FGI Industries Stock Forecast - Price Action Indicator
| FGI Stock | USD 1.13 0.08 7.62% |
FGI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FGI Industries stock prices and determine the direction of FGI Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FGI Industries' historical fundamentals, such as revenue growth or operating cash flow patterns. Although FGI Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FGI Industries' systematic risk associated with finding meaningful patterns of FGI Industries fundamentals over time.
Check out Historical Fundamental Analysis of FGI Industries to cross-verify your projections. FGI |
Most investors in FGI Industries 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 FGI Industries' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FGI Industries' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check FGI Industries Volatility | Backtest FGI Industries | Information Ratio |
FGI Industries Trading Date Momentum
| On April 28 2024 FGI Industries was traded for 1.13 at the closing time. Highest FGI Industries's price during the trading hours was 1.14 and the lowest price during the day was 0.97 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of April did not affect price variability. The overall trading delta to current price is 7.08% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare FGI Industries to competition |
Other Forecasting Options for FGI Industries
For every potential investor in FGI, whether a beginner or expert, FGI Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FGI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FGI. Basic forecasting techniques help filter out the noise by identifying FGI Industries' price trends.FGI Industries 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 FGI Industries stock to make a market-neutral strategy. Peer analysis of FGI Industries could also be used in its relative valuation, which is a method of valuing FGI Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FGI Industries 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 FGI Industries' 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 FGI Industries' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volume Indicators |
FGI Industries Market Strength Events
Market strength indicators help investors to evaluate how FGI Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FGI Industries shares will generate the highest return on investment. By undertsting and applying FGI Industries stock market strength indicators, traders can identify FGI Industries entry and exit signals to maximize returns.
FGI Industries Risk Indicators
The analysis of FGI Industries' 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 FGI Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fgi 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 | 3.2 | |||
| Standard Deviation | 4.61 | |||
| Variance | 21.29 |
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 FGI Industries 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, FGI Industries' short interest history, or implied volatility extrapolated from FGI Industries options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of FGI Industries to cross-verify your projections. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.Note that the FGI Industries information on this page should be used as a complementary analysis to other FGI Industries' 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for FGI Stock analysis
When running FGI Industries' price analysis, check to measure FGI Industries' 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 FGI Industries is operating at the current time. Most of FGI Industries' value examination focuses on studying past and present price action to predict the probability of FGI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FGI Industries' price. Additionally, you may evaluate how the addition of FGI Industries to your portfolios can decrease your overall portfolio volatility.
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Is FGI Industries' 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 FGI Industries. If investors know FGI 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 FGI Industries 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 (0.30) | Earnings Share 0.07 | Revenue Per Share 12.308 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0228 |
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.