Fubotvinc Stock Momentum Indicators Average Directional Movement Index

FUBO Stock  USD 1.41  0.02  1.44%   
FubotvInc momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against FubotvInc. FubotvInc value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of FubotvInc are pattern recognition functions that provide distinct formation on FubotvInc potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of FubotvInc and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low FubotvInc ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

FubotvInc Technical Analysis Modules

Most technical analysis of FubotvInc help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for FubotvInc from various momentum indicators to cycle indicators. When you analyze FubotvInc charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About FubotvInc Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FubotvInc. We use our internally-developed statistical techniques to arrive at the intrinsic value of FubotvInc based on widely used predictive technical indicators. In general, we focus on analyzing FubotvInc Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FubotvInc's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of FubotvInc's intrinsic value. In addition to deriving basic predictive indicators for FubotvInc, we also check how macroeconomic factors affect FubotvInc price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.02960.0163
Price To Sales Ratio0.640.61
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FubotvInc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.071.396.00
Details
Intrinsic
Valuation
LowRealHigh
0.071.335.94
Details
Naive
Forecast
LowNextHigh
0.031.295.90
Details
8 Analysts
Consensus
LowTargetHigh
3.283.604.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FubotvInc. Your research has to be compared to or analyzed against FubotvInc's peers to derive any actionable benefits. When done correctly, FubotvInc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in FubotvInc.

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FubotvInc pair trading

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 FubotvInc 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 FubotvInc will appreciate offsetting losses from the drop in the long position's value.

FubotvInc Pair Trading

FubotvInc Pair Trading Analysis

The ability to find closely correlated positions to FubotvInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FubotvInc 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 FubotvInc - 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 FubotvInc to buy it.
The correlation of FubotvInc 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 FubotvInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FubotvInc 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 FubotvInc 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.
Pair CorrelationCorrelation Matching
When determining whether FubotvInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FubotvInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fubotvinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fubotvinc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FubotvInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in FubotvInc Stock, please use our How to Invest in FubotvInc guide.
Note that the FubotvInc information on this page should be used as a complementary analysis to other FubotvInc'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running FubotvInc's price analysis, check to measure FubotvInc'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 FubotvInc is operating at the current time. Most of FubotvInc's value examination focuses on studying past and present price action to predict the probability of FubotvInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FubotvInc's price. Additionally, you may evaluate how the addition of FubotvInc to your portfolios can decrease your overall portfolio volatility.
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Is FubotvInc'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 FubotvInc. If investors know FubotvInc 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 FubotvInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.06)
Revenue Per Share
4.952
Quarterly Revenue Growth
0.285
Return On Assets
(0.14)
Return On Equity
(0.85)
The market value of FubotvInc is measured differently than its book value, which is the value of FubotvInc that is recorded on the company's balance sheet. Investors also form their own opinion of FubotvInc's value that differs from its market value or its book value, called intrinsic value, which is FubotvInc'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 FubotvInc's market value can be influenced by many factors that don't directly affect FubotvInc'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 FubotvInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if FubotvInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FubotvInc'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.