Taylor Devices Stock Forecast - Period Momentum Indicator

TAYD Stock  USD 46.40  0.09  0.19%   
Taylor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Taylor Devices stock prices and determine the direction of Taylor Devices's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Taylor Devices' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Taylor Devices' Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 6.04, whereas Inventory Turnover is forecasted to decline to 1.76. . The current year's Net Income Applicable To Common Shares is expected to grow to about 7.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.4 M.
Taylor Devices has current Period Momentum Indicator of (0.09). 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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Taylor Devices Trading Date Momentum

On November 22 2024 Taylor Devices was traded for  46.40  at the closing time. The top price for the day was 47.15  and the lowest listed price was  45.50 . The trading volume for the day was 24.2 K. The trading history from November 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.19% .
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 Taylor Devices

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

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

Taylor Devices 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 Taylor Devices' 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 Taylor Devices' current price.

Taylor Devices Market Strength Events

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

Taylor Devices Risk Indicators

The analysis of Taylor Devices' 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 Taylor Devices' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting taylor 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Taylor Devices is a strong investment it is important to analyze Taylor Devices' 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 Taylor Devices' future performance. For an informed investment choice regarding Taylor Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Taylor Devices to cross-verify your projections.
For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Industrial Machinery & Supplies & Components 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 Taylor Devices. If investors know Taylor 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 Taylor Devices 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
0.629
Earnings Share
2.91
Revenue Per Share
14.228
Quarterly Revenue Growth
0.171
Return On Assets
0.1071
The market value of Taylor Devices is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Devices' value that differs from its market value or its book value, called intrinsic value, which is Taylor Devices' 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 Taylor Devices' market value can be influenced by many factors that don't directly affect Taylor Devices' 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 Taylor Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taylor Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Devices' 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.