CME Stock Forecast - Market Facilitation Index
| CME Stock | USD 206.48 0.25 0.12% |
CME Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CME stock prices and determine the direction of CME Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CME's historical fundamentals, such as revenue growth or operating cash flow patterns. Although CME's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CME's systematic risk associated with finding meaningful patterns of CME fundamentals over time.
Check out Historical Fundamental Analysis of CME to cross-verify your projections. CME |
Open Interest Against 2024-04-19 CME Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CME'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 CME's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CME 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 CME's open interest, investors have to compare it to CME'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 CME 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 CME. 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 CME 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 CME's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CME's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check CME Volatility | Backtest CME | Information Ratio |
CME Trading Date Momentum
| On April 17 2024 CME Group was traded for 206.48 at the closing time. Highest CME's price during the trading hours was 208.75 and the lowest price during the day was 206.15 . There was no trading activity during the period 0.0. Lack of trading volume on the 17th of April 2024 did not affect price variability. The overall trading delta to current price is 0.42% . |
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 CME to competition |
Other Forecasting Options for CME
For every potential investor in CME, whether a beginner or expert, CME's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CME Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CME. Basic forecasting techniques help filter out the noise by identifying CME's price trends.CME 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 CME stock to make a market-neutral strategy. Peer analysis of CME could also be used in its relative valuation, which is a method of valuing CME by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CME Group 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 CME'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 CME's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CME Market Strength Events
Market strength indicators help investors to evaluate how CME stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CME shares will generate the highest return on investment. By undertsting and applying CME stock market strength indicators, traders can identify CME Group entry and exit signals to maximize returns.
CME Risk Indicators
The analysis of CME'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 CME's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cme 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 | 0.8067 | |||
| Semi Deviation | 0.9179 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.11 | |||
| Downside Variance | 1.07 | |||
| Semi Variance | 0.8425 | |||
| Expected Short fall | (0.82) |
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.
Pair Trading with CME
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CME position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CME will appreciate offsetting losses from the drop in the long position's value.Moving together with CME Stock
| 0.87 | ICE | Intercontinental Exchange Financial Report 2nd of May 2024 | PairCorr |
Moving against CME Stock
| 0.71 | DHIL | Diamond Hill Investment | PairCorr |
| 0.68 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
| 0.57 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.55 | SPGI | SP Global Financial Report 25th of April 2024 | PairCorr |
| 0.47 | VALU | Value Line | PairCorr |
The ability to find closely correlated positions to CME could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CME when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CME - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CME Group to buy it.
The correlation of CME is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CME moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CME Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CME can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of CME to cross-verify your projections. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for CME Stock analysis
When running CME's price analysis, check to measure CME'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 CME is operating at the current time. Most of CME's value examination focuses on studying past and present price action to predict the probability of CME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CME's price. Additionally, you may evaluate how the addition of CME to your portfolios can decrease your overall portfolio volatility.
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Is CME'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 CME. If investors know CME 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 CME 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 0.276 | Dividend Share 4.4 | Earnings Share 8.88 | Revenue Per Share 15.512 | Quarterly Revenue Growth 0.192 |
The market value of CME Group is measured differently than its book value, which is the value of CME that is recorded on the company's balance sheet. Investors also form their own opinion of CME's value that differs from its market value or its book value, called intrinsic value, which is CME'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 CME's market value can be influenced by many factors that don't directly affect CME'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 CME's value and its price as these two are different measures arrived at by different means. Investors typically determine if CME is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CME'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.