by many factors that don't directly affect Full Truck'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 Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck'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.