Analog Devices Stock Forecast - Day Median Price
| ADI Stock | USD 190.29 1.98 1.03% |
Analog Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Analog Devices stock prices and determine the direction of Analog Devices's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Analog Devices' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Analog Devices' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Analog Devices' systematic risk associated with finding meaningful patterns of Analog Devices fundamentals over time.
Check out Historical Fundamental Analysis of Analog Devices to cross-verify your projections. Analog |
Open Interest Against 2024-04-19 Analog Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Analog Devices' 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 Analog Devices' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Analog Devices 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 Analog Devices' open interest, investors have to compare it to Analog Devices' 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 Analog Devices 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 Analog. 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 Analog Devices 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 Analog Devices' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Analog Devices' 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 |
| 192.56 |
| Check Analog Devices Volatility | Backtest Analog Devices | Information Ratio |
The median price is the midpoint of the trading periods range.
| Compare Analog Devices to competition |
Other Forecasting Options for Analog Devices
For every potential investor in Analog, whether a beginner or expert, Analog Devices' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Analog Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Analog. Basic forecasting techniques help filter out the noise by identifying Analog Devices' price trends.Analog Devices 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 Analog Devices stock to make a market-neutral strategy. Peer analysis of Analog Devices could also be used in its relative valuation, which is a method of valuing Analog Devices by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Analog Devices 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 Analog Devices' 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 Analog Devices' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Analog Devices Market Strength Events
Market strength indicators help investors to evaluate how Analog Devices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Analog Devices shares will generate the highest return on investment. By undertsting and applying Analog Devices stock market strength indicators, traders can identify Analog Devices entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0339 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 192.56 | |||
| Day Typical Price | 191.8 | |||
| Market Facilitation Index | 6.65 | |||
| Price Action Indicator | (3.26) | |||
| Period Momentum Indicator | (1.98) |
Analog Devices Risk Indicators
The analysis of Analog Devices' 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 Analog Devices' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting analog 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 | 1.29 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.73 | |||
| Downside Variance | 2.87 | |||
| Semi Variance | 2.66 | |||
| Expected Short fall | (1.33) |
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.
Analog Devices Investors Sentiment
The influence of Analog Devices' 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 Analog. 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 Analog Devices' public news can be used to forecast risks associated with an investment in Analog. The trend in average sentiment can be used to explain how an investor holding Analog can time the market purely based on public headlines and social activities around Analog Devices. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Analog Devices' 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 Analog Devices' 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 Analog Devices' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Analog Devices.
Analog Devices Implied Volatility | 41.18 |
Analog Devices' implied volatility exposes the market's sentiment of Analog Devices stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Analog Devices' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Analog Devices stock will not fluctuate a lot when Analog Devices' options are near their expiration.
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 Analog Devices 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, Analog Devices' short interest history, or implied volatility extrapolated from Analog Devices options trading.
Pair Trading with Analog Devices
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Analog Devices position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Analog Devices will appreciate offsetting losses from the drop in the long position's value.Moving against Analog Stock
| 0.56 | CAN | Canaan Inc Financial Report 24th of May 2024 | PairCorr |
| 0.44 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
| 0.43 | MDB | MongoDB Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Analog Devices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Analog Devices when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Analog Devices - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Analog Devices to buy it.
The correlation of Analog Devices is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Analog Devices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Analog Devices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Analog Devices can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Analog Devices to cross-verify your projections. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.Note that the Analog Devices information on this page should be used as a complementary analysis to other Analog Devices' 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Analog Stock analysis
When running Analog Devices' price analysis, check to measure Analog Devices' 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 Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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Is Analog Devices' 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 Analog Devices. If investors know Analog 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 Analog Devices 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 (0.51) | Dividend Share 3.5 | Earnings Share 5.59 | Revenue Per Share 23.165 | Quarterly Revenue Growth (0.23) |
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.