CTS Stock Forecast - Daily Balance Of Power
| CTS Stock | USD 56.23 0.60 1.08% |
CTS Stock Forecast is based on your current time horizon.
CTS |
Open Interest Against 2024-12-20 CTS Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CTS'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 CTS's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CTS 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 CTS's open interest, investors have to compare it to CTS'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 CTS 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 CTS. 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 |
| 0.5962 | (0.62) |
| Check CTS Volatility | Backtest CTS | Trend Details |
CTS Trading Date Momentum
| On December 04 2024 CTS Corporation was traded for 55.50 at the closing time. Highest CTS's price during the trading hours was 56.01 and the lowest price during the day was 55.11 . The net volume was 117.1 K. The overall trading history on the 4th of December contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.38% . The overall trading delta to current price is 0.60% . |
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 CTS to competition |
Other Forecasting Options for CTS
For every potential investor in CTS, whether a beginner or expert, CTS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CTS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CTS. Basic forecasting techniques help filter out the noise by identifying CTS's price trends.CTS 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 CTS stock to make a market-neutral strategy. Peer analysis of CTS could also be used in its relative valuation, which is a method of valuing CTS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CTS Corporation 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 CTS'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 CTS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CTS Market Strength Events
Market strength indicators help investors to evaluate how CTS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTS shares will generate the highest return on investment. By undertsting and applying CTS stock market strength indicators, traders can identify CTS Corporation entry and exit signals to maximize returns.
CTS Risk Indicators
The analysis of CTS'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 CTS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cts 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 | 1.49 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Downside Variance | 2.94 | |||
| Semi Variance | 2.1 | |||
| Expected Short fall | (1.69) |
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
Explore Investment Opportunities
Additional Tools for CTS Stock Analysis
When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.