Simply Good Stock Forecast - Daily Balance Of Power
| SMPL Stock | USD 38.35 0.50 1.29% |
Simply Stock Forecast is based on your current time horizon. Although Simply Good's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Simply Good's systematic risk associated with finding meaningful patterns of Simply Good fundamentals over time.
Simply |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.06) | 0.8197 |
| Check Simply Good Volatility | Backtest Simply Good | Trend Details |
Simply Good Trading Date Momentum
| On December 10 2024 Simply Good Foods was traded for 39.55 at the closing time. The top price for the day was 39.85 and the lowest listed price was 39.19 . The trading volume for the day was 817.2 K. The trading history from December 10, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.83% . The trading price change against the current closing price is 0.40% . |
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.
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Other Forecasting Options for Simply Good
For every potential investor in Simply, whether a beginner or expert, Simply Good's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Simply Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Simply. Basic forecasting techniques help filter out the noise by identifying Simply Good's price trends.Simply Good 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 Simply Good stock to make a market-neutral strategy. Peer analysis of Simply Good could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Simply Good Foods 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 Simply Good'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 Simply Good's current price.| Cycle Indicators | ||
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| Volume Indicators |
Simply Good Market Strength Events
Market strength indicators help investors to evaluate how Simply Good stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simply Good shares will generate the highest return on investment. By undertsting and applying Simply Good stock market strength indicators, traders can identify Simply Good Foods entry and exit signals to maximize returns.
| Accumulation Distribution | 54742.02 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 38.84 | |||
| Day Typical Price | 38.67 | |||
| Price Action Indicator | (0.73) | |||
| Period Momentum Indicator | (0.50) | |||
| Relative Strength Index | 66.65 |
Simply Good Risk Indicators
The analysis of Simply Good'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 Simply Good's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting simply 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 | 0.9914 | |||
| Semi Deviation | 0.9016 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.73 | |||
| Downside Variance | 1.3 | |||
| Semi Variance | 0.8129 | |||
| Expected Short fall | (1.12) |
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 Packaged Foods & Meats 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 Simply Good. If investors know Simply 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 Simply Good 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 (0.19) | Earnings Share 1.38 | Revenue Per Share 13.323 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0631 |
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.