Franklin Covey Stock Forecast - Rate Of Daily Change
FC Stock | USD 39.58 0.72 1.79% |
Franklin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Franklin Covey stock prices and determine the direction of Franklin Covey's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Franklin Covey's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Franklin Covey's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Franklin Covey's systematic risk associated with finding meaningful patterns of Franklin Covey fundamentals over time.
Check out Historical Fundamental Analysis of Franklin Covey to cross-verify your projections. Franklin |
Open Interest Against 2024-05-17 Franklin Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Franklin Covey'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 Franklin Covey's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Franklin Covey 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 Franklin Covey's open interest, investors have to compare it to Franklin Covey'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 Franklin Covey 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 Franklin. 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 Franklin Covey 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 Franklin Covey's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Franklin Covey'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 Franklin Covey.Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
1.01 | 0.98 |
Check Franklin Covey Volatility | Backtest Franklin Covey | Information Ratio |
Franklin Covey Trading Date Momentum
On April 24 2024 Franklin Covey was traded for 39.58 at the closing time. The highest price during the trading period was 40.50 and the lowest recorded bid was listed for 39.56 . The volume for the day was 101.5 K. This history from April 24, 2024 did not affect price variability. The overall trading delta to the current price is 1.41% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Franklin Covey
For every potential investor in Franklin, whether a beginner or expert, Franklin Covey's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Covey's price trends.Franklin Covey 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 Franklin Covey stock to make a market-neutral strategy. Peer analysis of Franklin Covey could also be used in its relative valuation, which is a method of valuing Franklin Covey by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Franklin Covey 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 Franklin Covey'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 Franklin Covey's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Franklin Covey Market Strength Events
Market strength indicators help investors to evaluate how Franklin Covey stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Covey shares will generate the highest return on investment. By undertsting and applying Franklin Covey stock market strength indicators, traders can identify Franklin Covey entry and exit signals to maximize returns.
Accumulation Distribution | 2354.85 | |||
Daily Balance Of Power | (0.77) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 40.03 | |||
Day Typical Price | 39.88 | |||
Price Action Indicator | (0.81) | |||
Period Momentum Indicator | (0.72) | |||
Relative Strength Index | 25.39 |
Franklin Covey Risk Indicators
The analysis of Franklin Covey'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 Franklin Covey's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin 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 | 1.67 | |||
Standard Deviation | 2.22 | |||
Variance | 4.93 |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Franklin Covey to cross-verify your projections. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.Note that the Franklin Covey information on this page should be used as a complementary analysis to other Franklin Covey'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Franklin Stock analysis
When running Franklin Covey's price analysis, check to measure Franklin Covey'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 Franklin Covey is operating at the current time. Most of Franklin Covey's value examination focuses on studying past and present price action to predict the probability of Franklin Covey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Covey's price. Additionally, you may evaluate how the addition of Franklin Covey to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Covey'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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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 (0.50) | Earnings Share 1.22 | Revenue Per Share 20.952 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0744 |
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.