Six Flags Stock Forecast - Accumulation Distribution
| FUN Stock | USD 46.39 0.32 0.69% |
Six Stock Forecast is based on your current time horizon. Although Six Flags' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Six Flags' systematic risk associated with finding meaningful patterns of Six Flags fundamentals over time.
Six |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 67378.88 | 22347.83 |
| Check Six Flags Volatility | Backtest Six Flags | Information Ratio |
Six Flags Trading Date Momentum
| On November 27 2024 Six Flags Entertainment was traded for 46.39 at the closing time. Highest Six Flags's price during the trading hours was 47.48 and the lowest price during the day was 45.91 . The net volume was 675.8 K. The overall trading history on the 27th of November did not result in any price rise and fall. The trading price change to current price is 0.69% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Six Flags to competition |
Other Forecasting Options for Six Flags
For every potential investor in Six, whether a beginner or expert, Six Flags' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Six Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Six. Basic forecasting techniques help filter out the noise by identifying Six Flags' price trends.Six Flags 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 Six Flags stock to make a market-neutral strategy. Peer analysis of Six Flags could also be used in its relative valuation, which is a method of valuing Six Flags by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Six Flags Entertainment 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 Six Flags' 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 Six Flags' current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Pattern Recognition | ||
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| Volume Indicators |
Six Flags Market Strength Events
Market strength indicators help investors to evaluate how Six Flags stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Six Flags shares will generate the highest return on investment. By undertsting and applying Six Flags stock market strength indicators, traders can identify Six Flags Entertainment entry and exit signals to maximize returns.
| Accumulation Distribution | 22347.83 | |||
| Daily Balance Of Power | 0.2038 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 46.69 | |||
| Day Typical Price | 46.59 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | 0.32 |
Six Flags Risk Indicators
The analysis of Six Flags' 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 Six Flags' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting six 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 | 1.64 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.81 | |||
| Downside Variance | 4.42 | |||
| Semi Variance | 4.05 | |||
| Expected Short fall | (1.75) |
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.
Pair Trading with Six Flags
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 Six Flags 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 Six Flags will appreciate offsetting losses from the drop in the long position's value.Moving against Six Stock
| 0.63 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.57 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.52 | BKRKY | Bank Rakyat | PairCorr |
| 0.51 | NKE | Nike Inc Aggressive Push | PairCorr |
| 0.49 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to Six Flags could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Six Flags 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 Six Flags - 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 Six Flags Entertainment to buy it.
The correlation of Six Flags 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 Six Flags moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Six Flags Entertainment 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 Six Flags 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.Check out Historical Fundamental Analysis of Six Flags to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Hotels, Restaurants & Leisure 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 Six Flags. If investors know Six 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 Six Flags 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 (0.74) | Dividend Share 0.3 | Earnings Share 2.4 | Revenue Per Share 38.014 | Quarterly Revenue Growth 0.601 |
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' 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 Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' 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 Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.