Copart Stock Forecast - Day Typical Price
| CO6 Stock | EUR 55.06 0.47 0.85% |
Copart Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Copart's historical fundamentals, such as revenue growth or operating cash flow patterns.
Copart |
| Previous Day Typical Price | Day Typical Price | Trend |
| 57.55 | 56.59 |
| Check Copart Volatility | Backtest Copart | Trend Details |
Copart Trading Date Momentum
| On December 20 2024 Copart Inc was traded for 56.05 at the closing time. The highest daily price throughout the period was 56.05 and the lowest price was 56.05 . The daily volume was 163. The net trading volume on 12/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.95% . The overall trading delta to current closing price is 0.28% . |
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.
Compare Copart to competition
Copart 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 Copart stock to make a market-neutral strategy. Peer analysis of Copart could also be used in its relative valuation, which is a method of valuing Copart by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Copart Market Strength Events
Market strength indicators help investors to evaluate how Copart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Copart shares will generate the highest return on investment. By undertsting and applying Copart stock market strength indicators, traders can identify Copart Inc entry and exit signals to maximize returns.
Copart Risk Indicators
The analysis of Copart'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 Copart's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting copart 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 | 1.43 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.53 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (1.89) |
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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Additional Information and Resources on Investing in Copart Stock
When determining whether Copart Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Copart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Copart Inc Stock. Highlighted below are key reports to facilitate an investment decision about Copart Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.