Selectquote Stock Forecast - Day Typical Price
SLQT Stock | USD 1.80 0.19 11.80% |
Selectquote Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Selectquote stock prices and determine the direction of Selectquote's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Selectquote's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Selectquote's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Selectquote's systematic risk associated with finding meaningful patterns of Selectquote fundamentals over time.
Check out Historical Fundamental Analysis of Selectquote to cross-verify your projections. Selectquote |
Open Interest Against 2024-05-17 Selectquote Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Selectquote'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 Selectquote's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Selectquote 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 Selectquote's open interest, investors have to compare it to Selectquote'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 Selectquote 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 Selectquote. 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 Selectquote 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 Selectquote's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Selectquote's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.Previous Day Typical Price | Day Typical Price | Trend |
1.59 | 1.75 |
Check Selectquote Volatility | Backtest Selectquote | Information Ratio |
Selectquote Trading Date Momentum
On May 02 2024 Selectquote was traded for 1.80 at the closing time. The top price for the day was 1.81 and the lowest listed price was 1.64 . The trading volume for the day was 508 K. The trading history from May 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 8.89% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Selectquote to competition |
Other Forecasting Options for Selectquote
For every potential investor in Selectquote, whether a beginner or expert, Selectquote's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Selectquote Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Selectquote. Basic forecasting techniques help filter out the noise by identifying Selectquote's price trends.Selectquote 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 Selectquote stock to make a market-neutral strategy. Peer analysis of Selectquote could also be used in its relative valuation, which is a method of valuing Selectquote by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Selectquote 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 Selectquote'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 Selectquote's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Selectquote Market Strength Events
Market strength indicators help investors to evaluate how Selectquote stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Selectquote shares will generate the highest return on investment. By undertsting and applying Selectquote stock market strength indicators, traders can identify Selectquote entry and exit signals to maximize returns.
Accumulation Distribution | 47711.11 | |||
Daily Balance Of Power | 1.117647 | |||
Rate Of Daily Change | 1.12 | |||
Day Median Price | 1.73 | |||
Day Typical Price | 1.75 | |||
Price Action Indicator | 0.17 | |||
Period Momentum Indicator | 0.19 |
Selectquote Risk Indicators
The analysis of Selectquote'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 Selectquote's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting selectquote 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 | 4.24 | |||
Semi Deviation | 3.65 | |||
Standard Deviation | 5.47 | |||
Variance | 29.88 | |||
Downside Variance | 17.53 | |||
Semi Variance | 13.3 | |||
Expected Short fall | (5.47) |
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 Selectquote 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, Selectquote's short interest history, or implied volatility extrapolated from Selectquote options trading.
Currently Active Assets on Macroaxis
When determining whether Selectquote is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Selectquote Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Selectquote Stock. Highlighted below are key reports to facilitate an investment decision about Selectquote Stock:Check out Historical Fundamental Analysis of Selectquote to cross-verify your projections. For more information on how to buy Selectquote Stock please use our How to Invest in Selectquote guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Selectquote Stock analysis
When running Selectquote's price analysis, check to measure Selectquote'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 Selectquote is operating at the current time. Most of Selectquote's value examination focuses on studying past and present price action to predict the probability of Selectquote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectquote's price. Additionally, you may evaluate how the addition of Selectquote to your portfolios can decrease your overall portfolio volatility.
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Is Selectquote'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 Selectquote. If investors know Selectquote 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 Selectquote 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 (0.19) | Earnings Share (0.30) | Revenue Per Share 6.931 | Quarterly Revenue Growth 0.27 | Return On Assets 0.0238 |
The market value of Selectquote is measured differently than its book value, which is the value of Selectquote that is recorded on the company's balance sheet. Investors also form their own opinion of Selectquote's value that differs from its market value or its book value, called intrinsic value, which is Selectquote'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 Selectquote's market value can be influenced by many factors that don't directly affect Selectquote'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 Selectquote's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selectquote is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selectquote'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.