Deluxe Stock Forecast - Price Action Indicator
DLX Stock | USD 21.52 0.05 0.23% |
Deluxe Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Deluxe stock prices and determine the direction of Deluxe's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Deluxe's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Deluxe's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Deluxe's systematic risk associated with finding meaningful patterns of Deluxe fundamentals over time.
Check out Historical Fundamental Analysis of Deluxe to cross-verify your projections. Deluxe |
Open Interest Against 2024-05-17 Deluxe Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Deluxe'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 Deluxe's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Deluxe 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 Deluxe's open interest, investors have to compare it to Deluxe'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 Deluxe 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 Deluxe. 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 Deluxe 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 Deluxe's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Deluxe'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 |
0.89 | (0.01) |
Check Deluxe Volatility | Backtest Deluxe | Information Ratio |
Deluxe Trading Date Momentum
On May 03 2024 Deluxe was traded for 21.52 at the closing time. Highest Deluxe's price during the trading hours was 21.96 and the lowest price during the day was 21.06 . The net volume was 254.7 K. The overall trading history on the 3rd of May did not affect price variability. The overall trading delta to current price is 1.63% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Deluxe to competition |
Other Forecasting Options for Deluxe
For every potential investor in Deluxe, whether a beginner or expert, Deluxe's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Deluxe Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Deluxe. Basic forecasting techniques help filter out the noise by identifying Deluxe's price trends.Deluxe 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 Deluxe stock to make a market-neutral strategy. Peer analysis of Deluxe could also be used in its relative valuation, which is a method of valuing Deluxe by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Deluxe 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 Deluxe'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 Deluxe's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Deluxe Market Strength Events
Market strength indicators help investors to evaluate how Deluxe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deluxe shares will generate the highest return on investment. By undertsting and applying Deluxe stock market strength indicators, traders can identify Deluxe entry and exit signals to maximize returns.
Accumulation Distribution | 10437.09 | |||
Daily Balance Of Power | (0.06) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 21.51 | |||
Day Typical Price | 21.51 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.05) | |||
Relative Strength Index | 59.26 |
Deluxe Risk Indicators
The analysis of Deluxe'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 Deluxe's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deluxe 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 | 1.82 | |||
Semi Deviation | 1.91 | |||
Standard Deviation | 2.47 | |||
Variance | 6.12 | |||
Downside Variance | 4.63 | |||
Semi Variance | 3.67 | |||
Expected Short fall | (2.00) |
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.
Pair Trading with Deluxe
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 Deluxe 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 Deluxe will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Deluxe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deluxe 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 Deluxe - 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 Deluxe to buy it.
The correlation of Deluxe 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 Deluxe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deluxe 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 Deluxe 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.Check out Historical Fundamental Analysis of Deluxe to cross-verify your projections. For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Deluxe Stock analysis
When running Deluxe's price analysis, check to measure Deluxe'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 Deluxe is operating at the current time. Most of Deluxe's value examination focuses on studying past and present price action to predict the probability of Deluxe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deluxe's price. Additionally, you may evaluate how the addition of Deluxe to your portfolios can decrease your overall portfolio volatility.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Deluxe'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 Deluxe. If investors know Deluxe 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 Deluxe 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 2.848 | Dividend Share 0.9 | Earnings Share 0.59 | Revenue Per Share 49.868 | Quarterly Revenue Growth (0.02) |
The market value of Deluxe is measured differently than its book value, which is the value of Deluxe that is recorded on the company's balance sheet. Investors also form their own opinion of Deluxe's value that differs from its market value or its book value, called intrinsic value, which is Deluxe'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 Deluxe's market value can be influenced by many factors that don't directly affect Deluxe'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 Deluxe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deluxe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deluxe'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.