Sanmina Stock Forecast - Price Action Indicator

SAYN Stock  EUR 76.04  1.84  2.48%   
Sanmina Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sanmina's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sanmina has current Price Action Indicator of 1.62. 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.
Check Sanmina VolatilityBacktest SanminaInformation Ratio  

Sanmina Trading Date Momentum

On December 02 2024 Sanmina was traded for  76.04  at the closing time. The maximum traded price for the trading interval was 76.04  and the lowest daily price was  74.64 . The daily volume was recorded at 10.0. The volume of trading on 2nd of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 1.84% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Sanmina to competition

Other Forecasting Options for Sanmina

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

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

Sanmina 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 Sanmina'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 Sanmina's current price.

Sanmina Market Strength Events

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

Sanmina Risk Indicators

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

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Sanmina Stock

When determining whether Sanmina is a strong investment it is important to analyze Sanmina'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 Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Sanmina to cross-verify your projections.
For more detail on how to invest in Sanmina Stock please use our How to Invest in Sanmina guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina'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.