88 Energy Stock Forecast - Period Momentum Indicator

88E Stock   0.09  0  2.70%   
88E Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 88 Energy stock prices and determine the direction of 88 Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 88 Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, 88 Energy's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 116.2 M, whereas Total Current Liabilities is forecasted to decline to about 798 K.
88 Energy has current Period Momentum Indicator of (0). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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88 Energy Trading Date Momentum

On November 29 2024 88 Energy was traded for  0.09  at the closing time. The highest price during the trading period was 0.09  and the lowest recorded bid was listed for  0.09 . The volume for the day was 7.4 M. This history from November 29, 2024 had no effect on price fluctuation. The daily price change to the current price is 1.56% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for 88 Energy

For every potential investor in 88E, whether a beginner or expert, 88 Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 88E Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 88E. Basic forecasting techniques help filter out the noise by identifying 88 Energy's price trends.

88 Energy 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 88 Energy stock to make a market-neutral strategy. Peer analysis of 88 Energy could also be used in its relative valuation, which is a method of valuing 88 Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

88 Energy 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 88 Energy'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 88 Energy's current price.

88 Energy Market Strength Events

Market strength indicators help investors to evaluate how 88 Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 88 Energy shares will generate the highest return on investment. By undertsting and applying 88 Energy stock market strength indicators, traders can identify 88 Energy entry and exit signals to maximize returns.

88 Energy Risk Indicators

The analysis of 88 Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in 88 Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 88e stock prices, 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 investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in 88E Stock

88 Energy financial ratios help investors to determine whether 88E Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 88E with respect to the benefits of owning 88 Energy security.