ArcBest Corp Stock Forecast - Price Action Indicator
| ARCB Stock | USD 104.28 1.49 1.45% |
ArcBest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ArcBest Corp stock prices and determine the direction of ArcBest Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ArcBest Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although ArcBest Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ArcBest Corp's systematic risk associated with finding meaningful patterns of ArcBest Corp fundamentals over time.
Check out Historical Fundamental Analysis of ArcBest Corp to cross-verify your projections. ArcBest |
Open Interest Against 2024-06-21 ArcBest Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ArcBest Corp'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 ArcBest Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ArcBest Corp 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 ArcBest Corp's open interest, investors have to compare it to ArcBest Corp'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 ArcBest Corp 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 ArcBest. 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 ArcBest Corp 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 ArcBest Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ArcBest Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (3.51) | 0.74 |
| Check ArcBest Corp Volatility | Backtest ArcBest Corp | Information Ratio |
ArcBest Corp Trading Date Momentum
| On June 05 2024 ArcBest Corp was traded for 104.28 at the closing time. The top price for the day was 104.28 and the lowest listed price was 104.28 . There was no trading activity during the period 0.0. Lack of trading volume on June 5, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.43% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare ArcBest Corp to competition |
Other Forecasting Options for ArcBest Corp
For every potential investor in ArcBest, whether a beginner or expert, ArcBest Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ArcBest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ArcBest. Basic forecasting techniques help filter out the noise by identifying ArcBest Corp's price trends.ArcBest Corp 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 ArcBest Corp stock to make a market-neutral strategy. Peer analysis of ArcBest Corp could also be used in its relative valuation, which is a method of valuing ArcBest Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ArcBest Corp 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 ArcBest Corp'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 ArcBest Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ArcBest Corp Market Strength Events
Market strength indicators help investors to evaluate how ArcBest Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ArcBest Corp shares will generate the highest return on investment. By undertsting and applying ArcBest Corp stock market strength indicators, traders can identify ArcBest Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 104.28 | |||
| Day Typical Price | 104.28 | |||
| Price Action Indicator | 0.74 | |||
| Period Momentum Indicator | 1.49 | |||
| Relative Strength Index | 32.64 |
ArcBest Corp Risk Indicators
The analysis of ArcBest Corp'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 ArcBest Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting arcbest 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 | 2.23 | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.32 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in ArcBest Stock
When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp'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 Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:Check out Historical Fundamental Analysis of ArcBest Corp to cross-verify your projections. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Cargo Ground Transportation space 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 ArcBest Corp. If investors know ArcBest 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 ArcBest Corp 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 0.354 | Dividend Share 0.48 | Earnings Share 4.9 | Revenue Per Share 182.815 | Quarterly Revenue Growth (0.06) |
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp'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 ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp'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 ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp'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.