Walmart Stock Forecast - Relative Strength Index
| WMT Stock | USD 64.89 0.03 0.05% |
Walmart Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Walmart stock prices and determine the direction of Walmart's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Walmart's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Walmart's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Walmart's systematic risk associated with finding meaningful patterns of Walmart fundamentals over time.
Check out Historical Fundamental Analysis of Walmart to cross-verify your projections. Walmart |
Open Interest Against 2024-05-31 Walmart Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Walmart'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 Walmart's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Walmart 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 Walmart's open interest, investors have to compare it to Walmart'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 Walmart 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 Walmart. 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 Walmart 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 Walmart's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Walmart's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Walmart Volatility | Backtest Walmart | Trend Details |
Walmart Trading Date Momentum
| On February 27 2024 Walmart was traded for 59.39 at the closing time. Highest Walmart's price during the trading hours was 59.80 and the lowest price during the day was 59.22 . The net volume was 18 M. The overall trading history on the 27th of February contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.02% . The trading price change to current price is 1.52% . |
| Compare Walmart to competition |
Other Forecasting Options for Walmart
For every potential investor in Walmart, whether a beginner or expert, Walmart's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Walmart Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Walmart. Basic forecasting techniques help filter out the noise by identifying Walmart's price trends.Walmart 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 Walmart stock to make a market-neutral strategy. Peer analysis of Walmart could also be used in its relative valuation, which is a method of valuing Walmart by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Walmart 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 Walmart'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 Walmart's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Walmart Market Strength Events
Market strength indicators help investors to evaluate how Walmart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Walmart shares will generate the highest return on investment. By undertsting and applying Walmart stock market strength indicators, traders can identify Walmart entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 64.89 | |||
| Day Typical Price | 64.89 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Walmart Risk Indicators
The analysis of Walmart'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 Walmart's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting walmart 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 | 0.6903 | |||
| Semi Deviation | 0.5479 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.3 | |||
| Downside Variance | 0.5759 | |||
| Semi Variance | 0.3002 | |||
| Expected Short fall | (0.79) |
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.
Pair Trading with Walmart
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Walmart position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Walmart will appreciate offsetting losses from the drop in the long position's value.Moving together with Walmart Stock
| 0.86 | WBUY | WEBUY GLOBAL LTD | PairCorr |
Moving against Walmart Stock
| 0.57 | EL | Estee Lauder Companies Sell-off Trend | PairCorr |
| 0.56 | DNUT | Krispy Kreme | PairCorr |
| 0.53 | GO | Grocery Outlet Holding | PairCorr |
| 0.5 | DLTR | Dollar Tree Earnings Call This Week | PairCorr |
| 0.48 | TGT | Target | PairCorr |
The ability to find closely correlated positions to Walmart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Walmart when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Walmart - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Walmart to buy it.
The correlation of Walmart is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Walmart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walmart moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Walmart can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Walmart to cross-verify your projections. For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Walmart Stock analysis
When running Walmart's price analysis, check to measure Walmart'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 Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Is Walmart'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 Walmart. If investors know Walmart 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 Walmart 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 2.043 | Dividend Share 0.778 | Earnings Share 2.34 | Revenue Per Share 81.456 | Quarterly Revenue Growth 0.06 |
The market value of Walmart is measured differently than its book value, which is the value of Walmart that is recorded on the company's balance sheet. Investors also form their own opinion of Walmart's value that differs from its market value or its book value, called intrinsic value, which is Walmart'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 Walmart's market value can be influenced by many factors that don't directly affect Walmart'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 Walmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Walmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walmart'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.