Shyft Stock Forecast - Daily Balance Of Power
| SP8 Stock | EUR 11.30 0.50 4.63% |
Shyft Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shyft's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shyft |
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Shyft Trading Date Momentum
| On October 18 2024 The Shyft Group was traded for 11.56 at the closing time. The highest daily price throughout the period was 11.56 and the lowest price was 11.56 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 2.66% . The trading price change to current closing price is 1.78% . |
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 Shyft
For every potential investor in Shyft, whether a beginner or expert, Shyft's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shyft Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shyft. Basic forecasting techniques help filter out the noise by identifying Shyft's price trends.Shyft 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 Shyft stock to make a market-neutral strategy. Peer analysis of Shyft could also be used in its relative valuation, which is a method of valuing Shyft by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shyft Group 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 Shyft'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 Shyft's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shyft Market Strength Events
Market strength indicators help investors to evaluate how Shyft stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shyft shares will generate the highest return on investment. By undertsting and applying Shyft stock market strength indicators, traders can identify The Shyft Group entry and exit signals to maximize returns.
Shyft Risk Indicators
The analysis of Shyft'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 Shyft's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shyft 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 | 2.31 | |||
| Semi Deviation | 3.01 | |||
| Standard Deviation | 3.54 | |||
| Variance | 12.52 | |||
| Downside Variance | 12.19 | |||
| Semi Variance | 9.06 | |||
| Expected Short fall | (2.71) |
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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Other Information on Investing in Shyft Stock
Shyft financial ratios help investors to determine whether Shyft Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shyft with respect to the benefits of owning Shyft security.