Comstock Holding Stock Forecast - Day Median Price
| CHCI Stock | USD 7.13 0.72 11.23% |
Comstock Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Comstock Holding stock prices and determine the direction of Comstock Holding Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Comstock Holding's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Comstock Holding's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Comstock Holding's systematic risk associated with finding meaningful patterns of Comstock Holding fundamentals over time.
Check out Historical Fundamental Analysis of Comstock Holding to cross-verify your projections. Comstock |
Most investors in Comstock Holding 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 Comstock Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Comstock Holding's 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.| Previous Day Median Price | Day Median Price | Trend |
| 6.29 | 6.72 |
| Check Comstock Holding Volatility | Backtest Comstock Holding | Information Ratio |
Comstock Holding Trading Date Momentum
| On April 26 2024 Comstock Holding Companies was traded for 7.13 at the closing time. The top price for the day was 7.16 and the lowest listed price was 6.28 . The trading volume for the day was 29.1 K. The trading history from April 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 9.82% . |
The median price is the midpoint of the trading periods range.
| Compare Comstock Holding to competition |
Other Forecasting Options for Comstock Holding
For every potential investor in Comstock, whether a beginner or expert, Comstock Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Comstock Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Comstock. Basic forecasting techniques help filter out the noise by identifying Comstock Holding's price trends.Comstock Holding 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 Comstock Holding stock to make a market-neutral strategy. Peer analysis of Comstock Holding could also be used in its relative valuation, which is a method of valuing Comstock Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Comstock Holding Com 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 Comstock Holding'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 Comstock Holding's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Comstock Holding Market Strength Events
Market strength indicators help investors to evaluate how Comstock Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comstock Holding shares will generate the highest return on investment. By undertsting and applying Comstock Holding stock market strength indicators, traders can identify Comstock Holding Companies entry and exit signals to maximize returns.
| Accumulation Distribution | 3575.55 | |||
| Daily Balance Of Power | 0.8182 | |||
| Rate Of Daily Change | 1.11 | |||
| Day Median Price | 6.72 | |||
| Day Typical Price | 6.86 | |||
| Price Action Indicator | 0.77 | |||
| Period Momentum Indicator | 0.72 |
Comstock Holding Risk Indicators
The analysis of Comstock Holding'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 Comstock Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting comstock 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 | 1.95 | |||
| Semi Deviation | 3.44 | |||
| Standard Deviation | 3.96 | |||
| Variance | 15.72 | |||
| Downside Variance | 14.79 | |||
| Semi Variance | 11.81 | |||
| Expected Short fall | (2.55) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comstock Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comstock Holding's short interest history, or implied volatility extrapolated from Comstock Holding options trading.
Pair Trading with Comstock Holding
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 Comstock Holding 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 Comstock Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Comstock Stock
| 0.79 | VEEE | Twin Vee Powercats | PairCorr |
| 0.7 | UA | Under Armour C | PairCorr |
| 0.7 | BZH | Beazer Homes USA Earnings Call This Week | PairCorr |
| 0.7 | PVH | PVH Corp Financial Report 29th of May 2024 | PairCorr |
| 0.67 | CRI | Carters | PairCorr |
The ability to find closely correlated positions to Comstock Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comstock Holding 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 Comstock Holding - 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 Comstock Holding Companies to buy it.
The correlation of Comstock Holding 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 Comstock Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comstock Holding Com 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 Comstock Holding 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 Comstock Holding to cross-verify your projections. Note that the Comstock Holding Com information on this page should be used as a complementary analysis to other Comstock Holding's 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Comstock Stock analysis
When running Comstock Holding's price analysis, check to measure Comstock Holding'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 Comstock Holding is operating at the current time. Most of Comstock Holding's value examination focuses on studying past and present price action to predict the probability of Comstock Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Holding's price. Additionally, you may evaluate how the addition of Comstock Holding to your portfolios can decrease your overall portfolio volatility.
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Is Comstock Holding'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 Comstock Holding. If investors know Comstock 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 Comstock Holding 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 0.359 | Earnings Share 0.77 | Revenue Per Share 4.644 | Quarterly Revenue Growth 0.184 | Return On Assets 0.124 |
The market value of Comstock Holding Com is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Comstock Holding'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 Comstock Holding's market value can be influenced by many factors that don't directly affect Comstock Holding'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 Comstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Holding'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.