CareTrust REIT Stock Forecast - Daily Balance Of Power
| CTRE Stock | USD 25.24 0.19 0.75% |
CareTrust Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CareTrust REIT stock prices and determine the direction of CareTrust REIT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CareTrust REIT's historical fundamentals, such as revenue growth or operating cash flow patterns.
CareTrust |
Open Interest Against 2024-06-21 CareTrust Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CareTrust REIT'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 CareTrust REIT's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CareTrust REIT 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 CareTrust REIT's open interest, investors have to compare it to CareTrust REIT'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 CareTrust REIT 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 CareTrust. 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 CareTrust REIT 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 CareTrust REIT's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CareTrust REIT's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of CareTrust REIT market sensitivity to bulls and bears. It estimates the ability of CareTrust REIT buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CareTrust REIT Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.70) | (0.58) |
| Check CareTrust REIT Volatility | Backtest CareTrust REIT | Information Ratio |
CareTrust REIT Trading Date Momentum
| On June 11 2024 CareTrust REIT was traded for 25.24 at the closing time. The top price for the day was 25.56 and the lowest listed price was 25.23 . The trading volume for the day was 1.8 M. The trading history from June 11, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.24% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare CareTrust REIT to competition |
Other Forecasting Options for CareTrust REIT
For every potential investor in CareTrust, whether a beginner or expert, CareTrust REIT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CareTrust Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CareTrust. Basic forecasting techniques help filter out the noise by identifying CareTrust REIT's price trends.CareTrust REIT 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 CareTrust REIT stock to make a market-neutral strategy. Peer analysis of CareTrust REIT could also be used in its relative valuation, which is a method of valuing CareTrust REIT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CareTrust REIT 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 CareTrust REIT'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 CareTrust REIT's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CareTrust REIT Market Strength Events
Market strength indicators help investors to evaluate how CareTrust REIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareTrust REIT shares will generate the highest return on investment. By undertsting and applying CareTrust REIT stock market strength indicators, traders can identify CareTrust REIT entry and exit signals to maximize returns.
| Accumulation Distribution | 22639.94 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 25.4 | |||
| Day Typical Price | 25.34 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.19) |
CareTrust REIT Risk Indicators
The analysis of CareTrust REIT'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 CareTrust REIT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting caretrust 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 | 0.7107 | |||
| Semi Deviation | 0.7756 | |||
| Standard Deviation | 0.913 | |||
| Variance | 0.8336 | |||
| Downside Variance | 0.8629 | |||
| Semi Variance | 0.6015 | |||
| Expected Short fall | (0.79) |
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 CareTrust Stock
When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:Check out Historical Fundamental Analysis of CareTrust REIT to cross-verify your projections. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Diversified REITs 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 CareTrust REIT. If investors know CareTrust 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 CareTrust REIT 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 0.135 | Dividend Share 1.13 | Earnings Share 0.53 | Revenue Per Share 2.013 | Quarterly Revenue Growth 0.246 |
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT'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 CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT'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 CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT'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.