Fox Factory Stock Forecast - Price Action Indicator

FOXF Stock  USD 32.30  0.57  1.80%   
Fox Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Fox Factory's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Fox Factory's Inventory Turnover is most likely to slightly decrease in the upcoming years. The Fox Factory's current Asset Turnover is estimated to increase to 1.31, while Payables Turnover is projected to decrease to 6.49. . The Fox Factory's current Net Income Applicable To Common Shares is estimated to increase to about 247.9 M, while Common Stock Shares Outstanding is projected to decrease to roughly 41.6 M.
Fox Factory Holding has current Price Action Indicator of (0.26). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Fox Factory Trading Date Momentum

On November 28 2024 Fox Factory Holding was traded for  32.30  at the closing time. The top price for the day was 33.69  and the lowest listed price was  32.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.40% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Fox Factory

For every potential investor in Fox, whether a beginner or expert, Fox Factory's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fox Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fox. Basic forecasting techniques help filter out the noise by identifying Fox Factory's price trends.

Fox Factory 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 Fox Factory stock to make a market-neutral strategy. Peer analysis of Fox Factory could also be used in its relative valuation, which is a method of valuing Fox Factory by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Fox Factory Holding 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 Fox Factory'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 Fox Factory's current price.

Fox Factory Market Strength Events

Market strength indicators help investors to evaluate how Fox Factory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fox Factory shares will generate the highest return on investment. By undertsting and applying Fox Factory stock market strength indicators, traders can identify Fox Factory Holding entry and exit signals to maximize returns.

Fox Factory Risk Indicators

The analysis of Fox Factory'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 Fox Factory's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fox 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.
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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When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Fox Factory to cross-verify your projections.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Automotive Parts & Equipment 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 Fox Factory. If investors know Fox 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 Fox Factory 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
(0.87)
Earnings Share
0.26
Revenue Per Share
32.862
Quarterly Revenue Growth
0.085
Return On Assets
0.0219
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.