El Pollo Stock Forecast - Daily Balance Of Power
| LOCO Stock | USD 12.38 0.08 0.64% |
LOCO Stock Forecast is based on your current time horizon. Although El Pollo's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of El Pollo's systematic risk associated with finding meaningful patterns of El Pollo fundamentals over time.
LOCO |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.50) | (0.65) |
| Check El Pollo Volatility | Backtest El Pollo | Trend Details |
El Pollo Trading Date Momentum
| On December 15 2024 El Pollo Loco was traded for 12.38 at the closing time. The top price for the day was 12.51 and the lowest listed price was 12.31 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.05% . |
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 El Pollo to competition |
Other Forecasting Options for El Pollo
For every potential investor in LOCO, whether a beginner or expert, El Pollo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LOCO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LOCO. Basic forecasting techniques help filter out the noise by identifying El Pollo's price trends.El Pollo 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 El Pollo stock to make a market-neutral strategy. Peer analysis of El Pollo could also be used in its relative valuation, which is a method of valuing El Pollo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
El Pollo Loco 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 El Pollo'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 El Pollo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
El Pollo Market Strength Events
Market strength indicators help investors to evaluate how El Pollo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading El Pollo shares will generate the highest return on investment. By undertsting and applying El Pollo stock market strength indicators, traders can identify El Pollo Loco entry and exit signals to maximize returns.
El Pollo Risk Indicators
The analysis of El Pollo'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 El Pollo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting loco 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 | 1.35 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.1 |
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.
Pair Trading with El Pollo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if El Pollo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in El Pollo will appreciate offsetting losses from the drop in the long position's value.Moving together with LOCO Stock
Moving against LOCO Stock
| 0.79 | EAT | Brinker International | PairCorr |
| 0.75 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.74 | CHH | Choice Hotels Intern | PairCorr |
| 0.72 | BYD | Boyd Gaming | PairCorr |
| 0.72 | KRUS | Kura Sushi USA | PairCorr |
The ability to find closely correlated positions to El Pollo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace El Pollo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back El Pollo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling El Pollo Loco to buy it.
The correlation of El Pollo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as El Pollo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if El Pollo Loco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for El Pollo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of El Pollo to cross-verify your projections. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Hotels, Restaurants & Leisure 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 El Pollo. If investors know LOCO 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 El Pollo 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 (0.24) | Earnings Share 0.79 | Revenue Per Share 15.422 | Return On Assets 0.0435 | Return On Equity 0.0937 |
The market value of El Pollo Loco is measured differently than its book value, which is the value of LOCO that is recorded on the company's balance sheet. Investors also form their own opinion of El Pollo's value that differs from its market value or its book value, called intrinsic value, which is El Pollo'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 El Pollo's market value can be influenced by many factors that don't directly affect El Pollo'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 El Pollo's value and its price as these two are different measures arrived at by different means. Investors typically determine if El Pollo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, El Pollo'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.