Seneca Foods Stock Forecast - Day Median Price

SENEB Stock  USD 59.02  0.22  0.37%   
Seneca Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Seneca Foods stock prices and determine the direction of Seneca Foods Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Seneca Foods' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Seneca Foods' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Seneca Foods' systematic risk associated with finding meaningful patterns of Seneca Foods fundamentals over time.
Check out Historical Fundamental Analysis of Seneca Foods to cross-verify your projections.
  
The current year's Inventory Turnover is expected to grow to 3.09. The current year's Payables Turnover is expected to grow to 13.06. The current year's Net Income Applicable To Common Shares is expected to grow to about 38.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 8.8 M.
Seneca Foods Corp has current Day Median Price of 59.02.
Most investors in Seneca Foods 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 Seneca Foods' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Seneca Foods' 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.
Check Seneca Foods VolatilityBacktest Seneca FoodsInformation Ratio  

Seneca Foods Trading Date Momentum

On April 29 2024 Seneca Foods Corp was traded for  59.02  at the closing time. The highest daily price throughout the period was 59.02  and the lowest price was  59.02 . There was no trading activity during the period 0.0. Lack of trading volume on 04/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Seneca Foods

For every potential investor in Seneca, whether a beginner or expert, Seneca Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Seneca Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Seneca. Basic forecasting techniques help filter out the noise by identifying Seneca Foods' price trends.

Seneca Foods 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 Seneca Foods stock to make a market-neutral strategy. Peer analysis of Seneca Foods could also be used in its relative valuation, which is a method of valuing Seneca Foods by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Seneca Foods Corp 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 Seneca Foods' 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 Seneca Foods' current price.

Seneca Foods Market Strength Events

Market strength indicators help investors to evaluate how Seneca Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seneca Foods shares will generate the highest return on investment. By undertsting and applying Seneca Foods stock market strength indicators, traders can identify Seneca Foods Corp entry and exit signals to maximize returns.

Seneca Foods Risk Indicators

The analysis of Seneca Foods' 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 Seneca Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seneca 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.
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

When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' 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 Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out Historical Fundamental Analysis of Seneca Foods to cross-verify your projections.
Note that the Seneca Foods Corp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Seneca Stock analysis

When running Seneca Foods' price analysis, check to measure Seneca Foods' 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 Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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Is Seneca Foods' 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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
(0.10)
Earnings Share
7.67
Revenue Per Share
198.997
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0327
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.