Hollysys Automation Stock Forecast - Day Median Price
| HOLI Stock | USD 22.37 0.50 2.19% |
Hollysys Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hollysys Automation stock prices and determine the direction of Hollysys Automation Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hollysys Automation's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hollysys Automation's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hollysys Automation's systematic risk associated with finding meaningful patterns of Hollysys Automation fundamentals over time.
Check out Historical Fundamental Analysis of Hollysys Automation to cross-verify your projections. Hollysys |
Open Interest Against 2024-06-21 Hollysys Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hollysys Automation'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 Hollysys Automation's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hollysys Automation 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 Hollysys Automation's open interest, investors have to compare it to Hollysys Automation'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 Hollysys Automation 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 Hollysys. 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 Hollysys Automation 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 Hollysys Automation's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hollysys Automation'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 |
| 22.72 | 22.37 |
| Check Hollysys Automation Volatility | Backtest Hollysys Automation | Information Ratio |
Hollysys Automation Trading Date Momentum
| On May 21 2024 Hollysys Automation Technologies was traded for 22.37 at the closing time. The top price for the day was 22.37 and the lowest listed price was 22.37 . There was no trading activity during the period 0.0. Lack of trading volume on May 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.24% . |
The median price is the midpoint of the trading periods range.
| Compare Hollysys Automation to competition |
Other Forecasting Options for Hollysys Automation
For every potential investor in Hollysys, whether a beginner or expert, Hollysys Automation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hollysys Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hollysys. Basic forecasting techniques help filter out the noise by identifying Hollysys Automation's price trends.Hollysys Automation 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 Hollysys Automation stock to make a market-neutral strategy. Peer analysis of Hollysys Automation could also be used in its relative valuation, which is a method of valuing Hollysys Automation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hollysys Automation 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 Hollysys Automation'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 Hollysys Automation's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hollysys Automation Market Strength Events
Market strength indicators help investors to evaluate how Hollysys Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hollysys Automation shares will generate the highest return on investment. By undertsting and applying Hollysys Automation stock market strength indicators, traders can identify Hollysys Automation Technologies entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 22.37 | |||
| Day Typical Price | 22.37 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.50) |
Hollysys Automation Risk Indicators
The analysis of Hollysys Automation'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 Hollysys Automation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hollysys 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 | 0.5757 | |||
| Standard Deviation | 0.9517 | |||
| Variance | 0.9057 |
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.
Currently Active Assets on Macroaxis
| VWITX | Vanguard Intermediate Term Tax Exempt | |
| VGSTX | Vanguard Star Fund | |
| VFIAX | Vanguard 500 Index | |
| VTCLX | Vanguard Tax Managed Capital | |
| VTSAX | Vanguard Total Stock |
Check out Historical Fundamental Analysis of Hollysys Automation to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Hollysys Stock analysis
When running Hollysys Automation's price analysis, check to measure Hollysys Automation'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 Hollysys Automation is operating at the current time. Most of Hollysys Automation's value examination focuses on studying past and present price action to predict the probability of Hollysys Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hollysys Automation's price. Additionally, you may evaluate how the addition of Hollysys Automation to your portfolios can decrease your overall portfolio volatility.
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Is Hollysys Automation'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 Hollysys Automation. If investors know Hollysys 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 Hollysys Automation 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 (0.68) | Earnings Share 1.34 | Revenue Per Share 12.791 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0242 |
The market value of Hollysys Automation is measured differently than its book value, which is the value of Hollysys that is recorded on the company's balance sheet. Investors also form their own opinion of Hollysys Automation's value that differs from its market value or its book value, called intrinsic value, which is Hollysys Automation'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 Hollysys Automation's market value can be influenced by many factors that don't directly affect Hollysys Automation'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 Hollysys Automation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hollysys Automation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hollysys Automation'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.