Diageo PLC Stock Forecast - Daily Balance Of Power
| DEO Stock | USD 132.64 0.32 0.24% |
Diageo Stock Forecast is based on your current time horizon. Although Diageo PLC's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Diageo PLC's systematic risk associated with finding meaningful patterns of Diageo PLC fundamentals over time.
Diageo |
Open Interest Against 2024-06-21 Diageo Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Diageo PLC'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 Diageo PLC's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Diageo PLC 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 Diageo PLC's open interest, investors have to compare it to Diageo PLC'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 Diageo PLC 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 Diageo. 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 Diageo PLC 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 Diageo PLC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Diageo PLC's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Diageo PLC ADR market sensitivity to bulls and bears. It estimates the ability of Diageo PLC buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Diageo PLC Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.58) | (0.18) |
| Check Diageo PLC Volatility | Backtest Diageo PLC | Information Ratio |
Diageo PLC Trading Date Momentum
| On June 11 2024 Diageo PLC ADR was traded for 132.64 at the closing time. Highest Diageo PLC's price during the trading hours was 132.95 and the lowest price during the day was 131.16 . The net volume was 652.1 K. The overall trading history on the 11th of June 2024 did not affect price variability. The overall trading delta to current price is 0.62% . |
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.
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Other Forecasting Options for Diageo PLC
For every potential investor in Diageo, whether a beginner or expert, Diageo PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Diageo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Diageo. Basic forecasting techniques help filter out the noise by identifying Diageo PLC's price trends.Diageo PLC 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 Diageo PLC stock to make a market-neutral strategy. Peer analysis of Diageo PLC could also be used in its relative valuation, which is a method of valuing Diageo PLC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Diageo PLC ADR 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 Diageo PLC'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 Diageo PLC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Diageo PLC Market Strength Events
Market strength indicators help investors to evaluate how Diageo PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diageo PLC shares will generate the highest return on investment. By undertsting and applying Diageo PLC stock market strength indicators, traders can identify Diageo PLC ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 8779.06 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 132.06 | |||
| Day Typical Price | 132.25 | |||
| Price Action Indicator | 0.42 | |||
| Period Momentum Indicator | (0.32) |
Diageo PLC Risk Indicators
The analysis of Diageo PLC'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 Diageo PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting diageo 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 | 0.8744 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 |
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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When determining whether Diageo PLC ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diageo PLC'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 Diageo Plc Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diageo Plc Adr Stock:Check out Historical Fundamental Analysis of Diageo PLC to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Distillers & Vintners 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 Diageo PLC. If investors know Diageo 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 Diageo PLC 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 (0.17) | Dividend Share 1.038 | Earnings Share 7.47 | Revenue Per Share 2.137 | Quarterly Revenue Growth (0.01) |
The market value of Diageo PLC ADR is measured differently than its book value, which is the value of Diageo that is recorded on the company's balance sheet. Investors also form their own opinion of Diageo PLC's value that differs from its market value or its book value, called intrinsic value, which is Diageo PLC'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 Diageo PLC's market value can be influenced by many factors that don't directly affect Diageo PLC'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 Diageo PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diageo PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diageo PLC'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.