Marten Transport Stock Forecast - Daily Balance Of Power
| MRTN Stock | USD 17.27 0.04 0.23% |
Marten Stock Forecast is based on your current time horizon. Although Marten Transport's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Marten Transport's systematic risk associated with finding meaningful patterns of Marten Transport fundamentals over time.
Marten |
Open Interest Against 2024-12-20 Marten Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Marten Transport's 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 Marten Transport's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Marten Transport 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 Marten Transport's open interest, investors have to compare it to Marten Transport's 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 Marten Transport 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 Marten. 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 |
| 0.1579 | (0.56) |
| Check Marten Transport Volatility | Backtest Marten Transport | Trend Details |
Marten Transport Trading Date Momentum
| On October 18 2024 Marten Transport was traded for 16.23 at the closing time. The top price for the day was 16.39 and the lowest listed price was 15.76 . The trading volume for the day was 748.2 K. The trading history from October 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.76% . The trading delta at closing time against the current closing price is 6.59% . |
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 Marten Transport to competition |
Other Forecasting Options for Marten Transport
For every potential investor in Marten, whether a beginner or expert, Marten Transport's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Marten Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Marten. Basic forecasting techniques help filter out the noise by identifying Marten Transport's price trends.Marten Transport 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 Marten Transport stock to make a market-neutral strategy. Peer analysis of Marten Transport could also be used in its relative valuation, which is a method of valuing Marten Transport by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Marten Transport 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 Marten Transport'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 Marten Transport's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Marten Transport Market Strength Events
Market strength indicators help investors to evaluate how Marten Transport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marten Transport shares will generate the highest return on investment. By undertsting and applying Marten Transport stock market strength indicators, traders can identify Marten Transport entry and exit signals to maximize returns.
| Accumulation Distribution | 7303.35 | |||
| Daily Balance Of Power | 0.0816 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.27 | |||
| Day Typical Price | 17.27 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.04 |
Marten Transport Risk Indicators
The analysis of Marten Transport'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 Marten Transport's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marten 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 | 1.33 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.57 | |||
| Downside Variance | 3.02 | |||
| Semi Variance | 2.69 | |||
| Expected Short fall | (1.37) |
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.
Pair Trading with Marten Transport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marten Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marten Transport will appreciate offsetting losses from the drop in the long position's value.Moving against Marten Stock
The ability to find closely correlated positions to Marten Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marten Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marten Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marten Transport to buy it.
The correlation of Marten Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marten Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marten Transport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marten Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Marten Transport to cross-verify your projections. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Cargo Ground Transportation 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 Marten Transport. If investors know Marten 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 Marten Transport 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 (0.72) | Dividend Share 0.24 | Earnings Share 0.41 | Revenue Per Share 12.308 | Quarterly Revenue Growth (0.15) |
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport's 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 Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport's 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 Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport's 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.