BJs Wholesale Stock Forecast - Daily Balance Of Power
| BJ Stock | USD 99.75 1.82 1.86% |
BJs Stock Forecast is based on your current time horizon. Although BJs Wholesale's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BJs Wholesale's systematic risk associated with finding meaningful patterns of BJs Wholesale fundamentals over time.
BJs |
Open Interest Against 2024-12-20 BJs Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast BJs Wholesale's 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 BJs Wholesale's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for BJs Wholesale 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 BJs Wholesale's open interest, investors have to compare it to BJs Wholesale's 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 BJs Wholesale 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 BJs. 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.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.8595 | (0.60) |
| Check BJs Wholesale Volatility | Backtest BJs Wholesale | Trend Details |
BJs Wholesale Trading Date Momentum
| On February 05 2024 BJs Wholesale Club was traded for 65.32 at the closing time. The highest price during the trading period was 65.52 and the lowest recorded bid was listed for 64.06 . The volume for the day was 1.2 M. This history from February 5, 2024 contributed to the next trading day price surge. The overall trading delta to the next closing price was 1.26% . The overall trading delta to the current price is 1.53% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for BJs Wholesale
For every potential investor in BJs, whether a beginner or expert, BJs Wholesale's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BJs Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BJs. Basic forecasting techniques help filter out the noise by identifying BJs Wholesale's price trends.BJs Wholesale 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 BJs Wholesale stock to make a market-neutral strategy. Peer analysis of BJs Wholesale could also be used in its relative valuation, which is a method of valuing BJs Wholesale by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BJs Wholesale Club 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 BJs Wholesale'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 BJs Wholesale's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
BJs Wholesale Market Strength Events
Market strength indicators help investors to evaluate how BJs Wholesale stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BJs Wholesale shares will generate the highest return on investment. By undertsting and applying BJs Wholesale stock market strength indicators, traders can identify BJs Wholesale Club entry and exit signals to maximize returns.
BJs Wholesale Risk Indicators
The analysis of BJs Wholesale'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 BJs Wholesale's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bjs 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 | 1.09 | |||
| Semi Deviation | 0.4774 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Downside Variance | 0.7345 | |||
| Semi Variance | 0.2279 | |||
| Expected Short fall | (1.38) |
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.
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Is Consumer Staples Distribution & 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 BJs Wholesale. If investors know BJs 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 BJs Wholesale 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 0.113 | Earnings Share 4.17 | Revenue Per Share 153.894 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0733 |
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale'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 BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale'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 BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale'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.