Euroseas Stock Forecast - Daily Balance Of Power
| ESEA Stock | USD 35.30 0.23 0.65% |
Euroseas Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Euroseas stock prices and determine the direction of Euroseas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Euroseas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Euroseas |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.037 | (0.69) |
| Check Euroseas Volatility | Backtest Euroseas | Trend Details |
Euroseas Trading Date Momentum
| On November 12 2024 Euroseas was traded for 39.31 at the closing time. The top price for the day was 40.26 and the lowest listed price was 39.06 . The trading volume for the day was 57.9 K. The trading history from November 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.56% . The overall trading delta against the current closing price is 7.16% . |
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.
| Compare Euroseas to competition |
Other Forecasting Options for Euroseas
For every potential investor in Euroseas, whether a beginner or expert, Euroseas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Euroseas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Euroseas. Basic forecasting techniques help filter out the noise by identifying Euroseas' price trends.Euroseas 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 Euroseas stock to make a market-neutral strategy. Peer analysis of Euroseas could also be used in its relative valuation, which is a method of valuing Euroseas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Euroseas 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 Euroseas' 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 Euroseas' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Euroseas Market Strength Events
Market strength indicators help investors to evaluate how Euroseas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euroseas shares will generate the highest return on investment. By undertsting and applying Euroseas stock market strength indicators, traders can identify Euroseas entry and exit signals to maximize returns.
| Accumulation Distribution | 521.05 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 35.11 | |||
| Day Typical Price | 35.17 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | (0.23) |
Euroseas Risk Indicators
The analysis of Euroseas' 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 Euroseas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting euroseas 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 | 1.95 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.21 |
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.When determining whether Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:Check out Historical Fundamental Analysis of Euroseas to cross-verify your projections. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euroseas. If investors know Euroseas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euroseas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.407 | Earnings Share 16.28 | Revenue Per Share 29.676 | Quarterly Revenue Growth 0.231 | Return On Assets 0.152 |
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.