Looking at stock performance over the past year, we note that The Andersons, Inc. (NASDAQ:ANDE) has seen a rise. Over the last 52-weeks, the stock has moved 2.50% to the upside. Investors will be watching to see if positive momentum will continue as we move further into the current year.
Many traders and investors opt to study technical analysis when approaching the stock market. Technical analysts study changes in stock price that occur over various amounts of time. Some analysts will study by the minute or hour. Others will choose to zoom out to days, weeks, months, or even longer. Studying price action over different time periods can help provide the investor with valuable information to help make the best possible investing decisions. Keeping an eye on the stock market, it can be seen that certain trends repeat over time. These trends or patterns might not be exact, but they can be noticeable. Spotting these patterns and watching for momentum shifts can be a highly useful tool for any trader or investor. Many chartists will focus on multiple indicators when doing technical analysis. Becoming familiar with indicators and learning to spot trends may take a lot of time and effort to achieve.
Following some sell-side analyst opinions on shares of The Andersons, Inc., we can see that the current consensus price target is $38.67. Analysts often work hard to provide their best estimates of where they think a stock is headed. Analysts may use different methods to calculate price targets, and investors often track the consensus to get a general feel of how the Street sees the stock.
The Andersons, Inc. (NASDAQ:ANDE) currently has a beta of 1.18. A beta of 1 indicates that the stock price moves along with the market. A beta below 1 indicates that the stock is less volatile than the market in theory. A beta value over one would indicate the opposite. Conducting standard fundamental stock analysis is typically straightforward. Nowadays, investors have quick access to large amounts of information. The biggest stumbling block for the average investor may be devoting the time to actually accomplish the task. One goal of following the fundamentals is to establish the true value of a particular stock compared to how it is currently trading. Many investors think that identifying quality stocks should be a cornerstone of a solid portfolio build.
Investors will most likely be looking ahead to the next round of company earnings reports. As the reports come in, all eyes will be on the companies that post wide margin earnings beats or misses. Many investors will be closely tracking which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely odd is occurring after crunching the numbers.
Watching alternate performance metrics, we can see that The Andersons, Inc. (NASDAQ:ANDE) shares have seen a change of 2.91% over the past week. For the previous month, the stock has changed 6.91%. For the last quarter, the stock has performed -4.87%. If we look back year-to-date, the stock has moved 12.31%. With the stock market still cruising along, investors may be wondering how to trade the market into the next few quarters. If market momentum starts to shift hard one way or the other, investors may need to adjust to accommodate the landscape. Being prepared for any market situation can help the investor deal with the turbulence when it arrives.
When dealing with the stock market, investors have to be constantly on their toes. Investors who have had success in the past using a certain method for stock picking may eventually realize that the method no longer produces the same results as it once did. Expecting that the market environment will change and being able to react to those changes can greatly help the investor when the time comes. While investor confidence can be a positive thing, complacency can lead to future frustration and poor portfolio performance. Seasoned investors know that no bull market will last forever just as no bear market will last forever. Being prepared for any situation can greatly help the investor navigate the market when changes do occur.
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