Walgreens Boots Stock Forecast - Period Momentum Indicator
| W8A Stock | EUR 9.69 1.17 13.73% |
Walgreens Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Walgreens Boots' historical fundamentals, such as revenue growth or operating cash flow patterns.
Walgreens |
| Check Walgreens Boots Volatility | Backtest Walgreens Boots | Trend Details |
Walgreens Boots Trading Date Momentum
| On December 03 2024 Walgreens Boots Alliance was traded for 8.40 at the closing time. The highest daily price throughout the period was 8.57 and the lowest price was 8.40 . The daily volume was 700. The net trading volume on 12/03/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.78% . The trading price change to current closing price is 6.13% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Walgreens Boots
For every potential investor in Walgreens, whether a beginner or expert, Walgreens Boots' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Walgreens Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Walgreens. Basic forecasting techniques help filter out the noise by identifying Walgreens Boots' price trends.Walgreens Boots 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 Walgreens Boots stock to make a market-neutral strategy. Peer analysis of Walgreens Boots could also be used in its relative valuation, which is a method of valuing Walgreens Boots by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Walgreens Boots Alliance 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 Walgreens Boots' 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 Walgreens Boots' current price.| Cycle Indicators | ||
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| Volume Indicators |
Walgreens Boots Market Strength Events
Market strength indicators help investors to evaluate how Walgreens Boots stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Walgreens Boots shares will generate the highest return on investment. By undertsting and applying Walgreens Boots stock market strength indicators, traders can identify Walgreens Boots Alliance entry and exit signals to maximize returns.
Walgreens Boots Risk Indicators
The analysis of Walgreens Boots' 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 Walgreens Boots' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting walgreens 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 | 2.55 | |||
| Semi Deviation | 2.39 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.63 | |||
| Downside Variance | 7.38 | |||
| Semi Variance | 5.7 | |||
| Expected Short fall | (3.17) |
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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Additional Information and Resources on Investing in Walgreens Stock
When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' 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 Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:Check out Historical Fundamental Analysis of Walgreens Boots to cross-verify your projections. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.