Callaway Golf Stock Forecast - Day Typical Price

MODG Stock  USD 8.30  0.01  0.12%   
Callaway Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Callaway Golf's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Callaway Golf's Inventory Turnover is most likely to increase slightly in the upcoming years. The Callaway Golf's current Receivables Turnover is estimated to increase to 19.78, while Payables Turnover is projected to decrease to 10.32. . The Callaway Golf's current Net Income Applicable To Common Shares is estimated to increase to about 190.7 M, while Common Stock Shares Outstanding is projected to decrease to roughly 101.2 M.
Callaway Golf has current Day Typical Price of 8.38. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Callaway Golf Trading Date Momentum

On November 28 2024 Callaway Golf was traded for  8.30  at the closing time. The top price for the day was 8.56  and the lowest listed price was  8.27 . 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 0.84% .
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 Callaway Golf

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

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

Callaway Golf 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 Callaway Golf'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 Callaway Golf's current price.

Callaway Golf Market Strength Events

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

Callaway Golf Risk Indicators

The analysis of Callaway Golf'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 Callaway Golf's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting callaway 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 Callaway Golf is a strong investment it is important to analyze Callaway Golf'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 Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Callaway Golf to cross-verify your projections.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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
(0.46)
Earnings Share
(0.07)
Revenue Per Share
22.907
Quarterly Revenue Growth
(0.03)
Return On Assets
0.013
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.