Hub Stock Forecast - Daily Balance Of Power
| HUBG Stock | USD 40.22 0.28 0.69% |
Hub Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hub stock prices and determine the direction of Hub Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hub's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hub's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hub's systematic risk associated with finding meaningful patterns of Hub fundamentals over time.
Check out Historical Fundamental Analysis of Hub to cross-verify your projections. Hub |
Open Interest Against 2024-05-17 Hub Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hub'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 Hub's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hub 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 Hub's open interest, investors have to compare it to Hub'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 Hub 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 Hub. 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 Hub 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 Hub's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hub's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Hub Group market sensitivity to bulls and bears. It estimates the ability of Hub buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hub Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6667 | (0.55) |
| Check Hub Volatility | Backtest Hub | Information Ratio |
Hub Trading Date Momentum
| On April 30 2024 Hub Group was traded for 40.22 at the closing time. The top price for the day was 40.40 and the lowest listed price was 39.89 . The trading volume for the day was 420 K. The trading history from April 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.42% . |
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.
| Compare Hub to competition |
Other Forecasting Options for Hub
For every potential investor in Hub, whether a beginner or expert, Hub's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hub Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hub. Basic forecasting techniques help filter out the noise by identifying Hub's price trends.Hub 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 Hub stock to make a market-neutral strategy. Peer analysis of Hub could also be used in its relative valuation, which is a method of valuing Hub by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hub Group 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 Hub'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 Hub's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hub Market Strength Events
Market strength indicators help investors to evaluate how Hub stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hub shares will generate the highest return on investment. By undertsting and applying Hub stock market strength indicators, traders can identify Hub Group entry and exit signals to maximize returns.
| Accumulation Distribution | 5302.45 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 40.14 | |||
| Day Typical Price | 40.17 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.28) | |||
| Relative Strength Index | 33.49 |
Hub Risk Indicators
The analysis of Hub'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 Hub's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hub 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 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.47 |
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 Hub to cross-verify your projections. Note that the Hub Group information on this page should be used as a complementary analysis to other Hub'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Hub Stock analysis
When running Hub's price analysis, check to measure Hub'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 Hub is operating at the current time. Most of Hub's value examination focuses on studying past and present price action to predict the probability of Hub's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub's price. Additionally, you may evaluate how the addition of Hub to your portfolios can decrease your overall portfolio volatility.
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| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is Hub'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 Hub. If investors know Hub 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 Hub 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 (0.53) | Dividend Share 0.125 | Earnings Share 2.62 | Revenue Per Share 64.921 | Quarterly Revenue Growth (0.13) |
The market value of Hub Group is measured differently than its book value, which is the value of Hub that is recorded on the company's balance sheet. Investors also form their own opinion of Hub's value that differs from its market value or its book value, called intrinsic value, which is Hub'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 Hub's market value can be influenced by many factors that don't directly affect Hub'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 Hub's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hub is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hub'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.