Transdigm Group Stock Forecast - Period Momentum Indicator

TDG Stock  USD 1,330  6.54  0.49%   
Transdigm Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Transdigm Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Transdigm Group's Receivables Turnover is most likely to slightly decrease in the upcoming years. The Transdigm Group's current Fixed Asset Turnover is estimated to increase to 6.37, while Asset Turnover is projected to decrease to 0.34. . The Transdigm Group's current Net Income Applicable To Common Shares is estimated to increase to about 1.5 B, while Common Stock Shares Outstanding is projected to decrease to roughly 54.1 M.
On February 6, 2024 Transdigm Group Incorporated had Period Momentum Indicator of 249.31. Most investors in Transdigm Group 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 Transdigm Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Transdigm Group's price structures and extracts relationships that further increase the accuracy of the generated results. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Transdigm Group Trading Date Momentum

On February 07 2024 Transdigm Group Incorporated was traded for  1,086  at the closing time. Highest Transdigm Group's price during the trading hours was 1,089  and the lowest price during the day was  1,080 . The net volume was 369.1 K. The overall trading history on the 7th of February contributed to the next trading period price rise. The trading price change to the next next day price was 0.56% . The trading price change to current price is 1.89% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Transdigm Group

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

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

Transdigm Group 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 Transdigm Group'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 Transdigm Group's current price.

Transdigm Group Market Strength Events

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

Transdigm Group Risk Indicators

The analysis of Transdigm Group'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 Transdigm Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting transdigm 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 Transdigm Group is a strong investment it is important to analyze Transdigm Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transdigm Group's future performance. For an informed investment choice regarding Transdigm Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Transdigm Group to cross-verify your projections.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Aerospace & Defense 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 Transdigm Group. If investors know Transdigm 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 Transdigm Group 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
0.298
Earnings Share
26.86
Revenue Per Share
131.763
Quarterly Revenue Growth
0.173
Return On Assets
0.1053
The market value of Transdigm Group is measured differently than its book value, which is the value of Transdigm that is recorded on the company's balance sheet. Investors also form their own opinion of Transdigm Group's value that differs from its market value or its book value, called intrinsic value, which is Transdigm Group'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 Transdigm Group's market value can be influenced by many factors that don't directly affect Transdigm Group'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 Transdigm Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transdigm Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transdigm Group'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.