Fastenal Stock Forecast - Daily Balance Of Power
| FAS Stock | EUR 71.32 0.00 0.00% |
Fastenal Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Fastenal's historical fundamentals, such as revenue growth or operating cash flow patterns.
Fastenal |
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Fastenal Trading Date Momentum
| On November 25 2024 Fastenal Company was traded for 80.03 at the closing time. The highest daily price throughout the period was 80.03 and the lowest price was 79.27 . The daily volume was 160. The net trading volume on 11/25/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.01% . The overall trading delta to current closing price is 1.90% . |
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.
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Other Forecasting Options for Fastenal
For every potential investor in Fastenal, whether a beginner or expert, Fastenal's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fastenal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fastenal. Basic forecasting techniques help filter out the noise by identifying Fastenal's price trends.Fastenal 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 Fastenal stock to make a market-neutral strategy. Peer analysis of Fastenal could also be used in its relative valuation, which is a method of valuing Fastenal by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fastenal 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 Fastenal'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 Fastenal's current price.| Cycle Indicators | ||
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| Volume Indicators |
Fastenal Market Strength Events
Market strength indicators help investors to evaluate how Fastenal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fastenal shares will generate the highest return on investment. By undertsting and applying Fastenal stock market strength indicators, traders can identify Fastenal Company entry and exit signals to maximize returns.
Fastenal Risk Indicators
The analysis of Fastenal'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 Fastenal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fastenal 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 | 1.01 | |||
| Semi Deviation | 0.7833 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 0.8851 | |||
| Semi Variance | 0.6136 | |||
| Expected Short fall | (1.41) |
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 Fastenal Stock
When determining whether Fastenal 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 Fastenal 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 Fastenal Company Stock. Highlighted below are key reports to facilitate an investment decision about Fastenal Company Stock:Check out Historical Fundamental Analysis of Fastenal to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.