Crestwood Equity Stock Forecast - Daily Balance Of Power
| CEQPDelisted Stock | USD 29.42 0.54 1.87% |
Crestwood Stock Forecast is based on your current time horizon.
Crestwood |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7606 | 0.7606 |
| Check Crestwood Equity Volatility | Backtest Crestwood Equity | Information Ratio |
Crestwood Equity Trading Date Momentum
| On November 22 2024 Crestwood Equity Partners was traded for 29.42 at the closing time. The top price for the day was 29.48 and the lowest listed price was 28.77 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.84% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Crestwood Equity to competition
Crestwood Equity 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 Crestwood Equity stock to make a market-neutral strategy. Peer analysis of Crestwood Equity could also be used in its relative valuation, which is a method of valuing Crestwood Equity by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Crestwood Equity Market Strength Events
Market strength indicators help investors to evaluate how Crestwood Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Crestwood Equity shares will generate the highest return on investment. By undertsting and applying Crestwood Equity stock market strength indicators, traders can identify Crestwood Equity Partners entry and exit signals to maximize returns.
Crestwood Equity Risk Indicators
The analysis of Crestwood Equity'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 Crestwood Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting crestwood 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 | 1.4 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 | |||
| Downside Variance | 2.03 | |||
| Semi Variance | 1.42 | |||
| Expected Short fall | (1.74) |
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.
Pair Trading with Crestwood Equity
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 Crestwood Equity 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 Crestwood Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with Crestwood Stock
Moving against Crestwood Stock
| 0.75 | BCH | Banco De Chile | PairCorr |
| 0.75 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.75 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.72 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.62 | SHG | Shinhan Financial | PairCorr |
The ability to find closely correlated positions to Crestwood Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crestwood Equity 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 Crestwood Equity - 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 Crestwood Equity Partners to buy it.
The correlation of Crestwood Equity 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 Crestwood Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crestwood Equity Partners 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 Crestwood Equity 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Crestwood Stock
If you are still planning to invest in Crestwood Equity Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crestwood Equity's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |