Vaalco Energy Stock Forecast - Daily Balance Of Power

EGY Stock  USD 4.33  0.01  0.23%   
Vaalco Stock Forecast is based on your current time horizon.
  
At this time, Vaalco Energy's Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 12.72 in 2024, whereas Receivables Turnover is likely to drop 5.93 in 2024. . Common Stock Shares Outstanding is likely to rise to about 111.9 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 49 M in 2024.
On November 20, 2024 Vaalco Energy had Daily Balance Of Power of (0.12). Balance of Power indicator (or BOP) measures the strength of Vaalco Energy market sensitivity to bulls and bears. It estimates the ability of Vaalco Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Vaalco Energy Balance of Power indicator one can determine a trend of the price direction.
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Vaalco Energy Trading Date Momentum

On November 21 2024 Vaalco Energy was traded for  5.35  at the closing time. Highest Vaalco Energy's price during the trading hours was 5.40  and the lowest price during the day was  5.22 . The net volume was 998.3 K. The overall trading history on the 21st of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 2.10% . The trading price change to current price is 3.44% .
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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Other Forecasting Options for Vaalco Energy

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

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

Vaalco 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 Vaalco 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 Vaalco Energy's current price.

Vaalco Energy Market Strength Events

Market strength indicators help investors to evaluate how Vaalco 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 Vaalco Energy shares will generate the highest return on investment. By undertsting and applying Vaalco Energy stock market strength indicators, traders can identify Vaalco Energy entry and exit signals to maximize returns.

Vaalco Energy Risk Indicators

The analysis of Vaalco 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 Vaalco Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vaalco 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.

Additional Tools for Vaalco Stock Analysis

When running Vaalco Energy's price analysis, check to measure Vaalco Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vaalco Energy is operating at the current time. Most of Vaalco Energy's value examination focuses on studying past and present price action to predict the probability of Vaalco Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vaalco Energy's price. Additionally, you may evaluate how the addition of Vaalco Energy to your portfolios can decrease your overall portfolio volatility.