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#16) Valspar Corp.(VAL) Forecast Chart for Aug 26, 2019*
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August 23, 2019 (RicochetTrader.com)

Forecast chart for Valspar Corp. ( VAL ) for the next 15 trading days, starting on August 26, 2019

On August 23, 2019 Valspar Corp. had a closing price of $4.07 with 3,112,100 shares traded. The trading liquidity was $12.67M. The forecast predicted average opening price for trading date August 26, 2019 is $4.09.

Summary Information for Valspar Corp. ( VAL ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.8067% occurs on day 2 where there is a 10% chance that VAL will rise to $4.51 (+10.25%) and there is a 10% chance it will fall to $3.60 (-11.87%). There is a 20% that VAL will cross one of these price levels in 2 days, and adding the returns of +10.25% and -11.87% yields a net composite return of -1.62%. A net return of -1.62% in 2 days is an EDR of -0.8067% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.6578% occurs on day 2 where there is a 20% chance that VAL will rise to $4.35 (+6.43%) and there is a 20% chance it will fall to $3.77 (-7.75%). There is a 40% that VAL will cross one of these price levels in 2 days, and adding the returns of +6.43% and -7.75% yields a net composite return of -1.32%. A net return of -1.32% in 2 days is an EDR of -0.6578% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.7125% occurs on day 2 where there is a 30% chance that VAL will rise to $4.28 (+4.59%) and there is a 30% chance it will fall to $3.84 (-6.02%). There is a 60% that VAL will cross one of these price levels in 2 days, and adding the returns of +4.59% and -6.02% yields a net composite return of -1.43%. A net return of -1.43% in 2 days is an EDR of -0.7125% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.6081% occurs on day 2 where there is a 40% chance that VAL will rise to $4.22 (+3.15%) and there is a 40% chance it will fall to $3.91 (-4.37%). There is a 80% that VAL will cross one of these price levels in 2 days, and adding the returns of +3.15% and -4.37% yields a net composite return of -1.22%. A net return of -1.22% in 2 days is an EDR of -0.6081% per day.

* The forecast for Valspar Corp. (VAL) was made using market data after the close on August 23, 2019 but is generated for the next trading day, or August 26, 2019