Marine Products Stock Forecast - Price Action Indicator

MPX Stock  USD 9.70  0.11  1.12%   
Marine Stock Forecast is based on your current time horizon.
  
At this time, Marine Products' Inventory Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 142.07 in 2024, whereas Payables Turnover is likely to drop 46.84 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 47.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 29.6 M in 2024.
Marine Products has current Price Action Indicator of (0.1). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Marine Products Trading Date Momentum

On November 18 2024 Marine Products was traded for  9.70  at the closing time. Highest Marine Products's price during the trading hours was 9.86  and the lowest price during the day was  9.62 . There was no trading activity during the period 0.0. Lack of trading volume on the 18th of November 2024 did not cause price change. The trading delta at closing time to current price is 1.13% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Marine Products

For every potential investor in Marine, whether a beginner or expert, Marine Products' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Marine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Marine. Basic forecasting techniques help filter out the noise by identifying Marine Products' price trends.

Marine Products 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 Marine Products stock to make a market-neutral strategy. Peer analysis of Marine Products could also be used in its relative valuation, which is a method of valuing Marine Products by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Marine Products 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 Marine Products' 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 Marine Products' current price.

Marine Products Market Strength Events

Market strength indicators help investors to evaluate how Marine Products stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marine Products shares will generate the highest return on investment. By undertsting and applying Marine Products stock market strength indicators, traders can identify Marine Products entry and exit signals to maximize returns.

Marine Products Risk Indicators

The analysis of Marine Products' 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 Marine Products' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting marine 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.
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.

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.

Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.