Brown Forman Stock Forecast - Relative Strength Index

BF-A Stock  USD 41.36  0.26  0.63%   
Brown Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brown Forman stock prices and determine the direction of Brown Forman's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brown Forman's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Brown Forman's Receivables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 5.69, whereas Inventory Turnover is forecasted to decline to 0.61. . The current year's Common Stock Shares Outstanding is expected to grow to about 498.6 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 883.3 M.
Brown Forman has current Relative Strength Index of 16.62.
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Brown Forman Trading Date Momentum

On November 29 2024 Brown Forman was traded for  41.36  at the closing time. The top price for the day was 41.54  and the lowest listed price was  40.98 . The trading volume for the day was 52.7 K. The trading history from November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.34% .
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Other Forecasting Options for Brown Forman

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

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

Brown Forman 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 Brown Forman'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 Brown Forman's current price.

Brown Forman Market Strength Events

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

Brown Forman Risk Indicators

The analysis of Brown Forman'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 Brown Forman's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brown 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.

Other Information on Investing in Brown Stock

Brown Forman financial ratios help investors to determine whether Brown Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brown with respect to the benefits of owning Brown Forman security.