Leslies Stock Forecast - Rate Of Daily Change

LESL Stock  USD 2.48  0.03  1.22%   
Leslies Stock Forecast is based on your current time horizon. Although Leslies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Leslies' systematic risk associated with finding meaningful patterns of Leslies fundamentals over time.
  
At this time, Leslies' Inventory Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 7.60 this year, although the value of Payables Turnover will most likely fall to 6.97. . Net Income Applicable To Common Shares is expected to rise to about 192 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 149.2 M.
Leslies has current Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Leslies.
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Leslies Trading Date Momentum

On November 27 2024 Leslies was traded for  2.48  at the closing time. The top price for the day was 2.72  and the lowest listed price was  2.41 . The trading volume for the day was 8.9 M. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.21% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Leslies

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

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

Leslies 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 Leslies' 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 Leslies' current price.

Leslies Market Strength Events

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

Leslies Risk Indicators

The analysis of Leslies' 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 Leslies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting leslies 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 Leslies is a strong investment it is important to analyze Leslies' 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 Leslies' future performance. For an informed investment choice regarding Leslies Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Leslies to cross-verify your projections.
For more information on how to buy Leslies Stock please use our How to buy in Leslies Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Other 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 Leslies. If investors know Leslies 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 Leslies 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
(0.16)
Earnings Share
(0.13)
Revenue Per Share
7.396
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0421
The market value of Leslies is measured differently than its book value, which is the value of Leslies that is recorded on the company's balance sheet. Investors also form their own opinion of Leslies' value that differs from its market value or its book value, called intrinsic value, which is Leslies' 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 Leslies' market value can be influenced by many factors that don't directly affect Leslies' 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 Leslies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leslies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leslies' 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.