Steelcase Stock Forecast - Day Median Price

SCS Stock  USD 13.01  0.07  0.54%   
Steelcase Stock Forecast is based on your current time horizon.
  
At this time, Steelcase's Inventory Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 7.15 in 2024, whereas Payables Turnover is likely to drop 9.29 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 209.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 108.5 M in 2024.
Steelcase has current Day Median Price of 12.94. Median Price is the statistical median of an asset price for a given trading period.
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Steelcase Trading Date Momentum

On December 15 2024 Steelcase was traded for  13.01  at the closing time. Highest Steelcase's price during the trading hours was 13.07  and the lowest price during the day was  12.80 . There was no trading activity during the period 0.0. Lack of trading volume on the 15th of December 2024 did not result in any price rise and fall. The trading price change to current price is 1.46% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Steelcase

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

Steelcase 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 Steelcase stock to make a market-neutral strategy. Peer analysis of Steelcase could also be used in its relative valuation, which is a method of valuing Steelcase by comparing valuation metrics with similar companies.
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Steelcase 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 Steelcase'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 Steelcase's current price.

Steelcase Market Strength Events

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

Steelcase Risk Indicators

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

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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.
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Additional Tools for Steelcase Stock Analysis

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