EURN Old Stock Forecast - Daily Balance Of Power
| EURNDelisted Stock | USD 16.31 0.20 1.21% |
EURN Stock Forecast is based on your current time horizon.
EURN |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.42) | (0.90) |
| Check EURN Old Volatility | Backtest EURN Old | Trend Details |
EURN Old Trading Date Momentum
| On May 23 2024 EURN Old was traded for 14.31 at the closing time. The top price for the day was 14.58 and the lowest listed price was 14.22 . The trading volume for the day was 284.5 K. The trading history from May 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.49% . The overall trading delta against the current closing price is 1.67% . |
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 EURN Old to competition
EURN Old 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 EURN Old stock to make a market-neutral strategy. Peer analysis of EURN Old could also be used in its relative valuation, which is a method of valuing EURN Old by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EURN Old Market Strength Events
Market strength indicators help investors to evaluate how EURN Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EURN Old shares will generate the highest return on investment. By undertsting and applying EURN Old stock market strength indicators, traders can identify EURN Old entry and exit signals to maximize returns.
EURN Old Risk Indicators
The analysis of EURN Old'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 EURN Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eurn 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 | 1.46 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.88 | |||
| Downside Variance | 3.23 | |||
| Semi Variance | 1.55 | |||
| Expected Short fall | (1.69) |
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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in EURN Stock
If you are still planning to invest in EURN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EURN Old's history and understand the potential risks before investing.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |