Caseys General Stock Forecast - Day Typical Price
| CASY Stock | USD 319.58 3.26 1.01% |
Caseys Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Caseys General stock prices and determine the direction of Caseys General Stores's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Caseys General's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Caseys General to cross-verify your projections. Caseys |
Most investors in Caseys General 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 Caseys General's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Caseys General's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 320.24 | 320.24 |
| Check Caseys General Volatility | Backtest Caseys General | Information Ratio |
Caseys General Trading Date Momentum
| On May 01 2024 Caseys General Stores was traded for 319.58 at the closing time. The top price for the day was 323.13 and the lowest listed price was 318.02 . There was no trading activity during the period 0.0. Lack of trading volume on May 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.59% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Caseys General to competition |
Other Forecasting Options for Caseys General
For every potential investor in Caseys, whether a beginner or expert, Caseys General's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Caseys Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Caseys. Basic forecasting techniques help filter out the noise by identifying Caseys General's price trends.Caseys General 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 Caseys General stock to make a market-neutral strategy. Peer analysis of Caseys General could also be used in its relative valuation, which is a method of valuing Caseys General by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Caseys General Stores 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 Caseys General'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 Caseys General's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Caseys General Market Strength Events
Market strength indicators help investors to evaluate how Caseys General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caseys General shares will generate the highest return on investment. By undertsting and applying Caseys General stock market strength indicators, traders can identify Caseys General Stores entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0158 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 320.58 | |||
| Day Typical Price | 320.24 | |||
| Market Facilitation Index | 5.11 | |||
| Price Action Indicator | (2.62) | |||
| Period Momentum Indicator | (3.26) | |||
| Relative Strength Index | 61.74 |
Caseys General Risk Indicators
The analysis of Caseys General'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 Caseys General's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caseys 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 | 0.9967 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 | |||
| Downside Variance | 3.02 | |||
| Semi Variance | 2.05 | |||
| Expected Short fall | (1.08) |
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.
When determining whether Caseys General Stores offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caseys General'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 Caseys General Stores Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caseys General Stores Stock: Check out Historical Fundamental Analysis of Caseys General to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Caseys Stock analysis
When running Caseys General's price analysis, check to measure Caseys General'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 Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.
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Is Caseys General'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 Caseys General. If investors know Caseys 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 Caseys General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Caseys General Stores is measured differently than its book value, which is the value of Caseys that is recorded on the company's balance sheet. Investors also form their own opinion of Caseys General's value that differs from its market value or its book value, called intrinsic value, which is Caseys General'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 Caseys General's market value can be influenced by many factors that don't directly affect Caseys General'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 Caseys General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caseys General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caseys General'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.