ENGIE Eps Stock Forecast - Daily Balance Of Power
| 8XE Stock | EUR 1.20 0.00 0.00% |
ENGIE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ENGIE Eps' historical fundamentals, such as revenue growth or operating cash flow patterns.
ENGIE |
| Check ENGIE Eps Volatility | Backtest ENGIE Eps | Trend Details |
ENGIE Eps Trading Date Momentum
| On February 22 2024 ENGIE Eps SA was traded for 0.60 at the closing time. The highest daily price throughout the period was 0.60 and the lowest price was 0.60 . There was no trading activity during the period 1.0. Lack of trading volume on 02/22/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 3.23% . The overall trading delta to current closing price is 9.68% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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ENGIE Eps 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 ENGIE Eps stock to make a market-neutral strategy. Peer analysis of ENGIE Eps could also be used in its relative valuation, which is a method of valuing ENGIE Eps by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ENGIE Eps Market Strength Events
Market strength indicators help investors to evaluate how ENGIE Eps stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ENGIE Eps shares will generate the highest return on investment. By undertsting and applying ENGIE Eps stock market strength indicators, traders can identify ENGIE Eps SA entry and exit signals to maximize returns.
ENGIE Eps Risk Indicators
The analysis of ENGIE Eps' 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 ENGIE Eps' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting engie 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.
| Mean Deviation | 0.7103 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.53 | |||
| Downside Variance | 1.48 | |||
| Semi Variance | (0.12) | |||
| Expected Short fall | (3.62) |
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.
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Other Information on Investing in ENGIE Stock
ENGIE Eps financial ratios help investors to determine whether ENGIE 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 ENGIE with respect to the benefits of owning ENGIE Eps security.