Comtech Telecommunicatio Stock Forecast - Daily Balance Of Power
| CMTL Stock | USD 4.14 0.23 5.26% |
Comtech Stock Forecast is based on your current time horizon. Although Comtech Telecommunicatio's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Comtech Telecommunicatio's systematic risk associated with finding meaningful patterns of Comtech Telecommunicatio fundamentals over time.
Comtech |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.90) | 0.3778 |
| Check Comtech Telecommunicatio Volatility | Backtest Comtech Telecommunicatio | Trend Details |
Comtech Telecommunicatio Trading Date Momentum
| On June 16 2023 Comtech Telecommunications Corp was traded for 8.41 at the closing time. The top price for the day was 9.14 and the lowest listed price was 8.35 . The trading volume for the day was 5.2 M. The trading history from June 16, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.08% . The overall trading delta against the current closing price is 4.74% . |
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 Comtech Telecommunicatio to competition |
Other Forecasting Options for Comtech Telecommunicatio
For every potential investor in Comtech, whether a beginner or expert, Comtech Telecommunicatio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Comtech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Comtech. Basic forecasting techniques help filter out the noise by identifying Comtech Telecommunicatio's price trends.Comtech Telecommunicatio 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 Comtech Telecommunicatio stock to make a market-neutral strategy. Peer analysis of Comtech Telecommunicatio could also be used in its relative valuation, which is a method of valuing Comtech Telecommunicatio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Comtech Telecommunicatio 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 Comtech Telecommunicatio'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 Comtech Telecommunicatio's current price.| Cycle Indicators | ||
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Comtech Telecommunicatio Market Strength Events
Market strength indicators help investors to evaluate how Comtech Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comtech Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Comtech Telecommunicatio stock market strength indicators, traders can identify Comtech Telecommunications Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 60006.55 | |||
| Daily Balance Of Power | (0.53) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 4.3 | |||
| Day Typical Price | 4.24 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | (0.23) |
Comtech Telecommunicatio Risk Indicators
The analysis of Comtech Telecommunicatio'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 Comtech Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting comtech 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 | 4.88 | |||
| Semi Deviation | 6.41 | |||
| Standard Deviation | 6.99 | |||
| Variance | 48.79 | |||
| Downside Variance | 46.56 | |||
| Semi Variance | 41.13 | |||
| Expected Short fall | (5.61) |
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 Communications Equipment 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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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 5.87 | Earnings Share (4.70) | Revenue Per Share 18.765 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0008 |
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.