Cognizant Technology Stock Forecast - Accumulation Distribution
| CTSH Stock | USD 70.33 1.47 2.13% |
Cognizant Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cognizant Technology stock prices and determine the direction of Cognizant Technology Solutions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cognizant Technology's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Cognizant Technology's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cognizant Technology's systematic risk associated with finding meaningful patterns of Cognizant Technology fundamentals over time.
Check out Historical Fundamental Analysis of Cognizant Technology to cross-verify your projections. Cognizant |
Open Interest Against 2024-05-17 Cognizant Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Cognizant Technology'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 Cognizant Technology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cognizant Technology 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 Cognizant Technology's open interest, investors have to compare it to Cognizant Technology'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 Cognizant Technology 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 Cognizant. 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 Cognizant Technology 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 Cognizant Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cognizant Technology's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Cognizant Technology is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Cognizant Technology Solutions to determine if accumulation or reduction is taking place in the market. This value is adjusted by Cognizant Technology trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 31171.54 | 38526.35 |
| Check Cognizant Technology Volatility | Backtest Cognizant Technology | Trend Details |
Cognizant Technology Trading Date Momentum
| On April 18 2024 Cognizant Technology Solutions was traded for 67.13 at the closing time. The top price for the day was 68.00 and the lowest listed price was 66.60 . The trading volume for the day was 4.6 M. The trading history from April 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 0.41% . |
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 Cognizant Technology to competition |
Other Forecasting Options for Cognizant Technology
For every potential investor in Cognizant, whether a beginner or expert, Cognizant Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cognizant Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cognizant. Basic forecasting techniques help filter out the noise by identifying Cognizant Technology's price trends.Cognizant Technology 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 Cognizant Technology stock to make a market-neutral strategy. Peer analysis of Cognizant Technology could also be used in its relative valuation, which is a method of valuing Cognizant Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cognizant Technology 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 Cognizant Technology'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 Cognizant Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cognizant Technology Market Strength Events
Market strength indicators help investors to evaluate how Cognizant Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognizant Technology shares will generate the highest return on investment. By undertsting and applying Cognizant Technology stock market strength indicators, traders can identify Cognizant Technology Solutions entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 70.33 | |||
| Day Typical Price | 70.33 | |||
| Price Action Indicator | 0.73 | |||
| Period Momentum Indicator | 1.47 | |||
| Relative Strength Index | 49.12 |
Cognizant Technology Risk Indicators
The analysis of Cognizant Technology'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 Cognizant Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cognizant 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 | 0.8617 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.24 |
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 Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology'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 Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:Check out Historical Fundamental Analysis of Cognizant Technology to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running Cognizant Technology's price analysis, check to measure Cognizant Technology'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 Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.
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Is Cognizant Technology'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 Cognizant Technology. If investors know Cognizant 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 Cognizant Technology 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 (0.04) | Dividend Share 1.18 | Earnings Share 4.17 | Revenue Per Share 38.448 | Quarterly Revenue Growth (0.01) |
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology'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 Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology'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 Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology'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.