National Presto Stock Forecast - Variance
NPK Stock | USD 74.48 0.14 0.19% |
National Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast National Presto stock prices and determine the direction of National Presto Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of National Presto's historical fundamentals, such as revenue growth or operating cash flow patterns. Although National Presto's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of National Presto's systematic risk associated with finding meaningful patterns of National Presto fundamentals over time.
Check out Historical Fundamental Analysis of National Presto to cross-verify your projections. National |
Most investors in National Presto 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 National Presto's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets National Presto's price structures and extracts relationships that further increase the generated results' accuracy.
Previous Variance | Variance | Trend |
0 | 0 |
Check National Presto Volatility | Backtest National Presto | Information Ratio |
National Presto Trading Date Momentum
On June 02 2024 National Presto Industries was traded for 74.48 at the closing time. Highest National Presto's price during the trading hours was 75.79 and the lowest price during the day was 74.32 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of June did not cause price change. The trading delta at closing time to current price is 0.27% . |
Compare National Presto to competition |
Other Forecasting Options for National Presto
For every potential investor in National, whether a beginner or expert, National Presto's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. National Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in National. Basic forecasting techniques help filter out the noise by identifying National Presto's price trends.National Presto 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 National Presto stock to make a market-neutral strategy. Peer analysis of National Presto could also be used in its relative valuation, which is a method of valuing National Presto by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
National Presto Indu 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 National Presto'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 National Presto's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
National Presto Market Strength Events
Market strength indicators help investors to evaluate how National Presto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Presto shares will generate the highest return on investment. By undertsting and applying National Presto stock market strength indicators, traders can identify National Presto Industries entry and exit signals to maximize returns.
National Presto Risk Indicators
The analysis of National Presto'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 National Presto's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national 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 | 1.02 | |||
Standard Deviation | 1.34 | |||
Variance | 1.8 |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as National Presto Indu using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of National Presto to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for National Stock analysis
When running National Presto's price analysis, check to measure National Presto'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 National Presto is operating at the current time. Most of National Presto's value examination focuses on studying past and present price action to predict the probability of National Presto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Presto's price. Additionally, you may evaluate how the addition of National Presto to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Stocks Directory Find actively traded stocks across global markets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
Is National Presto'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 National Presto. If investors know National 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 National Presto 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 (0.26) | Dividend Share 1 | Earnings Share 4.53 | Revenue Per Share 47.413 | Quarterly Revenue Growth (0.05) |
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto'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 National Presto's market value can be influenced by many factors that don't directly affect National Presto'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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto'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.