Franklin Electric Stock Forecast - Relative Strength Index
| FELE Stock | USD 96.27 6.97 6.75% |
Franklin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Franklin Electric stock prices and determine the direction of Franklin Electric Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Franklin Electric's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Franklin Electric's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Franklin Electric's systematic risk associated with finding meaningful patterns of Franklin Electric fundamentals over time.
Check out Historical Fundamental Analysis of Franklin Electric to cross-verify your projections. Franklin |
Open Interest Against 2024-05-17 Franklin Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Franklin Electric's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Franklin Electric's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Franklin Electric stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Franklin Electric's open interest, investors have to compare it to Franklin Electric's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Franklin Electric is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Franklin. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Franklin Electric cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Franklin Electric's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Franklin Electric's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Franklin Electric Volatility | Backtest Franklin Electric | Information Ratio |
Franklin Electric Trading Date Momentum
| On April 30 2024 Franklin Electric Co was traded for 96.27 at the closing time. The top price for the day was 102.10 and the lowest listed price was 95.78 . The trading volume for the day was 429.2 K. The trading history from April 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.05% . |
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Other Forecasting Options for Franklin Electric
For every potential investor in Franklin, whether a beginner or expert, Franklin Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Electric's price trends.Franklin Electric 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 Franklin Electric stock to make a market-neutral strategy. Peer analysis of Franklin Electric could also be used in its relative valuation, which is a method of valuing Franklin Electric by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Franklin Electric 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 Franklin Electric'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 Franklin Electric's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Franklin Electric Market Strength Events
Market strength indicators help investors to evaluate how Franklin Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Electric shares will generate the highest return on investment. By undertsting and applying Franklin Electric stock market strength indicators, traders can identify Franklin Electric Co entry and exit signals to maximize returns.
| Accumulation Distribution | 26565.11 | |||
| Daily Balance Of Power | (1.10) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 98.94 | |||
| Day Typical Price | 98.05 | |||
| Price Action Indicator | (6.16) | |||
| Period Momentum Indicator | (6.97) | |||
| Relative Strength Index | 32.38 |
Franklin Electric Risk Indicators
The analysis of Franklin Electric'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 Franklin Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin 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 | 1.01 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Downside Variance | 3.88 | |||
| Semi Variance | 3.57 | |||
| Expected Short fall | (0.90) |
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.
Franklin Electric Investors Sentiment
The influence of Franklin Electric's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Franklin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Franklin Electric's public news can be used to forecast risks associated with an investment in Franklin. The trend in average sentiment can be used to explain how an investor holding Franklin can time the market purely based on public headlines and social activities around Franklin Electric Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Franklin Electric's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Franklin Electric's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Franklin Electric's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Franklin Electric.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Electric in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Electric's short interest history, or implied volatility extrapolated from Franklin Electric options trading.
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Complementary Tools for Franklin Stock analysis
When running Franklin Electric's price analysis, check to measure Franklin Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Electric is operating at the current time. Most of Franklin Electric's value examination focuses on studying past and present price action to predict the probability of Franklin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Electric's price. Additionally, you may evaluate how the addition of Franklin Electric to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Electric's industry 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 Franklin Electric. If investors know Franklin 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 Franklin Electric 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 (0.02) | Dividend Share 0.9 | Earnings Share 4.11 | Revenue Per Share 44.7 | Quarterly Revenue Growth (0.03) |
The market value of Franklin Electric is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Electric's value that differs from its market value or its book value, called intrinsic value, which is Franklin Electric'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 Franklin Electric's market value can be influenced by many factors that don't directly affect Franklin Electric'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 Franklin Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Electric'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.