Extendicare Stock Forecast - Period Momentum Indicator
| EXE Stock | CAD 7.43 0.03 0.41% |
Extendicare Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Extendicare stock prices and determine the direction of Extendicare's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Extendicare's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Extendicare's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Extendicare's systematic risk associated with finding meaningful patterns of Extendicare fundamentals over time.
Check out Historical Fundamental Analysis of Extendicare to cross-verify your projections. Extendicare |
Most investors in Extendicare 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 Extendicare's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Extendicare's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Extendicare Volatility | Backtest Extendicare | Information Ratio |
Extendicare Trading Date Momentum
| On May 31 2024 Extendicare was traded for 7.43 at the closing time. The maximum traded price for the trading interval was 7.43 and the lowest daily price was 7.28 . The daily volume was recorded at 160.1 K. The volume of trading on 31st of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Extendicare to competition |
Other Forecasting Options for Extendicare
For every potential investor in Extendicare, whether a beginner or expert, Extendicare's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Extendicare Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Extendicare. Basic forecasting techniques help filter out the noise by identifying Extendicare's price trends.Extendicare 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 Extendicare stock to make a market-neutral strategy. Peer analysis of Extendicare could also be used in its relative valuation, which is a method of valuing Extendicare by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Extendicare 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 Extendicare'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 Extendicare's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Extendicare Market Strength Events
Market strength indicators help investors to evaluate how Extendicare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Extendicare shares will generate the highest return on investment. By undertsting and applying Extendicare stock market strength indicators, traders can identify Extendicare entry and exit signals to maximize returns.
Extendicare Risk Indicators
The analysis of Extendicare'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 Extendicare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting extendicare 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 | 1.22 | |||
| Semi Deviation | 1.73 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.77 | |||
| Downside Variance | 3.92 | |||
| Semi Variance | 3.01 | |||
| Expected Short fall | (1.24) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Extendicare to cross-verify your projections. Note that the Extendicare information on this page should be used as a complementary analysis to other Extendicare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Extendicare Stock analysis
When running Extendicare's price analysis, check to measure Extendicare'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 Extendicare is operating at the current time. Most of Extendicare's value examination focuses on studying past and present price action to predict the probability of Extendicare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extendicare's price. Additionally, you may evaluate how the addition of Extendicare to your portfolios can decrease your overall portfolio volatility.
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