Bassett Furniture Stock Forecast - Market Facilitation Index
| BSET Stock | USD 14.76 0.24 1.60% |
Bassett Stock Forecast is based on your current time horizon.
Bassett |
Open Interest Against 2024-10-18 Bassett Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Bassett Furniture'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 Bassett Furniture's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Bassett Furniture 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 Bassett Furniture's open interest, investors have to compare it to Bassett Furniture'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 Bassett Furniture 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 Bassett. 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.
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Bassett Furniture Trading Date Momentum
| On September 23 2024 Bassett Furniture Industries was traded for 14.76 at the closing time. The top price for the day was 14.92 and the lowest listed price was 14.70 . The trading volume for the day was 25.3 K. The trading history from September 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.08% . |
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.
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Other Forecasting Options for Bassett Furniture
For every potential investor in Bassett, whether a beginner or expert, Bassett Furniture's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bassett Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bassett. Basic forecasting techniques help filter out the noise by identifying Bassett Furniture's price trends.Bassett Furniture 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 Bassett Furniture stock to make a market-neutral strategy. Peer analysis of Bassett Furniture could also be used in its relative valuation, which is a method of valuing Bassett Furniture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bassett Furniture 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 Bassett Furniture'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 Bassett Furniture's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bassett Furniture Market Strength Events
Market strength indicators help investors to evaluate how Bassett Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bassett Furniture shares will generate the highest return on investment. By undertsting and applying Bassett Furniture stock market strength indicators, traders can identify Bassett Furniture Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 372.81 | |||
| Daily Balance Of Power | (1.09) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 14.81 | |||
| Day Typical Price | 14.79 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.24) | |||
| Relative Strength Index | 88.18 |
Bassett Furniture Risk Indicators
The analysis of Bassett Furniture'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 Bassett Furniture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bassett 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 | |||
| Semi Deviation | 1.5 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.28 | |||
| Downside Variance | 2.85 | |||
| Semi Variance | 2.24 | |||
| Expected Short fall | (1.54) |
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.
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Additional Tools for Bassett Stock Analysis
When running Bassett Furniture's price analysis, check to measure Bassett Furniture'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 Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.