Franchise Stock Forecast - Daily Balance Of Power

FRGDelisted Stock  USD 29.70  0.03  0.10%   
Franchise Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Franchise's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On June 7, 2023 Franchise Group had Daily Balance Of Power of (0.97). Balance of Power indicator (or BOP) measures the strength of Franchise Group market sensitivity to bulls and bears. It estimates the ability of Franchise buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Franchise Balance of Power indicator one can determine a trend of the price direction.
Check Franchise VolatilityBacktest FranchiseTrend Details  

Franchise Trading Date Momentum

On June 08 2023 Franchise Group was traded for  29.17  at the closing time. Highest Franchise's price during the trading hours was 29.27  and the lowest price during the day was  29.10 . The net volume was 1.4 M. The overall trading history on the 8th of June contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.10% . The overall trading delta to current price is 0.65% .
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 Franchise to competition

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

Franchise Market Strength Events

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

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Franchise Stock

If you are still planning to invest in Franchise Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Franchise's history and understand the potential risks before investing.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Stocks Directory
Find actively traded stocks across global markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories