Franklin Covey Stock Pattern Recognition Two Crows

FC Stock  USD 39.53  0.30  0.75%   
Franklin Covey pattern recognition tool provides the execution environment for running the Two Crows recognition and other technical functions against Franklin Covey. Franklin Covey value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Two Crows recognition function is designed to identify and follow existing trends. Franklin Covey momentum indicators are usually used to generate trading rules based on assumptions that Franklin Covey trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Franklin Covey.

Franklin Covey Technical Analysis Modules

Most technical analysis of Franklin Covey help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Franklin Covey Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Covey. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Covey based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Covey's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Franklin Covey's intrinsic value. In addition to deriving basic predictive indicators for Franklin Covey, we also check how macroeconomic factors affect Franklin Covey price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01360.0129
Price To Sales Ratio2.391.49
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Covey's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
37.4239.5341.64
Details
Intrinsic
Valuation
LowRealHigh
35.5847.5849.69
Details
Naive
Forecast
LowNextHigh
37.0439.1641.27
Details
3 Analysts
Consensus
LowTargetHigh
65.5272.0079.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Covey. Your research has to be compared to or analyzed against Franklin Covey's peers to derive any actionable benefits. When done correctly, Franklin Covey's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Franklin Covey.

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Franklin Covey pair trading

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 Franklin Covey 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 Franklin Covey will appreciate offsetting losses from the drop in the long position's value.

Franklin Covey Pair Trading

Franklin Covey Pair Trading Analysis

The ability to find closely correlated positions to Franklin Covey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Covey 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 Franklin Covey - 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 Franklin Covey to buy it.
The correlation of Franklin Covey 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 Franklin Covey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Covey 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 Franklin Covey 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.
Pair CorrelationCorrelation Matching
When determining whether Franklin Covey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Covey's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Covey Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Covey Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
Note that the Franklin Covey information on this page should be used as a complementary analysis to other Franklin Covey'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Franklin Stock analysis

When running Franklin Covey's price analysis, check to measure Franklin Covey'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 Franklin Covey is operating at the current time. Most of Franklin Covey's value examination focuses on studying past and present price action to predict the probability of Franklin Covey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Covey's price. Additionally, you may evaluate how the addition of Franklin Covey to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Covey'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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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
(0.50)
Earnings Share
1.22
Revenue Per Share
20.952
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0744
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.