Foot Locker Stock Forecast - Risk Adjusted Performance
| FL Stock | USD 25.31 0.83 3.39% |
Foot Stock Forecast is based on your current time horizon. Although Foot Locker's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Foot Locker's systematic risk associated with finding meaningful patterns of Foot Locker fundamentals over time.
Foot |
| Check Foot Locker Volatility | Backtest Foot Locker | Information Ratio |
Foot Locker Trading Date Momentum
| On November 27 2024 Foot Locker was traded for 25.31 at the closing time. The highest price during the trading period was 25.57 and the lowest recorded bid was listed for 24.48 . The volume for the day was 3.8 M. This history from November 27, 2024 did not affect price variability. The overall trading delta to the current price is 3.28% . |
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Other Forecasting Options for Foot Locker
For every potential investor in Foot, whether a beginner or expert, Foot Locker's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Foot Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Foot. Basic forecasting techniques help filter out the noise by identifying Foot Locker's price trends.Foot Locker 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 Foot Locker stock to make a market-neutral strategy. Peer analysis of Foot Locker could also be used in its relative valuation, which is a method of valuing Foot Locker by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Foot Locker 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 Foot Locker'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 Foot Locker's current price.| Cycle Indicators | ||
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Foot Locker Market Strength Events
Market strength indicators help investors to evaluate how Foot Locker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foot Locker shares will generate the highest return on investment. By undertsting and applying Foot Locker stock market strength indicators, traders can identify Foot Locker entry and exit signals to maximize returns.
| Accumulation Distribution | 163012.0 | |||
| Daily Balance Of Power | 0.7615 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 25.03 | |||
| Day Typical Price | 25.12 | |||
| Price Action Indicator | 0.7 | |||
| Period Momentum Indicator | 0.83 |
Foot Locker Risk Indicators
The analysis of Foot Locker'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 Foot Locker's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting foot 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 | 2.27 | |||
| Standard Deviation | 3.05 | |||
| Variance | 9.31 |
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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Is Specialty Retail space 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 Foot Locker. If investors know Foot 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 Foot Locker 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 (0.78) | Earnings Share (3.88) | Revenue Per Share 86.173 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0118 |
The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker'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 Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker'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 Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker'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.