Ford’s Stock To Remain Muted Post Earnings?

by Trefis Team
-4.57%
Downside
15.70
Market
14.98
Trefis
F
Ford
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Ford’s stock (NYSE: F)  has fallen by 0.08% over the last five trading days. In comparison, the broader S&P500 rose by 0.04% over the last five trading days. The stock price was partly affected after the company announced that it has extended its plant shutdowns and production  cuts in May due to the continued global shortage of semiconductor chips, which are used in high-tech devices and many automobiles. The company had previously stated that the shortage could lower its earnings by $1 billion to $2.5 billion in 2021 and will provide an update on financial impact with its first quarter earnings on Wednesday, April 28, 2021. Now, is Ford’s stock poised to grow? We believe that there is a 53% chance of a rise in Ford’s stock over the next month (twenty-one trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on Ford’s Stock Chances Of Rise for more details.

5D: F -0.08%, vs. S&P500 0.04%; Underperformed market

(49% likelihood event)

  • Ford stock declined 0.08% over a five day trading period ending 4/23/2021, compared to the broader market (S&P500) rise of 0.04%
  • A change of -0.08% or more over five trading days is a 49% likelihood event, which has occurred 1229 times out of 2516 in the last ten years

10D: F -2.3%, vs. S&P500 1.4%; Underperformed market

(32% likelihood event)

  • Ford stock declined 2.3% over the last ten trading days (two weeks), compared to the broader market (S&P500) rise of 1.4%
  • A change of -2.3% or more over ten trading days is a 32% likelihood event, which has occurred 804 times out of 2511 in the last ten years

21D: F 0.7%, vs. S&P500 7.7%; Underperformed market

(46% likelihood event)

  • Ford stock rose 0.7% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 7.7%
  • A change of 0.7% or more over twenty-one trading days is a 46% likelihood event, which has occurred 1154 times out of 2500 in the last ten years

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