Entravision Communications Stock Forecast - Daily Balance Of Power
| EVC Stock | USD 2.40 0.00 0.00% |
Entravision Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Entravision Communications stock prices and determine the direction of Entravision Communications's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Entravision Communications' historical fundamentals, such as revenue growth or operating cash flow patterns.
Entravision |
| Check Entravision Communications Volatility | Backtest Entravision Communications | Trend Details |
Entravision Communications Trading Date Momentum
| On December 17 2024 Entravision Communications was traded for 2.40 at the closing time. Highest Entravision Communications's price during the trading hours was 2.48 and the lowest price during the day was 2.38 . There was no trading activity during the period 0.0. Lack of trading volume on the 17th of December 2024 did not affect price variability. The overall trading delta to current price is 0.00% . |
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 Entravision Communications
For every potential investor in Entravision, whether a beginner or expert, Entravision Communications' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Entravision Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Entravision. Basic forecasting techniques help filter out the noise by identifying Entravision Communications' price trends.Entravision Communications 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 Entravision Communications stock to make a market-neutral strategy. Peer analysis of Entravision Communications could also be used in its relative valuation, which is a method of valuing Entravision Communications by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Entravision Communications 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 Entravision Communications' 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 Entravision Communications' current price.| Cycle Indicators | ||
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Entravision Communications Market Strength Events
Market strength indicators help investors to evaluate how Entravision Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entravision Communications shares will generate the highest return on investment. By undertsting and applying Entravision Communications stock market strength indicators, traders can identify Entravision Communications entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0403 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.43 | |||
| Day Typical Price | 2.42 | |||
| Market Facilitation Index | 0.1 | |||
| Price Action Indicator | (0.03) |
Entravision Communications Risk Indicators
The analysis of Entravision Communications' 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 Entravision Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting entravision 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 | 2.32 | |||
| Semi Deviation | 2.51 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.03 | |||
| Downside Variance | 8.15 | |||
| Semi Variance | 6.31 | |||
| Expected Short fall | (2.83) |
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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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 Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' 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 Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:Check out Historical Fundamental Analysis of Entravision Communications to cross-verify your projections. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Broadcasting 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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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 (0.73) | Dividend Share 0.2 | Earnings Share (0.11) | Revenue Per Share 12.822 | Quarterly Revenue Growth 0.255 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.