Shoe Carnival Stock Forecast - Accumulation Distribution
| SCVL Stock | USD 33.85 0.37 1.11% |
Shoe Stock Forecast is based on your current time horizon. Although Shoe Carnival's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Shoe Carnival's systematic risk associated with finding meaningful patterns of Shoe Carnival fundamentals over time.
Shoe |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 22069.53 | 11549.94 |
| Check Shoe Carnival Volatility | Backtest Shoe Carnival | Trend Details |
Shoe Carnival Trading Date Momentum
| On September 05 2024 Shoe Carnival was traded for 40.50 at the closing time. The top price for the day was 43.11 and the lowest listed price was 39.54 . The trading volume for the day was 1 M. The trading history from September 5, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 8.20% . The trading price change against the current closing price is 6.65% . |
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
| Compare Shoe Carnival to competition |
Other Forecasting Options for Shoe Carnival
For every potential investor in Shoe, whether a beginner or expert, Shoe Carnival's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shoe Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shoe. Basic forecasting techniques help filter out the noise by identifying Shoe Carnival's price trends.Shoe Carnival 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 Shoe Carnival stock to make a market-neutral strategy. Peer analysis of Shoe Carnival could also be used in its relative valuation, which is a method of valuing Shoe Carnival by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shoe Carnival 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 Shoe Carnival'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 Shoe Carnival's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shoe Carnival Market Strength Events
Market strength indicators help investors to evaluate how Shoe Carnival stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shoe Carnival shares will generate the highest return on investment. By undertsting and applying Shoe Carnival stock market strength indicators, traders can identify Shoe Carnival entry and exit signals to maximize returns.
| Accumulation Distribution | 40208.04 | |||
| Daily Balance Of Power | 0.1595 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 34.81 | |||
| Day Typical Price | 34.49 | |||
| Price Action Indicator | (0.77) | |||
| Period Momentum Indicator | 0.37 | |||
| Relative Strength Index | 41.66 |
Shoe Carnival Risk Indicators
The analysis of Shoe Carnival'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 Shoe Carnival's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shoe 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 | 2.06 | |||
| Standard Deviation | 2.84 | |||
| Variance | 8.08 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Shoe Carnival to cross-verify your projections. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Specialty Retail 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival 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 0.155 | Dividend Share 0.51 | Earnings Share 2.82 | Revenue Per Share 45.392 | Quarterly Revenue Growth 0.129 |
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival'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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival'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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival'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.