Pilgrims Pride Stock Forecast - Accumulation Distribution
| PPC Stock | USD 36.44 0.73 2.04% |
Pilgrims Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pilgrims Pride stock prices and determine the direction of Pilgrims Pride Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pilgrims Pride's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Pilgrims Pride's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Pilgrims Pride's systematic risk associated with finding meaningful patterns of Pilgrims Pride fundamentals over time.
Check out Historical Fundamental Analysis of Pilgrims Pride to cross-verify your projections. Pilgrims |
Open Interest Against 2024-06-21 Pilgrims Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Pilgrims Pride'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 Pilgrims Pride's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Pilgrims Pride 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 Pilgrims Pride's open interest, investors have to compare it to Pilgrims Pride'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 Pilgrims Pride 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 Pilgrims. 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 Pilgrims Pride 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 Pilgrims Pride's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Pilgrims Pride's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Pilgrims Pride is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Pilgrims Pride Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Pilgrims Pride trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 8157.54 | 6391.76 |
| Check Pilgrims Pride Volatility | Backtest Pilgrims Pride | Trend Details |
Pilgrims Pride Trading Date Momentum
| On March 22 2024 Pilgrims Pride Corp was traded for 33.85 at the closing time. Highest Pilgrims Pride's price during the trading hours was 34.13 and the lowest price during the day was 33.83 . The net volume was 448.7 K. The overall trading history on the 22nd of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.15% . The trading delta at closing time to current price is 0.71% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Pilgrims Pride to competition |
Other Forecasting Options for Pilgrims Pride
For every potential investor in Pilgrims, whether a beginner or expert, Pilgrims Pride's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pilgrims Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pilgrims. Basic forecasting techniques help filter out the noise by identifying Pilgrims Pride's price trends.Pilgrims Pride 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 Pilgrims Pride stock to make a market-neutral strategy. Peer analysis of Pilgrims Pride could also be used in its relative valuation, which is a method of valuing Pilgrims Pride by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pilgrims Pride Corp 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 Pilgrims Pride'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 Pilgrims Pride's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pilgrims Pride Market Strength Events
Market strength indicators help investors to evaluate how Pilgrims Pride stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pilgrims Pride shares will generate the highest return on investment. By undertsting and applying Pilgrims Pride stock market strength indicators, traders can identify Pilgrims Pride Corp entry and exit signals to maximize returns.
Pilgrims Pride Risk Indicators
The analysis of Pilgrims Pride'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 Pilgrims Pride's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pilgrims 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 | 1.07 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.46 | |||
| Downside Variance | 1.7 | |||
| Semi Variance | 1.03 | |||
| Expected Short fall | (1.27) |
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.When determining whether Pilgrims Pride Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pilgrims Pride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pilgrims Pride Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pilgrims Pride Corp Stock:Check out Historical Fundamental Analysis of Pilgrims Pride to cross-verify your projections. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Pilgrims Stock analysis
When running Pilgrims Pride's price analysis, check to measure Pilgrims Pride'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 Pilgrims Pride is operating at the current time. Most of Pilgrims Pride's value examination focuses on studying past and present price action to predict the probability of Pilgrims Pride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pilgrims Pride's price. Additionally, you may evaluate how the addition of Pilgrims Pride to your portfolios can decrease your overall portfolio volatility.
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Is Pilgrims Pride'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 Pilgrims Pride. If investors know Pilgrims 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 Pilgrims Pride 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 35.5 | Earnings Share 2.07 | Revenue Per Share 74.152 | Quarterly Revenue Growth 0.047 | Return On Assets 0.0547 |
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride'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 Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride'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 Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.