CarMax Stock Forecast - Market Facilitation Index
| XA4 Stock | EUR 78.82 0.70 0.88% |
CarMax Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CarMax's historical fundamentals, such as revenue growth or operating cash flow patterns.
CarMax |
| Check CarMax Volatility | Backtest CarMax | Trend Details |
CarMax Trading Date Momentum
| On December 20 2024 CarMax Inc was traded for 80.46 at the closing time. The highest daily price throughout the period was 80.46 and the lowest price was 80.46 . The daily volume was 100.0. The net trading volume on 12/20/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 4.17% . The overall trading delta to current closing price is 4.84% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare CarMax to competition
CarMax 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 CarMax stock to make a market-neutral strategy. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CarMax Market Strength Events
Market strength indicators help investors to evaluate how CarMax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CarMax shares will generate the highest return on investment. By undertsting and applying CarMax stock market strength indicators, traders can identify CarMax Inc entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 78.82 | |||
| Day Typical Price | 78.82 | |||
| Price Action Indicator | (0.35) | |||
| Period Momentum Indicator | (0.70) |
CarMax Risk Indicators
The analysis of CarMax'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 CarMax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carmax 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 | 1.38 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.39 | |||
| Downside Variance | 2.75 | |||
| Semi Variance | 2.1 | |||
| Expected Short fall | (1.56) |
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.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in CarMax Stock
When determining whether CarMax Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CarMax'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 Carmax Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carmax Inc Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.