Energy Absolute Stock Forecast - Market Facilitation Index
| EA Stock | THB 31.00 0.75 2.48% |
Energy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Energy Absolute stock prices and determine the direction of Energy Absolute Public's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Energy Absolute's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Energy Absolute to cross-verify your projections. Energy |
Most investors in Energy Absolute 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 Energy Absolute's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Energy Absolute's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Energy Absolute Volatility | Backtest Energy Absolute | Information Ratio |
Energy Absolute Trading Date Momentum
| On May 05 2024 Energy Absolute Public was traded for 31.00 at the closing time. The highest daily price throughout the period was 31.50 and the lowest price was 30.50 . There was no trading activity during the period 0.0. Lack of trading volume on 05/05/2024 did not affect price variability. The overall trading delta to current closing price is 1.61% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Energy Absolute
For every potential investor in Energy, whether a beginner or expert, Energy Absolute's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Energy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Energy. Basic forecasting techniques help filter out the noise by identifying Energy Absolute's price trends.Energy Absolute 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 Energy Absolute stock to make a market-neutral strategy. Peer analysis of Energy Absolute could also be used in its relative valuation, which is a method of valuing Energy Absolute by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Energy Absolute Public 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 Energy Absolute'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 Energy Absolute's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Energy Absolute Market Strength Events
Market strength indicators help investors to evaluate how Energy Absolute stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energy Absolute shares will generate the highest return on investment. By undertsting and applying Energy Absolute stock market strength indicators, traders can identify Energy Absolute Public entry and exit signals to maximize returns.
Energy Absolute Risk Indicators
The analysis of Energy Absolute'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 Energy Absolute's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting energy 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 | 1.63 | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.86 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Energy Absolute in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Energy Absolute's short interest history, or implied volatility extrapolated from Energy Absolute options trading.
Pair Trading with Energy Absolute
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 Energy Absolute 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 Energy Absolute will appreciate offsetting losses from the drop in the long position's value.Moving against Energy Stock
| 0.77 | SCB | SCB X Public | PairCorr |
| 0.74 | KBANK | Kasikornbank Public | PairCorr |
| 0.72 | KBANK-R | Kasikornbank Public | PairCorr |
| 0.7 | KTB | Krung Thai Bank | PairCorr |
The ability to find closely correlated positions to Energy Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Absolute 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 Energy Absolute - 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 Energy Absolute Public to buy it.
The correlation of Energy Absolute 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 Energy Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Absolute Public 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 Energy Absolute 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.Check out Historical Fundamental Analysis of Energy Absolute to cross-verify your projections. Note that the Energy Absolute Public information on this page should be used as a complementary analysis to other Energy Absolute's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Energy Stock analysis
When running Energy Absolute's price analysis, check to measure Energy Absolute'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 Energy Absolute is operating at the current time. Most of Energy Absolute's value examination focuses on studying past and present price action to predict the probability of Energy Absolute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Absolute's price. Additionally, you may evaluate how the addition of Energy Absolute to your portfolios can decrease your overall portfolio volatility.
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