Mohawk Industries Stock Forecast - Daily Balance Of Power
| MHK Stock | USD 118.28 0.98 0.84% |
Mohawk Stock Forecast is based on your current time horizon. Although Mohawk Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Mohawk Industries' systematic risk associated with finding meaningful patterns of Mohawk Industries fundamentals over time.
Mohawk |
Open Interest Against 2025-01-17 Mohawk Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Mohawk Industries' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Mohawk Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Mohawk Industries stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Mohawk Industries' open interest, investors have to compare it to Mohawk Industries' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Mohawk Industries is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Mohawk. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2853 | 0.2853 |
| Check Mohawk Industries Volatility | Backtest Mohawk Industries | Information Ratio |
Mohawk Industries Trading Date Momentum
| On January 09 2025 Mohawk Industries was traded for 118.28 at the closing time. Highest Mohawk Industries's price during the trading hours was 118.99 and the lowest price during the day was 115.73 . There was no trading activity during the period 0.0. Lack of trading volume on the 9th of January did not cause price change. The trading delta at closing time to current price is 0.79% . |
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 Mohawk Industries to competition |
Other Forecasting Options for Mohawk Industries
For every potential investor in Mohawk, whether a beginner or expert, Mohawk Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mohawk Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mohawk. Basic forecasting techniques help filter out the noise by identifying Mohawk Industries' price trends.Mohawk Industries 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 Mohawk Industries stock to make a market-neutral strategy. Peer analysis of Mohawk Industries could also be used in its relative valuation, which is a method of valuing Mohawk Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mohawk Industries 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 Mohawk Industries' 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 Mohawk Industries' current price.| Cycle Indicators | ||
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Mohawk Industries Market Strength Events
Market strength indicators help investors to evaluate how Mohawk Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mohawk Industries shares will generate the highest return on investment. By undertsting and applying Mohawk Industries stock market strength indicators, traders can identify Mohawk Industries entry and exit signals to maximize returns.
Mohawk Industries Risk Indicators
The analysis of Mohawk Industries' 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 Mohawk Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mohawk 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 | 1.46 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.85 |
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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Is Household Durables 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 Mohawk Industries. If investors know Mohawk 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 Mohawk Industries 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 0.557 | Earnings Share 8.86 | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' 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 Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' 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 Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' 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.