CARGOJET Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CARGOJET INC's historical fundamentals, such as revenue growth or operating cash flow patterns.
CARGOJET
On December 9, 2024 CARGOJET INC VAR had Day Typical Price of 76.0. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 11 2024 CARGOJET INC VAR was traded for 75.50 at the closing time. The maximum traded price for the trading interval was 77.00 and the lowest daily price was 75.50 . There was no trading activity during the period 0.0. Lack of trading volume on 11th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.66% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in CARGOJET, whether a beginner or expert, CARGOJET INC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CARGOJET Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CARGOJET. Basic forecasting techniques help filter out the noise by identifying CARGOJET INC's price trends.
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 CARGOJET INC stock to make a market-neutral strategy. Peer analysis of CARGOJET INC could also be used in its relative valuation, which is a method of valuing CARGOJET INC by comparing valuation metrics with similar companies.
CARGOJET INC VAR 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 CARGOJET INC'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 CARGOJET INC's current price.
Market strength indicators help investors to evaluate how CARGOJET INC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CARGOJET INC shares will generate the highest return on investment. By undertsting and applying CARGOJET INC stock market strength indicators, traders can identify CARGOJET INC VAR entry and exit signals to maximize returns.
The analysis of CARGOJET INC'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 CARGOJET INC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cargojet 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.
CARGOJET INC financial ratios help investors to determine whether CARGOJET 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 CARGOJET with respect to the benefits of owning CARGOJET INC security.