Snowflake Stock Forecast - Price Action Indicator
| S2NW34 Stock | BRL 25.02 0.23 0.91% |
Snowflake Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Snowflake stock prices and determine the direction of Snowflake's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Snowflake's historical fundamentals, such as revenue growth or operating cash flow patterns.
Snowflake |
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Snowflake Trading Date Momentum
| On December 23 2024 Snowflake was traded for 25.02 at the closing time. The highest price during the trading period was 25.31 and the lowest recorded bid was listed for 24.27 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Snowflake
For every potential investor in Snowflake, whether a beginner or expert, Snowflake's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Snowflake Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Snowflake. Basic forecasting techniques help filter out the noise by identifying Snowflake's price trends.Snowflake 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 Snowflake stock to make a market-neutral strategy. Peer analysis of Snowflake could also be used in its relative valuation, which is a method of valuing Snowflake by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Snowflake 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 Snowflake'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 Snowflake's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Snowflake Market Strength Events
Market strength indicators help investors to evaluate how Snowflake stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Snowflake shares will generate the highest return on investment. By undertsting and applying Snowflake stock market strength indicators, traders can identify Snowflake entry and exit signals to maximize returns.
Snowflake Risk Indicators
The analysis of Snowflake'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 Snowflake's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting snowflake 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 | 2.42 | |||
| Semi Deviation | 2.0 | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.03 | |||
| Downside Variance | 6.51 | |||
| Semi Variance | 4.01 | |||
| Expected Short fall | (2.90) |
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 Information and Resources on Investing in Snowflake Stock
When determining whether Snowflake is a strong investment it is important to analyze Snowflake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snowflake's future performance. For an informed investment choice regarding Snowflake Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Snowflake to cross-verify your projections. For information on how to trade Snowflake Stock refer to our How to Trade Snowflake Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.