Signet Jewelers Stock Forecast - Daily Balance Of Power
| SIG Stock | USD 77.37 0.66 0.85% |
Signet Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Signet Jewelers' historical fundamentals, such as revenue growth or operating cash flow patterns.
Signet |
Open Interest Against 2025-01-10 Signet Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Signet Jewelers' 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 Signet Jewelers' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Signet Jewelers 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 Signet Jewelers' open interest, investors have to compare it to Signet Jewelers' 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 Signet Jewelers 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 Signet. 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 |
| 0.3187 | 0.2595 |
| Check Signet Jewelers Volatility | Backtest Signet Jewelers | Trend Details |
Signet Jewelers Trading Date Momentum
| On December 06 2024 Signet Jewelers was traded for 91.80 at the closing time. Highest Signet Jewelers's price during the trading hours was 92.81 and the lowest price during the day was 87.47 . The net volume was 2.1 M. The overall trading history on the 6th of December contributed to the next trading period price rise. The trading price change to the next next day price was 5.59% . The trading price change 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 Signet Jewelers to competition |
Other Forecasting Options for Signet Jewelers
For every potential investor in Signet, whether a beginner or expert, Signet Jewelers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Signet Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Signet. Basic forecasting techniques help filter out the noise by identifying Signet Jewelers' price trends.Signet Jewelers 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 Signet Jewelers stock to make a market-neutral strategy. Peer analysis of Signet Jewelers could also be used in its relative valuation, which is a method of valuing Signet Jewelers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Signet Jewelers 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 Signet Jewelers' 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 Signet Jewelers' current price.| Cycle Indicators | ||
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| Volume Indicators |
Signet Jewelers Market Strength Events
Market strength indicators help investors to evaluate how Signet Jewelers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Signet Jewelers shares will generate the highest return on investment. By undertsting and applying Signet Jewelers stock market strength indicators, traders can identify Signet Jewelers entry and exit signals to maximize returns.
| Accumulation Distribution | 40076.11 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 77.69 | |||
| Day Typical Price | 77.59 | |||
| Price Action Indicator | (0.65) | |||
| Period Momentum Indicator | (0.66) |
Signet Jewelers Risk Indicators
The analysis of Signet Jewelers' 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 Signet Jewelers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting signet 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 | 1.56 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.95 |
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.
Currently Active Assets on Macroaxis
When determining whether Signet Jewelers is a strong investment it is important to analyze Signet Jewelers' 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 Signet Jewelers' future performance. For an informed investment choice regarding Signet Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Signet Jewelers to cross-verify your projections. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Other Specialty Retail 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 Signet Jewelers. If investors know Signet 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 Signet Jewelers 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 1.138 | Earnings Share 8.55 | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets |
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' 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 Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' 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 Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.