Monro Muffler Stock Forecast - Accumulation Distribution
| MNRO Stock | USD 26.99 0.05 0.19% |
Monro Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Monro Muffler stock prices and determine the direction of Monro Muffler Brake's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Monro Muffler's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Monro Muffler's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Monro Muffler's systematic risk associated with finding meaningful patterns of Monro Muffler fundamentals over time.
Check out Historical Fundamental Analysis of Monro Muffler to cross-verify your projections. Monro |
Open Interest Against 2024-05-17 Monro Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Monro Muffler'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 Monro Muffler's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Monro Muffler 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 Monro Muffler's open interest, investors have to compare it to Monro Muffler'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 Monro Muffler 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 Monro. 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 Monro Muffler 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 Monro Muffler's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Monro Muffler's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Monro Muffler is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Monro Muffler Brake to determine if accumulation or reduction is taking place in the market. This value is adjusted by Monro Muffler trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 11851.49 | 11893.39 |
| Check Monro Muffler Volatility | Backtest Monro Muffler | Information Ratio |
Monro Muffler Trading Date Momentum
| On May 03 2024 Monro Muffler Brake was traded for 26.99 at the closing time. The top price for the day was 27.98 and the lowest listed price was 26.90 . The trading volume for the day was 308.1 K. The trading history from May 3, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.19% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Monro Muffler to competition |
Other Forecasting Options for Monro Muffler
For every potential investor in Monro, whether a beginner or expert, Monro Muffler's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Monro Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Monro. Basic forecasting techniques help filter out the noise by identifying Monro Muffler's price trends.Monro Muffler 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 Monro Muffler stock to make a market-neutral strategy. Peer analysis of Monro Muffler could also be used in its relative valuation, which is a method of valuing Monro Muffler by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Monro Muffler Brake 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 Monro Muffler'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 Monro Muffler's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Monro Muffler Market Strength Events
Market strength indicators help investors to evaluate how Monro Muffler stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monro Muffler shares will generate the highest return on investment. By undertsting and applying Monro Muffler stock market strength indicators, traders can identify Monro Muffler Brake entry and exit signals to maximize returns.
| Accumulation Distribution | 11893.39 | |||
| Daily Balance Of Power | 0.0463 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 27.44 | |||
| Day Typical Price | 27.29 | |||
| Price Action Indicator | (0.43) | |||
| Period Momentum Indicator | 0.05 |
Monro Muffler Risk Indicators
The analysis of Monro Muffler'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 Monro Muffler's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting monro 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 | 1.53 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.86 |
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.
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 Monro Muffler 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, Monro Muffler's short interest history, or implied volatility extrapolated from Monro Muffler options trading.
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When running Monro Muffler's price analysis, check to measure Monro Muffler'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 Monro Muffler is operating at the current time. Most of Monro Muffler's value examination focuses on studying past and present price action to predict the probability of Monro Muffler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monro Muffler's price. Additionally, you may evaluate how the addition of Monro Muffler to your portfolios can decrease your overall portfolio volatility.
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Is Monro Muffler'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 Monro Muffler. If investors know Monro 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 Monro Muffler 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 (0.07) | Dividend Share 1.12 | Earnings Share 1.08 | Revenue Per Share 40.814 | Quarterly Revenue Growth (0.05) |
The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler'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 Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler'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 Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler'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.