Prestige Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Prestige Consumer's historical fundamentals, such as revenue growth or operating cash flow patterns.
Prestige
Prestige Consumer Healthcare has current Day Typical Price of 75.0. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 22 2024 Prestige Consumer Healthcare was traded for 75.00 at the closing time. The highest daily price throughout the period was 75.00 and the lowest price was 75.00 . There was no trading activity during the period 0.0. Lack of trading volume on 12/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
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.
For every potential investor in Prestige, whether a beginner or expert, Prestige Consumer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Prestige Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Prestige. Basic forecasting techniques help filter out the noise by identifying Prestige Consumer's price trends.
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 Prestige Consumer stock to make a market-neutral strategy. Peer analysis of Prestige Consumer could also be used in its relative valuation, which is a method of valuing Prestige Consumer by comparing valuation metrics with similar companies.
Prestige Consumer 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 Prestige Consumer'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 Prestige Consumer's current price.
Market strength indicators help investors to evaluate how Prestige Consumer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prestige Consumer shares will generate the highest return on investment. By undertsting and applying Prestige Consumer stock market strength indicators, traders can identify Prestige Consumer Healthcare entry and exit signals to maximize returns.
The analysis of Prestige Consumer'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 Prestige Consumer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prestige 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.
Prestige Consumer financial ratios help investors to determine whether Prestige Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prestige with respect to the benefits of owning Prestige Consumer security.