Opal Fuels Stock Overlap Studies Kaufman Adaptive Moving Average

OPAL Stock  USD 3.79  0.01  0.26%   
OPAL Fuels overlap studies tool provides the execution environment for running the Kaufman Adaptive Moving Average study and other technical functions against OPAL Fuels. OPAL Fuels value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Kaufman Adaptive Moving Average study function is designed to identify and follow existing trends. OPAL Fuels overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Kaufman Adaptive Moving Average allows the user to define OPAL Fuels range across which they want the smoothing.

OPAL Fuels Technical Analysis Modules

Most technical analysis of OPAL Fuels help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OPAL from various momentum indicators to cycle indicators. When you analyze OPAL charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About OPAL Fuels Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OPAL Fuels. We use our internally-developed statistical techniques to arrive at the intrinsic value of OPAL Fuels based on widely used predictive technical indicators. In general, we focus on analyzing OPAL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OPAL Fuels's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of OPAL Fuels's intrinsic value. In addition to deriving basic predictive indicators for OPAL Fuels, we also check how macroeconomic factors affect OPAL Fuels price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.0025640.0023080.002042
Price To Sales Ratio8.670.590.56
Hype
Prediction
LowEstimatedHigh
1.033.776.51
Details
Intrinsic
Valuation
LowRealHigh
3.045.788.52
Details
Naive
Forecast
LowNextHigh
1.253.996.73
Details
8 Analysts
Consensus
LowTargetHigh
10.7611.8213.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OPAL Fuels. Your research has to be compared to or analyzed against OPAL Fuels' peers to derive any actionable benefits. When done correctly, OPAL Fuels' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in OPAL Fuels.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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OPAL Fuels pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OPAL Fuels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OPAL Fuels will appreciate offsetting losses from the drop in the long position's value.

OPAL Fuels Pair Trading

OPAL Fuels Pair Trading Analysis

The ability to find closely correlated positions to OPAL Fuels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OPAL Fuels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OPAL Fuels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OPAL Fuels to buy it.
The correlation of OPAL Fuels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OPAL Fuels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OPAL Fuels moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OPAL Fuels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether OPAL Fuels is a strong investment it is important to analyze OPAL Fuels' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OPAL Fuels' future performance. For an informed investment choice regarding OPAL Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPAL Fuels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy OPAL Stock please use our How to buy in OPAL Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electric Utilities 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 OPAL Fuels. If investors know OPAL 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 OPAL Fuels 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
(0.28)
Earnings Share
0.18
Revenue Per Share
11.16
Quarterly Revenue Growth
0.182
Return On Assets
0.0222
The market value of OPAL Fuels is measured differently than its book value, which is the value of OPAL that is recorded on the company's balance sheet. Investors also form their own opinion of OPAL Fuels' value that differs from its market value or its book value, called intrinsic value, which is OPAL Fuels' 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 OPAL Fuels' market value can be influenced by many factors that don't directly affect OPAL Fuels' 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 OPAL Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if OPAL Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OPAL Fuels' 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.