Mercury General Stock Forecast - Relative Strength Index

MCY Stock  USD 68.19  0.78  1.16%   
Mercury Stock Forecast is based on your current time horizon.
  
At this time, Mercury General's Payables Turnover is fairly stable compared to the past year. Asset Turnover is likely to rise to 0.76 in 2024, whereas Inventory Turnover is likely to drop (0.25) in 2024. . Common Stock Shares Outstanding is likely to drop to about 59.7 M in 2024. Net Loss is likely to rise to about (438.3 M) in 2024.
On December 22, 2024 Mercury General had Relative Strength Index of 0.
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Mercury General Trading Date Momentum

On December 22 2024 Mercury General was traded for  68.19  at the closing time. Highest Mercury General's price during the trading hours was 68.96  and the lowest price during the day was  66.08 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of December did not cause price change. The trading delta at closing time to current price is 1.50% .
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Other Forecasting Options for Mercury General

For every potential investor in Mercury, whether a beginner or expert, Mercury General's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mercury Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mercury. Basic forecasting techniques help filter out the noise by identifying Mercury General's price trends.

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

Mercury General 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 Mercury General'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 Mercury General's current price.

Mercury General Market Strength Events

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

Mercury General Risk Indicators

The analysis of Mercury General'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 Mercury General's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mercury 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.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mercury Stock Analysis

When running Mercury General's price analysis, check to measure Mercury General'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 Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.