Ebang International Stock Forecast - Relative Strength Index
| EBON Stock | USD 7.37 0.32 4.54% |
Ebang Stock Forecast is based on your current time horizon. Although Ebang International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ebang International's systematic risk associated with finding meaningful patterns of Ebang International fundamentals over time.
Ebang |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 69.64 | 69.64 |
| Check Ebang International Volatility | Backtest Ebang International | Information Ratio |
Ebang International Trading Date Momentum
| On November 25 2024 Ebang International Holdings was traded for 7.37 at the closing time. The top price for the day was 7.43 and the lowest listed price was 6.87 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.85% . |
| Compare Ebang International to competition |
Other Forecasting Options for Ebang International
For every potential investor in Ebang, whether a beginner or expert, Ebang International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ebang Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ebang. Basic forecasting techniques help filter out the noise by identifying Ebang International's price trends.Ebang International 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 Ebang International stock to make a market-neutral strategy. Peer analysis of Ebang International could also be used in its relative valuation, which is a method of valuing Ebang International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ebang International 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 Ebang International'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 Ebang International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ebang International Market Strength Events
Market strength indicators help investors to evaluate how Ebang International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ebang International shares will generate the highest return on investment. By undertsting and applying Ebang International stock market strength indicators, traders can identify Ebang International Holdings entry and exit signals to maximize returns.
Ebang International Risk Indicators
The analysis of Ebang International'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 Ebang International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ebang 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 | 3.7 | |||
| Semi Deviation | 4.36 | |||
| Standard Deviation | 5.34 | |||
| Variance | 28.52 | |||
| Downside Variance | 22.46 | |||
| Semi Variance | 19.02 | |||
| Expected Short fall | (4.33) |
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 Ebang International
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 Ebang International 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 Ebang International will appreciate offsetting losses from the drop in the long position's value.Moving together with Ebang Stock
| 0.82 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.64 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.68 | ASAN | Asana Inc | PairCorr |
Moving against Ebang Stock
| 0.77 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.69 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.55 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.4 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International 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 Ebang International - 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 Ebang International Holdings to buy it.
The correlation of Ebang International 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 Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang International 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 Ebang International 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 Ebang International to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Electronic Equipment, Instruments & Components 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 Ebang International. If investors know Ebang 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 Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.60) | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.48) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International's 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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International's 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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International's 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.