Eni SPA Stock Forecast - Price Action Indicator
| E Stock | CAD 1.12 0.02 1.82% |
Eni Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eni SPA stock prices and determine the direction of Enterprise Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eni SPA's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Eni SPA's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Eni SPA's systematic risk associated with finding meaningful patterns of Eni SPA fundamentals over time.
Check out Historical Fundamental Analysis of Eni SPA to cross-verify your projections. Eni |
Most investors in Eni SPA cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Eni SPA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eni SPA's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.01) | 0.025 |
| Check Eni SPA Volatility | Backtest Eni SPA | Information Ratio |
Eni SPA Trading Date Momentum
| On May 01 2024 Enterprise Group was traded for 1.12 at the closing time. The top price for the day was 1.12 and the lowest listed price was 1.09 . The trading volume for the day was 76.2 K. The trading history from May 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.68% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Eni SPA to competition |
Other Forecasting Options for Eni SPA
For every potential investor in Eni, whether a beginner or expert, Eni SPA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eni Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eni. Basic forecasting techniques help filter out the noise by identifying Eni SPA's price trends.Eni SPA 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 Eni SPA stock to make a market-neutral strategy. Peer analysis of Eni SPA could also be used in its relative valuation, which is a method of valuing Eni SPA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Enterprise Group 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 Eni SPA'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 Eni SPA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eni SPA Market Strength Events
Market strength indicators help investors to evaluate how Eni SPA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eni SPA shares will generate the highest return on investment. By undertsting and applying Eni SPA stock market strength indicators, traders can identify Enterprise Group entry and exit signals to maximize returns.
Eni SPA Risk Indicators
The analysis of Eni SPA'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 Eni SPA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eni 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 | 2.59 | |||
| Semi Deviation | 2.6 | |||
| Standard Deviation | 4.92 | |||
| Variance | 24.2 | |||
| Downside Variance | 13.3 | |||
| Semi Variance | 6.78 | |||
| Expected Short fall | (3.72) |
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 Historical Fundamental Analysis of Eni SPA to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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