CECO Environmental Stock Forecast - Day Typical Price
CECO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CECO Environmental stock prices and determine the direction of CECO Environmental Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CECO Environmental's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. CECO |
Most investors in CECO Environmental 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 CECO Environmental's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CECO Environmental'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 |
| 11.97 | 11.94 |
| Check CECO Environmental Volatility | Backtest CECO Environmental | Trend Details |
CECO Environmental Trading Date Momentum
| On November 11 2022 CECO Environmental Corp was traded for 11.99 at the closing time. The top price for the day was 12.17 and the lowest listed price was 11.60 . The trading volume for the day was 377.9 K. The trading history from November 11, 2022 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.22% . The overall trading delta against the current closing price is 3.15% . |
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.
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CECO Environmental 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 CECO Environmental stock to make a market-neutral strategy. Peer analysis of CECO Environmental could also be used in its relative valuation, which is a method of valuing CECO Environmental by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CECO Environmental Risk Indicators
The analysis of CECO Environmental'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 CECO Environmental's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ceco 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 | 1.94 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.4 | |||
| Downside Variance | 6.32 | |||
| Semi Variance | 4.03 | |||
| Expected Short fall | (2.22) |
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.
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental's 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in CECO Stock
If you are still planning to invest in CECO Environmental Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CECO Environmental's history and understand the potential risks before investing.
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