CoreCivic Stock Forecast - Daily Balance Of Power
| CXW Stock | USD 21.64 0.49 2.32% |
CoreCivic Stock Forecast is based on your current time horizon.
CoreCivic |
| Check CoreCivic Volatility | Backtest CoreCivic | Trend Details |
CoreCivic Trading Date Momentum
| On August 07 2024 CoreCivic was traded for 12.26 at the closing time. Highest CoreCivic's price during the trading hours was 12.46 and the lowest price during the day was 11.98 . The net volume was 1.4 M. The overall trading history on the 7th of August contributed to the next trading period price increase. The overall trading delta to the next next day price was 0.57% . The overall trading delta to current price is 2.54% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare CoreCivic to competition |
Other Forecasting Options for CoreCivic
For every potential investor in CoreCivic, whether a beginner or expert, CoreCivic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CoreCivic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CoreCivic. Basic forecasting techniques help filter out the noise by identifying CoreCivic's price trends.CoreCivic 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 CoreCivic stock to make a market-neutral strategy. Peer analysis of CoreCivic could also be used in its relative valuation, which is a method of valuing CoreCivic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CoreCivic 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 CoreCivic'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 CoreCivic's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CoreCivic Market Strength Events
Market strength indicators help investors to evaluate how CoreCivic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CoreCivic shares will generate the highest return on investment. By undertsting and applying CoreCivic stock market strength indicators, traders can identify CoreCivic entry and exit signals to maximize returns.
CoreCivic Risk Indicators
The analysis of CoreCivic'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 CoreCivic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting corecivic 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 | 2.53 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 5.22 | |||
| Variance | 27.3 | |||
| Downside Variance | 5.71 | |||
| Semi Variance | 2.82 | |||
| Expected Short fall | (3.33) |
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 CoreCivic Stock Analysis
When running CoreCivic's price analysis, check to measure CoreCivic'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 CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.