Manitex International Stock Forecast - Day Typical Price

MNTX Stock  USD 5.73  0.01  0.17%   
Manitex Stock Forecast is based on your current time horizon.
  
At this time, Manitex International's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 6.46 in 2024, whereas Receivables Turnover is likely to drop 4.20 in 2024. . Common Stock Shares Outstanding is likely to drop to about 13.5 M in 2024. Net Loss is likely to drop to about (4.6 M) in 2024.

Open Interest Against 2024-12-20 Manitex Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Manitex International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Manitex International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Manitex International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Manitex International's open interest, investors have to compare it to Manitex International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Manitex International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Manitex. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Manitex International has current Day Typical Price of 5.74. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Manitex International Trading Date Momentum

On November 27 2024 Manitex International was traded for  5.73  at the closing time. The top price for the day was 5.75  and the lowest listed price was  5.73 . The trading volume for the day was 65.9 K. The trading history from November 27, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.17% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Manitex International

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

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

Manitex International 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 Manitex International'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 Manitex International's current price.

Manitex International Market Strength Events

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

Manitex International Risk Indicators

The analysis of Manitex International'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 Manitex International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manitex 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Manitex Stock Analysis

When running Manitex International's price analysis, check to measure Manitex International'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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.