Tegna Stock Forecast - Accumulation Distribution
TGNA Stock | USD 18.65 0.26 1.37% |
Tegna Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tegna stock prices and determine the direction of Tegna Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tegna's historical fundamentals, such as revenue growth or operating cash flow patterns.
Tegna |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
25284.88 | 32645.55 |
Check Tegna Volatility | Backtest Tegna | Trend Details |
Tegna Trading Date Momentum
On October 31 2024 Tegna Inc was traded for 16.43 at the closing time. The top price for the day was 16.99 and the lowest listed price was 16.43 . The trading volume for the day was 1.5 M. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.50% . The trading price change against the current closing price is 1.80% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Tegna
For every potential investor in Tegna, whether a beginner or expert, Tegna's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tegna Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tegna. Basic forecasting techniques help filter out the noise by identifying Tegna's price trends.Tegna 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 Tegna stock to make a market-neutral strategy. Peer analysis of Tegna could also be used in its relative valuation, which is a method of valuing Tegna by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Tegna Inc 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 Tegna'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 Tegna's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Tegna Market Strength Events
Market strength indicators help investors to evaluate how Tegna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tegna shares will generate the highest return on investment. By undertsting and applying Tegna stock market strength indicators, traders can identify Tegna Inc entry and exit signals to maximize returns.
Accumulation Distribution | 31247.94 | |||
Daily Balance Of Power | (0.46) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 18.92 | |||
Day Typical Price | 18.83 | |||
Price Action Indicator | (0.40) | |||
Period Momentum Indicator | (0.26) |
Tegna Risk Indicators
The analysis of Tegna'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 Tegna's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tegna 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 | 1.52 | |||
Semi Deviation | 1.24 | |||
Standard Deviation | 2.28 | |||
Variance | 5.18 | |||
Downside Variance | 2.61 | |||
Semi Variance | 1.55 | |||
Expected Short fall | (1.73) |
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 Tegna Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tegna'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 Tegna Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tegna Inc Stock:Check out Historical Fundamental Analysis of Tegna to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Broadcasting 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 Tegna. If investors know Tegna 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 Tegna 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 0.861 | Dividend Share 0.478 | Earnings Share 2.86 | Revenue Per Share 16.9 | Quarterly Revenue Growth 0.131 |
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna'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 Tegna's market value can be influenced by many factors that don't directly affect Tegna'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 Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna'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.