Graco Stock Forecast - Period Momentum Indicator
| GGG Stock | USD 80.32 0.12 0.15% |
Graco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Graco stock prices and determine the direction of Graco Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Graco's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Graco's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Graco's systematic risk associated with finding meaningful patterns of Graco fundamentals over time.
Check out Historical Fundamental Analysis of Graco to cross-verify your projections. Graco |
Open Interest Against 2024-05-17 Graco Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Graco'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 Graco's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Graco 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 Graco's open interest, investors have to compare it to Graco'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 Graco 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 Graco. 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 Graco 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 Graco's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Graco's price structures and extracts relationships that further increase the generated results' accuracy.
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.| Check Graco Volatility | Backtest Graco | Information Ratio |
Graco Trading Date Momentum
| On May 01 2024 Graco Inc was traded for 80.32 at the closing time. Highest Graco's price during the trading hours was 81.56 and the lowest price during the day was 79.88 . The net volume was 1.5 M. The overall trading history on the 1st of May did not cause price change. The overall trading delta to current price is 0.40% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Graco to competition |
Other Forecasting Options for Graco
For every potential investor in Graco, whether a beginner or expert, Graco's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Graco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Graco. Basic forecasting techniques help filter out the noise by identifying Graco's price trends.Graco 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 Graco stock to make a market-neutral strategy. Peer analysis of Graco could also be used in its relative valuation, which is a method of valuing Graco by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Graco Inc 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 Graco'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 Graco's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Graco Market Strength Events
Market strength indicators help investors to evaluate how Graco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Graco shares will generate the highest return on investment. By undertsting and applying Graco stock market strength indicators, traders can identify Graco Inc entry and exit signals to maximize returns.
Graco Risk Indicators
The analysis of Graco'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 Graco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting graco 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 | 0.8238 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.54 |
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.
Graco Investors Sentiment
The influence of Graco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Graco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Graco's public news can be used to forecast risks associated with an investment in Graco. The trend in average sentiment can be used to explain how an investor holding Graco can time the market purely based on public headlines and social activities around Graco Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Graco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Graco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Graco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Graco.
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 Graco 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, Graco's short interest history, or implied volatility extrapolated from Graco options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Graco to cross-verify your projections. Note that the Graco Inc information on this page should be used as a complementary analysis to other Graco'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Graco Stock analysis
When running Graco's price analysis, check to measure Graco'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 Graco is operating at the current time. Most of Graco's value examination focuses on studying past and present price action to predict the probability of Graco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graco's price. Additionally, you may evaluate how the addition of Graco to your portfolios can decrease your overall portfolio volatility.
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Is Graco'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 Graco. If investors know Graco 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 Graco 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 (0.05) | Dividend Share 0.98 | Earnings Share 2.9 | Revenue Per Share 12.803 | Quarterly Revenue Growth (0.07) |
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco'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 Graco's market value can be influenced by many factors that don't directly affect Graco'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 Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco'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.