Modine Manufacturing Stock Forecast - Accumulation Distribution
MOD Stock | USD 118.21 2.29 1.90% |
Modine Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Modine Manufacturing stock prices and determine the direction of Modine Manufacturing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Modine Manufacturing's historical fundamentals, such as revenue growth or operating cash flow patterns.
Modine |
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Modine Manufacturing Trading Date Momentum
On December 27 2024 Modine Manufacturing was traded for 118.20 at the closing time. Highest Modine Manufacturing's price during the trading hours was 118.20 and the lowest price during the day was 118.20 . There was no trading activity during the period 0.0. Lack of trading volume on the 27th of December did not cause price change. The trading delta at closing time to current price is 1.94% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Modine Manufacturing
For every potential investor in Modine, whether a beginner or expert, Modine Manufacturing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Modine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Modine. Basic forecasting techniques help filter out the noise by identifying Modine Manufacturing's price trends.Modine Manufacturing 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 Modine Manufacturing stock to make a market-neutral strategy. Peer analysis of Modine Manufacturing could also be used in its relative valuation, which is a method of valuing Modine Manufacturing by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Modine Manufacturing 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 Modine Manufacturing'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 Modine Manufacturing's current price.Cycle Indicators | ||
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Volume Indicators |
Modine Manufacturing Market Strength Events
Market strength indicators help investors to evaluate how Modine Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modine Manufacturing shares will generate the highest return on investment. By undertsting and applying Modine Manufacturing stock market strength indicators, traders can identify Modine Manufacturing entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 118.21 | |||
Day Typical Price | 118.21 | |||
Price Action Indicator | (1.15) | |||
Period Momentum Indicator | (2.29) |
Modine Manufacturing Risk Indicators
The analysis of Modine Manufacturing'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 Modine Manufacturing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting modine 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 | 2.54 | |||
Standard Deviation | 3.34 | |||
Variance | 11.17 |
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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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 Modine Manufacturing is a strong investment it is important to analyze Modine Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modine Manufacturing's future performance. For an informed investment choice regarding Modine Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Modine Manufacturing to cross-verify your projections. For information on how to trade Modine Stock refer to our How to Trade Modine Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Automotive Parts & Equipment space 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 Modine Manufacturing. If investors know Modine 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 Modine Manufacturing 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 (0.01) | Earnings Share 3.04 | Revenue Per Share 47.367 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0984 |
The market value of Modine Manufacturing is measured differently than its book value, which is the value of Modine that is recorded on the company's balance sheet. Investors also form their own opinion of Modine Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Modine Manufacturing'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 Modine Manufacturing's market value can be influenced by many factors that don't directly affect Modine Manufacturing'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 Modine Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modine Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modine Manufacturing'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.