Canada Goose Stock Forecast - Day Median Price
| GOOS Stock | USD 11.29 0.25 2.17% |
Canada Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Canada Goose stock prices and determine the direction of Canada Goose Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Canada Goose's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Canada Goose's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Canada Goose's systematic risk associated with finding meaningful patterns of Canada Goose fundamentals over time.
Check out Historical Fundamental Analysis of Canada Goose to cross-verify your projections. Canada |
Open Interest Against 2024-05-03 Canada Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Canada Goose'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 Canada Goose's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Canada Goose 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 Canada Goose's open interest, investors have to compare it to Canada Goose'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 Canada Goose 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 Canada. 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 Canada Goose 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 Canada Goose's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Canada Goose's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 11.44 | 11.29 |
| Check Canada Goose Volatility | Backtest Canada Goose | Information Ratio |
Canada Goose Trading Date Momentum
| On April 30 2024 Canada Goose Holdings was traded for 11.29 at the closing time. The top price for the day was 11.39 and the lowest listed price was 11.19 . The trading volume for the day was 309.9 K. The trading history from April 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.35% . |
The median price is the midpoint of the trading periods range.
| Compare Canada Goose to competition |
Other Forecasting Options for Canada Goose
For every potential investor in Canada, whether a beginner or expert, Canada Goose's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canada Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canada. Basic forecasting techniques help filter out the noise by identifying Canada Goose's price trends.Canada Goose 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 Canada Goose stock to make a market-neutral strategy. Peer analysis of Canada Goose could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canada Goose Holdings 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 Canada Goose'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 Canada Goose's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Canada Goose Market Strength Events
Market strength indicators help investors to evaluate how Canada Goose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canada Goose shares will generate the highest return on investment. By undertsting and applying Canada Goose stock market strength indicators, traders can identify Canada Goose Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 5441.0 | |||
| Daily Balance Of Power | (1.25) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 11.29 | |||
| Day Typical Price | 11.29 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.25) | |||
| Relative Strength Index | 42.83 |
Canada Goose Risk Indicators
The analysis of Canada Goose'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 Canada Goose's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canada 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 | 2.26 | |||
| Semi Deviation | 3.03 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.93 | |||
| Downside Variance | 10.18 | |||
| Semi Variance | 9.18 | |||
| Expected Short fall | (2.21) |
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.
Canada Goose Implied Volatility | 76.14 |
Canada Goose's implied volatility exposes the market's sentiment of Canada Goose Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canada Goose's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canada Goose stock will not fluctuate a lot when Canada Goose's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canada Goose in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canada Goose's short interest history, or implied volatility extrapolated from Canada Goose options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Canada Goose to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Canada Stock analysis
When running Canada Goose's price analysis, check to measure Canada Goose'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 Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.
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Is Canada Goose'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 Canada Goose. If investors know Canada 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 Canada Goose 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 0.008 | Earnings Share 0.36 | Revenue Per Share 12.352 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0416 |
The market value of Canada Goose Holdings is measured differently than its book value, which is the value of Canada that is recorded on the company's balance sheet. Investors also form their own opinion of Canada Goose's value that differs from its market value or its book value, called intrinsic value, which is Canada Goose'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 Canada Goose's market value can be influenced by many factors that don't directly affect Canada Goose'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 Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Goose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose'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.