JM Smucker Stock Forecast - Daily Balance Of Power

SJM
 Stock
  

USD 155.49  0.19  0.12%   

JM Smucker Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JM Smucker historical stock prices and determine the direction of JM Smucker's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of JM Smucker historical fundamentals such as revenue growth or operating cash flow patterns. Although JM Smucker naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of JM Smucker systematic risk associated with finding meaningful patterns of JM Smucker fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of JM Smucker to cross-verify your projections.
  
JM Smucker Asset Turnover is relatively stable at the moment as compared to the past year. The company's current value of Asset Turnover is estimated at 0.57. JM Smucker Weighted Average Shares is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 121.65 Million. Weighted Average Shares Diluted is expected to hike to about 121.7 M this year, although the value of Issuance Purchase of Equity Shares will most likely fall to (520.6 M).

Open Interest Agains t 2022-12-16 JM Smucker Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast JM Smucker'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 JM Smucker's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies JM Smucker stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current JM Smucker's open interest, investors have to compare it to JM Smucker'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 JM Smucker 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 JM Smucker. 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.
JM Smucker has current Daily Balance Of Power of 0.
Most investors in JM Smucker cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the JM Smucker's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets JM Smucker's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of JM Smucker market sensitivity to bulls and bears. It estimates the ability of JM Smucker buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring JM Smucker Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.44760
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JM Smucker Trading Date Momentum

On December 08 2022 JM Smucker was traded for  155.49  at the closing time. Highest JM Smucker's price during the trading hours was 156.78  and the lowest price during the day was  154.36 . The net volume was 624 K. The overall trading history on the 8th of December did not cause price change. The trading delta at closing time to current price is 0.13% .
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.
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Other Forecasting Options for JM Smucker

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

JM Smucker 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 JM Smucker stock to make a market-neutral strategy. Peer analysis of JM Smucker could also be used in its relative valuation, which is a method of valuing JM Smucker by comparing valuation metrics with similar companies.
American ExpressAlcoa CorpMicrosoftCisco SystemsCaterpillarIntelInternational BusinessAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USA
 Risk & Return  Correlation

JM Smucker 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 JM Smucker'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 JM Smucker's current price.

JM Smucker Risk Indicators

The analysis of JM Smucker's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in JM Smucker's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting JM Smucker stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in JM Smucker without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Historical Fundamental Analysis of JM Smucker to cross-verify your projections. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is JM Smucker's industry 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 JM Smucker. If investors know JM Smucker 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 JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of JM Smucker is measured differently than its book value, which is the value of JM Smucker that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker'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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker'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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine JM Smucker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker'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.