Weis Markets Stock Forecast - Daily Balance Of Power

WMK Stock  USD 68.11  1.08  1.56%   
Weis Stock Forecast is based on your current time horizon. Although Weis Markets' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Weis Markets' systematic risk associated with finding meaningful patterns of Weis Markets fundamentals over time.
  
Fixed Asset Turnover is expected to rise to 5.59 this year, although the value of Inventory Turnover will most likely fall to 10.32. . Common Stock Shares Outstanding is expected to rise to about 27.2 M this year, although the value of Net Income Applicable To Common Shares will most likely fall to about 79.2 M.
On November 1, 2024 Weis Markets had Daily Balance Of Power of 0.9141. Balance of Power indicator (or BOP) measures the strength of Weis Markets market sensitivity to bulls and bears. It estimates the ability of Weis Markets buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Weis Markets Balance of Power indicator one can determine a trend of the price direction.
Check Weis Markets VolatilityBacktest Weis MarketsTrend Details  

Weis Markets Trading Date Momentum

On November 04 2024 Weis Markets was traded for  64.38  at the closing time. Highest Weis Markets's price during the trading hours was 65.61  and the lowest price during the day was  63.78 . The net volume was 93.6 K. The overall trading history on the 4th of November contributed to the next trading period price upswing. The trading price change to the next next day price was 0.67% . The trading price change to current price is 8.62% .
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 Weis Markets

For every potential investor in Weis, whether a beginner or expert, Weis Markets' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Weis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Weis. Basic forecasting techniques help filter out the noise by identifying Weis Markets' price trends.

Weis Markets 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 Weis Markets stock to make a market-neutral strategy. Peer analysis of Weis Markets could also be used in its relative valuation, which is a method of valuing Weis Markets by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Weis Markets 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 Weis Markets' 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 Weis Markets' current price.

Weis Markets Market Strength Events

Market strength indicators help investors to evaluate how Weis Markets stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weis Markets shares will generate the highest return on investment. By undertsting and applying Weis Markets stock market strength indicators, traders can identify Weis Markets entry and exit signals to maximize returns.

Weis Markets Risk Indicators

The analysis of Weis Markets' 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 Weis Markets' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting weis 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.
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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When determining whether Weis Markets is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Weis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:
Check out Historical Fundamental Analysis of Weis Markets to cross-verify your projections.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Consumer Staples Distribution & 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 Weis Markets. If investors know Weis 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 Weis Markets 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
0.116
Dividend Share
1.36
Earnings Share
3.56
Revenue Per Share
176.946
Quarterly Revenue Growth
0.022
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.