Daktronics Stock Forecast - Daily Balance Of Power
| DAKT Stock | USD 19.24 0.97 5.31% |
Daktronics Stock Forecast is based on your current time horizon.
Daktronics |
Open Interest Against 2024-12-20 Daktronics Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Daktronics' 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 Daktronics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Daktronics 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 Daktronics' open interest, investors have to compare it to Daktronics' 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 Daktronics 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 Daktronics. 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 |
| 0.6842 | (0.35) |
| Check Daktronics Volatility | Backtest Daktronics | Trend Details |
Daktronics Trading Date Momentum
| On October 21 2024 Daktronics was traded for 13.56 at the closing time. The top price for the day was 13.78 and the lowest listed price was 13.52 . The trading volume for the day was 526.7 K. The trading history from October 21, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.07% . The overall trading delta against the current closing price is 2.95% . |
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 Daktronics to competition |
Other Forecasting Options for Daktronics
For every potential investor in Daktronics, whether a beginner or expert, Daktronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Daktronics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Daktronics. Basic forecasting techniques help filter out the noise by identifying Daktronics' price trends.Daktronics 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 Daktronics stock to make a market-neutral strategy. Peer analysis of Daktronics could also be used in its relative valuation, which is a method of valuing Daktronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Daktronics 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 Daktronics' 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 Daktronics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Daktronics Market Strength Events
Market strength indicators help investors to evaluate how Daktronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daktronics shares will generate the highest return on investment. By undertsting and applying Daktronics stock market strength indicators, traders can identify Daktronics entry and exit signals to maximize returns.
Daktronics Risk Indicators
The analysis of Daktronics' 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 Daktronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daktronics 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 | 1.93 | |||
| Semi Deviation | 1.73 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.92 | |||
| Downside Variance | 5.37 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (2.34) |
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 Daktronics Stock Analysis
When running Daktronics' price analysis, check to measure Daktronics' 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 Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.