Ford’s Stock Rose 18% Last Month, Will It Continue Post Q3 Earnings?

by Trefis Team
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Ford’s stock (NYSE: F) rose by 18% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 2.1% over the same period. The rise was triggered after Ford announced its Electrification revolution plan, with an expected investment of more than $30 billion by 2025 and a target of 40% to 50% of Ford’s global vehicle volume to be electric by 2030. Early this month, Ford announced its plans to invest an additional $11.4 billion and create nearly 11,000 new jobs in three new BlueOvalSK battery plants, one in Tennessee and two in Kentucky. The announcement builds on Ford’s plans to focus more on Electric as the way forward for the company.

Ford reports Q3 2021 results on Wednesday, October 27. Now, is F stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 39% chance of a rise in F stock over the next month (twenty-one trading days). See our analysis on Ford’s Stock Chance Of Rise for more details.

Five Days: F 4.6%, vs. S&P500 1.3%; Outperformed market

(10% event probability)

  • Ford’s stock rose 4.6% over a five day trading period ending 10/22/2021, compared to the broader market (S&P500) which rose by 1.3%
  • A change of 4.6% or more over five trading days has a 10% event probability, which has occurred 257 times out of 2517 in the last ten years

Ten Days: F 7.9%, vs. S&P500 4.2%; Outperformed market

(10% event probability)

  • Ford’s stock rose 7.9% over the last ten trading days (two weeks), compared to the broader market (S&P500) rise of 4.2%
  • A change of 7.9% or more over ten trading days has a 10% event probability, which has occurred 243 times out of 2517 in the last ten years

Twenty-One Days: F 18%, vs. S&P500 2.1%; Outperformed market

(4% event probability)

  • Ford’s stock rose 18% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 2.1%
  • A change of 18% or more over twenty-one trading days has a 4% event probability, which has occurred 94 times out of 2516 in the last ten years

While Ford’s stock is likely to move higher in the near term, there are several peers in its sector that look like a Better Bet Than F Stock. Also, Ford’s Peer Comparisons summarizes how the company fares against peers on metrics that matter.

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