Marten Transport Stock Forecast - Day Typical Price
| MRTN Stock | USD 17.81 0.03 0.17% |
Marten Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Marten Transport stock prices and determine the direction of Marten Transport's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Marten Transport's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Marten Transport's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Marten Transport's systematic risk associated with finding meaningful patterns of Marten Transport fundamentals over time.
Check out Historical Fundamental Analysis of Marten Transport to cross-verify your projections. Marten |
Open Interest Against 2024-06-21 Marten Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Marten Transport'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 Marten Transport's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Marten Transport 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 Marten Transport's open interest, investors have to compare it to Marten Transport'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 Marten Transport 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 Marten. 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 Marten Transport 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 Marten Transport's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Marten Transport's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 17.88 | 17.81 |
| Check Marten Transport Volatility | Backtest Marten Transport | Information Ratio |
Marten Transport Trading Date Momentum
| On June 05 2024 Marten Transport was traded for 17.81 at the closing time. The top price for the day was 17.81 and the lowest listed price was 17.81 . There was no trading activity during the period 0.0. Lack of trading volume on June 5, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.17% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Marten Transport to competition |
Other Forecasting Options for Marten Transport
For every potential investor in Marten, whether a beginner or expert, Marten Transport's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Marten Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Marten. Basic forecasting techniques help filter out the noise by identifying Marten Transport's price trends.Marten Transport 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 Marten Transport stock to make a market-neutral strategy. Peer analysis of Marten Transport could also be used in its relative valuation, which is a method of valuing Marten Transport by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Marten Transport 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 Marten Transport'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 Marten Transport's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Marten Transport Market Strength Events
Market strength indicators help investors to evaluate how Marten Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marten Transport shares will generate the highest return on investment. By undertsting and applying Marten Transport stock market strength indicators, traders can identify Marten Transport entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.81 | |||
| Day Typical Price | 17.81 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 53.01 |
Marten Transport Risk Indicators
The analysis of Marten Transport'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 Marten Transport's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marten 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 | 0.9418 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.72 |
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 ArchitectAdditional Information and Resources on Investing in Marten Stock
When determining whether Marten Transport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marten Transport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marten Transport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marten Transport Stock:Check out Historical Fundamental Analysis of Marten Transport to cross-verify your projections. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Cargo Ground Transportation space 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 Marten Transport. If investors know Marten 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 Marten Transport 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 (0.57) | Dividend Share 0.24 | Earnings Share 0.7 | Revenue Per Share 13.321 | Quarterly Revenue Growth (0.16) |
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport'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 Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport'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 Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport'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.