MDU Resources Stock Forecast - Rate Of Daily Change
| MDU Stock | USD 25.08 0.22 0.88% |
MDU Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MDU Resources stock prices and determine the direction of MDU Resources Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MDU Resources' historical fundamentals, such as revenue growth or operating cash flow patterns. Although MDU Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MDU Resources' systematic risk associated with finding meaningful patterns of MDU Resources fundamentals over time.
Check out Historical Fundamental Analysis of MDU Resources to cross-verify your projections. MDU |
Open Interest Against 2024-05-17 MDU Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast MDU Resources' 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 MDU Resources' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for MDU Resources 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 MDU Resources' open interest, investors have to compare it to MDU Resources' 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 MDU Resources 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 MDU. 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 MDU Resources 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 MDU Resources' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets MDU Resources' price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of MDU Resources.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.01 | 1.01 |
| Check MDU Resources Volatility | Backtest MDU Resources | Information Ratio |
MDU Resources Trading Date Momentum
| On May 02 2024 MDU Resources Group was traded for 25.08 at the closing time. Highest MDU Resources's price during the trading hours was 25.34 and the lowest price during the day was 24.78 . The net volume was 1.6 M. The overall trading history on the 2nd of May did not cause price change. The trading delta at closing time to current price is 0.96% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare MDU Resources to competition |
Other Forecasting Options for MDU Resources
For every potential investor in MDU, whether a beginner or expert, MDU Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MDU Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MDU. Basic forecasting techniques help filter out the noise by identifying MDU Resources' price trends.MDU Resources 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 MDU Resources stock to make a market-neutral strategy. Peer analysis of MDU Resources could also be used in its relative valuation, which is a method of valuing MDU Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MDU Resources Group 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 MDU Resources' 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 MDU Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MDU Resources Market Strength Events
Market strength indicators help investors to evaluate how MDU Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MDU Resources shares will generate the highest return on investment. By undertsting and applying MDU Resources stock market strength indicators, traders can identify MDU Resources Group entry and exit signals to maximize returns.
MDU Resources Risk Indicators
The analysis of MDU Resources' 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 MDU Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mdu 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 | 0.9868 | |||
| Semi Deviation | 0.8658 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.54 | |||
| Downside Variance | 1.34 | |||
| Semi Variance | 0.7496 | |||
| Expected Short fall | (1.17) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of MDU Resources to cross-verify your projections. Note that the MDU Resources Group information on this page should be used as a complementary analysis to other MDU Resources' 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for MDU Stock analysis
When running MDU Resources' price analysis, check to measure MDU Resources' 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 MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.
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Is MDU Resources' 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 MDU Resources. If investors know MDU 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 MDU Resources 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 0.46 | Dividend Share 0.695 | Earnings Share 2.36 | Revenue Per Share 22.87 | Quarterly Revenue Growth (0.14) |
The market value of MDU Resources Group is measured differently than its book value, which is the value of MDU that is recorded on the company's balance sheet. Investors also form their own opinion of MDU Resources' value that differs from its market value or its book value, called intrinsic value, which is MDU Resources' 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 MDU Resources' market value can be influenced by many factors that don't directly affect MDU Resources' 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 MDU Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MDU Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDU Resources' 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.