First Merchants Stock Forecast - Period Momentum Indicator
| FRME Stock | USD 34.13 0.33 0.96% |
First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Merchants stock prices and determine the direction of First Merchants's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Merchants' historical fundamentals, such as revenue growth or operating cash flow patterns. Although First Merchants' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of First Merchants' systematic risk associated with finding meaningful patterns of First Merchants fundamentals over time.
Check out Historical Fundamental Analysis of First Merchants to cross-verify your projections. First |
Open Interest Against 2024-05-17 First Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast First Merchants' 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 First Merchants' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for First Merchants 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 First Merchants' open interest, investors have to compare it to First Merchants' 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 First Merchants 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 First. 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 First Merchants 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 First Merchants' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets First Merchants' price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.19) | (0.33) |
| Check First Merchants Volatility | Backtest First Merchants | Information Ratio |
First Merchants Trading Date Momentum
| On April 29 2024 First Merchants was traded for 34.13 at the closing time. The top price for the day was 34.91 and the lowest listed price was 33.72 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.56% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare First Merchants to competition |
Other Forecasting Options for First Merchants
For every potential investor in First, whether a beginner or expert, First Merchants' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Merchants' price trends.First Merchants 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 First Merchants stock to make a market-neutral strategy. Peer analysis of First Merchants could also be used in its relative valuation, which is a method of valuing First Merchants by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First Merchants 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 First Merchants' 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 First Merchants' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
First Merchants Market Strength Events
Market strength indicators help investors to evaluate how First Merchants stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Merchants shares will generate the highest return on investment. By undertsting and applying First Merchants stock market strength indicators, traders can identify First Merchants entry and exit signals to maximize returns.
First Merchants Risk Indicators
The analysis of First Merchants' 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 First Merchants' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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 | 1.37 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.41 |
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.
First Merchants Investors Sentiment
The influence of First Merchants' 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 First. 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 First Merchants' public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Merchants. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Merchants' 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 First Merchants' 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 First Merchants' news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Merchants.
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 First Merchants 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, First Merchants' short interest history, or implied volatility extrapolated from First Merchants options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of First Merchants to cross-verify your projections. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for First Stock analysis
When running First Merchants' price analysis, check to measure First Merchants' 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 First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.
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Is First Merchants' 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 First Merchants. If investors know First 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 First Merchants 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 (0.25) | Dividend Share 1.36 | Earnings Share 3.46 | Revenue Per Share 10.629 | Quarterly Revenue Growth (0.10) |
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.