Comcast Corp Stock Forecast - Daily Balance Of Power

CMCSA Stock  USD 37.98  0.24  0.63%   
Comcast Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Comcast Corp stock prices and determine the direction of Comcast Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Comcast Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 17.02, whereas Inventory Turnover is forecasted to decline to 7.60. . The current year's Net Income Applicable To Common Shares is expected to grow to about 7.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.3 B.
On December 17, 2024 Comcast Corp had Daily Balance Of Power of (0.12). Balance of Power indicator (or BOP) measures the strength of Comcast Corp market sensitivity to bulls and bears. It estimates the ability of Comcast Corp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Comcast Corp Balance of Power indicator one can determine a trend of the price direction.
Check Comcast Corp VolatilityBacktest Comcast CorpTrend Details  

Comcast Corp Trading Date Momentum

On December 18 2024 Comcast Corp was traded for  37.86  at the closing time. The highest daily price throughout the period was 38.94  and the lowest price was  37.79 . The daily volume was 22.6 M. The net trading volume on 12/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.42% . The overall trading delta to current closing price is 1.49% .
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.
Compare Comcast Corp to competition

Other Forecasting Options for Comcast Corp

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

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

Comcast Corp 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 Comcast Corp'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 Comcast Corp's current price.

Comcast Corp Market Strength Events

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

Comcast Corp Risk Indicators

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comcast Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comcast Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comcast Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comcast Corp Stock:
Check out Historical Fundamental Analysis of Comcast Corp to cross-verify your projections.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Cable & Satellite 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 Comcast Corp. If investors know Comcast 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 Comcast Corp 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
(0.04)
Dividend Share
1.22
Earnings Share
3.71
Revenue Per Share
31.292
Quarterly Revenue Growth
0.065
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.