Chefs Warehouse Stock Forecast - Rate Of Daily Change
| CHEF Stock | USD 32.42 0.24 0.75% |
Chefs Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chefs Warehouse stock prices and determine the direction of The Chefs Warehouse's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chefs Warehouse's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Chefs Warehouse's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Chefs Warehouse's systematic risk associated with finding meaningful patterns of Chefs Warehouse fundamentals over time.
Check out Historical Fundamental Analysis of Chefs Warehouse to cross-verify your projections. Chefs |
Open Interest Against 2024-04-19 Chefs Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Chefs Warehouse'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 Chefs Warehouse's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Chefs Warehouse 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 Chefs Warehouse's open interest, investors have to compare it to Chefs Warehouse'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 Chefs Warehouse 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 Chefs. 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 Chefs Warehouse 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 Chefs Warehouse's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Chefs Warehouse's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Chefs Warehouse.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.99 | 1.01 |
| Check Chefs Warehouse Volatility | Backtest Chefs Warehouse | Information Ratio |
Chefs Warehouse Trading Date Momentum
| On April 19 2024 The Chefs Warehouse was traded for 32.42 at the closing time. The top price for the day was 32.85 and the lowest listed price was 32.11 . The trading volume for the day was 189.2 K. The trading history from April 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.71% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Chefs Warehouse to competition |
Other Forecasting Options for Chefs Warehouse
For every potential investor in Chefs, whether a beginner or expert, Chefs Warehouse's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chefs Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chefs. Basic forecasting techniques help filter out the noise by identifying Chefs Warehouse's price trends.Chefs Warehouse 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 Chefs Warehouse stock to make a market-neutral strategy. Peer analysis of Chefs Warehouse could also be used in its relative valuation, which is a method of valuing Chefs Warehouse by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chefs Warehouse 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 Chefs Warehouse'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 Chefs Warehouse's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Chefs Warehouse Market Strength Events
Market strength indicators help investors to evaluate how Chefs Warehouse stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chefs Warehouse shares will generate the highest return on investment. By undertsting and applying Chefs Warehouse stock market strength indicators, traders can identify The Chefs Warehouse entry and exit signals to maximize returns.
| Accumulation Distribution | 4261.25 | |||
| Daily Balance Of Power | 0.3243 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.48 | |||
| Day Typical Price | 32.46 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.24 |
Chefs Warehouse Risk Indicators
The analysis of Chefs Warehouse'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 Chefs Warehouse's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chefs 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 | 1.73 | |||
| Semi Deviation | 1.77 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.97 | |||
| Downside Variance | 3.54 | |||
| Semi Variance | 3.12 | |||
| Expected Short fall | (1.98) |
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.
Pair Trading with Chefs Warehouse
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 Chefs Warehouse 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 Chefs Warehouse will appreciate offsetting losses from the drop in the long position's value.Moving together with Chefs Stock
| 0.65 | DG | Dollar General Financial Report 6th of June 2024 | PairCorr |
| 0.61 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.77 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
Moving against Chefs Stock
| 0.72 | IH | IhumanInc | PairCorr |
The ability to find closely correlated positions to Chefs Warehouse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chefs Warehouse 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 Chefs Warehouse - 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 The Chefs Warehouse to buy it.
The correlation of Chefs Warehouse 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 Chefs Warehouse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chefs Warehouse 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 Chefs Warehouse 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 Chefs Warehouse to cross-verify your projections. Note that the Chefs Warehouse information on this page should be used as a complementary analysis to other Chefs Warehouse'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Chefs Stock analysis
When running Chefs Warehouse's price analysis, check to measure Chefs Warehouse'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 Chefs Warehouse is operating at the current time. Most of Chefs Warehouse's value examination focuses on studying past and present price action to predict the probability of Chefs Warehouse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chefs Warehouse's price. Additionally, you may evaluate how the addition of Chefs Warehouse to your portfolios can decrease your overall portfolio volatility.
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Is Chefs Warehouse'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 Chefs Warehouse. If investors know Chefs 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 Chefs Warehouse 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 (0.11) | Earnings Share 0.88 | Revenue Per Share 91.242 | Quarterly Revenue Growth 0.201 | Return On Assets 0.0434 |
The market value of Chefs Warehouse is measured differently than its book value, which is the value of Chefs that is recorded on the company's balance sheet. Investors also form their own opinion of Chefs Warehouse's value that differs from its market value or its book value, called intrinsic value, which is Chefs Warehouse'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 Chefs Warehouse's market value can be influenced by many factors that don't directly affect Chefs Warehouse'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 Chefs Warehouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chefs Warehouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chefs Warehouse'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.