Sirius XM Stock Forecast - Accumulation Distribution
| SIRI Stock | USD 3.18 0.03 0.93% |
Sirius Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sirius XM stock prices and determine the direction of Sirius XM Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sirius XM's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sirius XM's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sirius XM's systematic risk associated with finding meaningful patterns of Sirius XM fundamentals over time.
Check out Historical Fundamental Analysis of Sirius XM to cross-verify your projections. Sirius |
Open Interest Against 2024-04-19 Sirius Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sirius XM'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 Sirius XM's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sirius XM 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 Sirius XM's open interest, investors have to compare it to Sirius XM'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 Sirius XM 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 Sirius. 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 Sirius XM 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 Sirius XM's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sirius XM's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Sirius XM is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Sirius XM Holding to determine if accumulation or reduction is taking place in the market. This value is adjusted by Sirius XM trading volume to give more weight to distributions with higher volume over lower volume.| Check Sirius XM Volatility | Backtest Sirius XM | Information Ratio |
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 Sirius XM to competition |
Other Forecasting Options for Sirius XM
For every potential investor in Sirius, whether a beginner or expert, Sirius XM's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sirius Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sirius. Basic forecasting techniques help filter out the noise by identifying Sirius XM's price trends.Sirius XM 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 Sirius XM stock to make a market-neutral strategy. Peer analysis of Sirius XM could also be used in its relative valuation, which is a method of valuing Sirius XM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sirius XM Holding 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 Sirius XM'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 Sirius XM's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sirius XM Market Strength Events
Market strength indicators help investors to evaluate how Sirius XM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sirius XM shares will generate the highest return on investment. By undertsting and applying Sirius XM stock market strength indicators, traders can identify Sirius XM Holding entry and exit signals to maximize returns.
| Accumulation Distribution | 724561.0 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3.21 | |||
| Day Typical Price | 3.2 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.03) |
Sirius XM Risk Indicators
The analysis of Sirius XM'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 Sirius XM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sirius 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 | 1.21 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.78 |
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.
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Check out Historical Fundamental Analysis of Sirius XM to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Sirius Stock analysis
When running Sirius XM's price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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 (0.02) | Dividend Share 0.099 | Earnings Share 0.32 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.002 |
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.