PriceSmart Stock Forecast - Day Median Price
| PSMT Stock | USD 80.91 1.94 2.34% |
PriceSmart Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PriceSmart stock prices and determine the direction of PriceSmart's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PriceSmart's historical fundamentals, such as revenue growth or operating cash flow patterns. Although PriceSmart's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PriceSmart's systematic risk associated with finding meaningful patterns of PriceSmart fundamentals over time.
Check out Historical Fundamental Analysis of PriceSmart to cross-verify your projections. PriceSmart |
Open Interest Against 2024-05-17 PriceSmart Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast PriceSmart'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 PriceSmart's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for PriceSmart 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 PriceSmart's open interest, investors have to compare it to PriceSmart'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 PriceSmart 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 PriceSmart. 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 PriceSmart 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 PriceSmart's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PriceSmart's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 81.53 | 81.94 |
| Check PriceSmart Volatility | Backtest PriceSmart | Information Ratio |
PriceSmart Trading Date Momentum
| On April 22 2024 PriceSmart was traded for 80.91 at the closing time. The top price for the day was 83.01 and the lowest listed price was 80.86 . The trading volume for the day was 242.4 K. The trading history from April 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.14% . |
The median price is the midpoint of the trading periods range.
| Compare PriceSmart to competition |
Other Forecasting Options for PriceSmart
For every potential investor in PriceSmart, whether a beginner or expert, PriceSmart's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PriceSmart Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PriceSmart. Basic forecasting techniques help filter out the noise by identifying PriceSmart's price trends.PriceSmart 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 PriceSmart stock to make a market-neutral strategy. Peer analysis of PriceSmart could also be used in its relative valuation, which is a method of valuing PriceSmart by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PriceSmart 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 PriceSmart'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 PriceSmart's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PriceSmart Market Strength Events
Market strength indicators help investors to evaluate how PriceSmart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PriceSmart shares will generate the highest return on investment. By undertsting and applying PriceSmart stock market strength indicators, traders can identify PriceSmart entry and exit signals to maximize returns.
| Accumulation Distribution | 6278.8 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 81.94 | |||
| Day Typical Price | 81.59 | |||
| Price Action Indicator | (2.00) | |||
| Period Momentum Indicator | (1.94) |
PriceSmart Risk Indicators
The analysis of PriceSmart'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 PriceSmart's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pricesmart 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 | 1.09 | |||
| Semi Deviation | 1.28 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.82 | |||
| Downside Variance | 1.94 | |||
| Semi Variance | 1.63 | |||
| Expected Short fall | (1.13) |
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.
PriceSmart Investors Sentiment
The influence of PriceSmart'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 PriceSmart. 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 PriceSmart's public news can be used to forecast risks associated with an investment in PriceSmart. The trend in average sentiment can be used to explain how an investor holding PriceSmart can time the market purely based on public headlines and social activities around PriceSmart. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PriceSmart'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 PriceSmart'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 PriceSmart's news discussions. The higher the estimated score, the more favorable is the investor's outlook on PriceSmart.
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 PriceSmart 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, PriceSmart's short interest history, or implied volatility extrapolated from PriceSmart options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PriceSmart using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of PriceSmart to cross-verify your projections. For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for PriceSmart Stock analysis
When running PriceSmart's price analysis, check to measure PriceSmart'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 PriceSmart is operating at the current time. Most of PriceSmart's value examination focuses on studying past and present price action to predict the probability of PriceSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PriceSmart's price. Additionally, you may evaluate how the addition of PriceSmart to your portfolios can decrease your overall portfolio volatility.
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Is PriceSmart'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 PriceSmart. If investors know PriceSmart 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 PriceSmart 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 0.286 | Dividend Share 1.04 | Earnings Share 3.97 | Revenue Per Share 153.489 | Quarterly Revenue Growth 0.131 |
The market value of PriceSmart is measured differently than its book value, which is the value of PriceSmart that is recorded on the company's balance sheet. Investors also form their own opinion of PriceSmart's value that differs from its market value or its book value, called intrinsic value, which is PriceSmart'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 PriceSmart's market value can be influenced by many factors that don't directly affect PriceSmart'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 PriceSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if PriceSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PriceSmart'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.