EVN AG Stock Forecast - Accumulation Distribution

EVN Stock  EUR 22.05  0.50  2.32%   
EVN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EVN AG's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On September 27, 2024 EVN AG had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which EVN AG is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of EVN AG to determine if accumulation or reduction is taking place in the market. This value is adjusted by EVN AG trading volume to give more weight to distributions with higher volume over lower volume.
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EVN AG Trading Date Momentum

On September 30 2024 EVN AG was traded for  28.30  at the closing time. The highest daily price throughout the period was 28.30  and the lowest price was  28.30 . The daily volume was 170. The net trading volume on 09/30/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 1.94% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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EVN AG 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 EVN AG stock to make a market-neutral strategy. Peer analysis of EVN AG could also be used in its relative valuation, which is a method of valuing EVN AG by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

EVN AG Market Strength Events

Market strength indicators help investors to evaluate how EVN AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVN AG shares will generate the highest return on investment. By undertsting and applying EVN AG stock market strength indicators, traders can identify EVN AG entry and exit signals to maximize returns.

EVN AG Risk Indicators

The analysis of EVN AG'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 EVN AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evn 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.

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Other Information on Investing in EVN Stock

EVN AG financial ratios help investors to determine whether EVN 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 EVN with respect to the benefits of owning EVN AG security.