Neoen SA Stock Forecast - Accumulation Distribution

NEOEN Stock  EUR 39.54  0.04  0.10%   
Neoen Stock Forecast is based on your current time horizon.
  
On September 23, 2024 Neoen SA had Accumulation Distribution of 368.14. The accumulation distribution (A/D) indicator shows the degree to which Neoen SA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Neoen SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Neoen SA trading volume to give more weight to distributions with higher volume over lower volume.
Check Neoen SA VolatilityBacktest Neoen SATrend Details  

Neoen SA Trading Date Momentum

On September 24 2024 Neoen SA was traded for  38.92  at the closing time. The highest price during the trading period was 38.94  and the lowest recorded bid was listed for  38.88 . The volume for the day was 63 K. This history from September 24, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.05% . The trading delta at closing time to the current price is 0.05% .
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
Compare Neoen SA to competition

Other Forecasting Options for Neoen SA

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

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

Neoen SA 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 Neoen SA'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 Neoen SA's current price.

Neoen SA Market Strength Events

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

Neoen SA Risk Indicators

The analysis of Neoen SA'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 Neoen SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neoen 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 Neoen Stock Analysis

When running Neoen SA's price analysis, check to measure Neoen SA'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 Neoen SA is operating at the current time. Most of Neoen SA's value examination focuses on studying past and present price action to predict the probability of Neoen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neoen SA's price. Additionally, you may evaluate how the addition of Neoen SA to your portfolios can decrease your overall portfolio volatility.