North American Stock Forecast - Day Typical Price
| NOA Stock | USD 21.07 0.11 0.52% |
North Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast North American stock prices and determine the direction of North American Construction's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of North American's historical fundamentals, such as revenue growth or operating cash flow patterns.
North |
Open Interest Against 2024-12-20 North Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast North American'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 North American's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for North American 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 North American's open interest, investors have to compare it to North American'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 North American 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 North. 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 Day Typical Price | Day Typical Price | Trend |
| 21.11 | 21.04 |
| Check North American Volatility | Backtest North American | Trend Details |
North American Trading Date Momentum
| On December 11 2024 North American Construction was traded for 21.07 at the closing time. Highest North American's price during the trading hours was 21.14 and the lowest price during the day was 20.87 . The net volume was 65.4 K. The overall trading history on the 11th of December 2024 contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.52% . The trading delta at closing time to current price is 0.00% . |
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 North American to competition |
Other Forecasting Options for North American
For every potential investor in North, whether a beginner or expert, North American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. North Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in North. Basic forecasting techniques help filter out the noise by identifying North American's price trends.North American 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 North American stock to make a market-neutral strategy. Peer analysis of North American could also be used in its relative valuation, which is a method of valuing North American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
North American Const 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 North American'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 North American's current price.| Cycle Indicators | ||
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| Volume Indicators |
North American Market Strength Events
Market strength indicators help investors to evaluate how North American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading North American shares will generate the highest return on investment. By undertsting and applying North American stock market strength indicators, traders can identify North American Construction entry and exit signals to maximize returns.
North American Risk Indicators
The analysis of North American'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 North American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting north 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 | 1.59 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.42 | |||
| Downside Variance | 4.22 | |||
| Semi Variance | 3.56 | |||
| Expected Short fall | (1.80) |
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.When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:Check out Historical Fundamental Analysis of North American to cross-verify your projections. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Equipment & Services 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 North American. If investors know North 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 North American 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 0.196 | Dividend Share 0.4 | Earnings Share 1.34 | Revenue Per Share 44.139 | Quarterly Revenue Growth 0.457 |
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American'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 North American's market value can be influenced by many factors that don't directly affect North American'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 North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American'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.