Varex Imaging Stock Forecast - Rate Of Daily Change
| VREX Stock | USD 15.59 0.84 5.11% |
Varex Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Varex Imaging stock prices and determine the direction of Varex Imaging Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Varex Imaging's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Varex Imaging's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Varex Imaging's systematic risk associated with finding meaningful patterns of Varex Imaging fundamentals over time.
Check out Historical Fundamental Analysis of Varex Imaging to cross-verify your projections. Varex |
Open Interest Against 2024-05-17 Varex Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Varex Imaging'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 Varex Imaging's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Varex Imaging 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 Varex Imaging's open interest, investors have to compare it to Varex Imaging'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 Varex Imaging 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 Varex. 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 Varex Imaging 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 Varex Imaging's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Varex Imaging's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Varex Imaging.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.07 | 0.95 |
| Check Varex Imaging Volatility | Backtest Varex Imaging | Information Ratio |
Varex Imaging Trading Date Momentum
| On May 05 2024 Varex Imaging Corp was traded for 15.59 at the closing time. The top price for the day was 16.04 and the lowest listed price was 14.56 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 6.54% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Varex Imaging to competition |
Other Forecasting Options for Varex Imaging
For every potential investor in Varex, whether a beginner or expert, Varex Imaging's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Varex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Varex. Basic forecasting techniques help filter out the noise by identifying Varex Imaging's price trends.Varex Imaging 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 Varex Imaging stock to make a market-neutral strategy. Peer analysis of Varex Imaging could also be used in its relative valuation, which is a method of valuing Varex Imaging by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Varex Imaging Corp 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 Varex Imaging'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 Varex Imaging's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Varex Imaging Market Strength Events
Market strength indicators help investors to evaluate how Varex Imaging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Varex Imaging shares will generate the highest return on investment. By undertsting and applying Varex Imaging stock market strength indicators, traders can identify Varex Imaging Corp entry and exit signals to maximize returns.
Varex Imaging Risk Indicators
The analysis of Varex Imaging'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 Varex Imaging's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting varex 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 | 1.41 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.02 |
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.
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 Varex Imaging 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, Varex Imaging's short interest history, or implied volatility extrapolated from Varex Imaging options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Varex Imaging Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Varex Imaging'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 Varex Imaging Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Varex Imaging Corp Stock:Check out Historical Fundamental Analysis of Varex Imaging to cross-verify your projections. Note that the Varex Imaging Corp information on this page should be used as a complementary analysis to other Varex Imaging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Varex Stock analysis
When running Varex Imaging's price analysis, check to measure Varex Imaging'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 Varex Imaging is operating at the current time. Most of Varex Imaging's value examination focuses on studying past and present price action to predict the probability of Varex Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varex Imaging's price. Additionally, you may evaluate how the addition of Varex Imaging to your portfolios can decrease your overall portfolio volatility.
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Is Varex Imaging'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 Varex Imaging. If investors know Varex 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 Varex Imaging 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 (0.70) | Earnings Share 0.92 | Revenue Per Share 21.131 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0309 |
The market value of Varex Imaging Corp is measured differently than its book value, which is the value of Varex that is recorded on the company's balance sheet. Investors also form their own opinion of Varex Imaging's value that differs from its market value or its book value, called intrinsic value, which is Varex Imaging'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 Varex Imaging's market value can be influenced by many factors that don't directly affect Varex Imaging'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 Varex Imaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Varex Imaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varex Imaging'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.