Figs Stock Forecast - Rate Of Daily Change

FIGS Stock  USD 5.41  0.22  4.24%   
Figs Stock Forecast is based on your current time horizon.
  
At this time, Figs' Inventory Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.65 in 2024, whereas Payables Turnover is likely to drop 5.74 in 2024. . Common Stock Shares Outstanding is likely to gain to about 188.3 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 16.9 M in 2024.

Open Interest Against 2024-12-20 Figs Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Figs' 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 Figs' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Figs 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 Figs' open interest, investors have to compare it to Figs' 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 Figs 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 Figs. 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.
Figs Inc has current Rate Of Daily Change of 1.04. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Figs.
Check Figs VolatilityBacktest FigsInformation Ratio  

Figs Trading Date Momentum

On December 03 2024 Figs Inc was traded for  5.41  at the closing time. The top price for the day was 5.49  and the lowest listed price was  5.10 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.44% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare Figs to competition

Other Forecasting Options for Figs

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

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

Figs Inc 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 Figs' 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 Figs' current price.

Figs Market Strength Events

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

Figs Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Figs Stock Analysis

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