Eco Oil Stock Forecast - Price Action Indicator
ECO Stock | 10.63 0.38 3.71% |
Eco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eco Oil stock prices and determine the direction of Eco Oil Gas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eco Oil's historical fundamentals, such as revenue growth or operating cash flow patterns.
Eco |
Check Eco Oil Volatility | Backtest Eco Oil | Information Ratio |
Eco Oil Trading Date Momentum
On November 26 2024 Eco Oil Gas was traded for 10.63 at the closing time. The highest price during the trading period was 10.92 and the lowest recorded bid was listed for 10.26 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta to the current price is 3.48% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Eco Oil
For every potential investor in Eco, whether a beginner or expert, Eco Oil's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eco. Basic forecasting techniques help filter out the noise by identifying Eco Oil's price trends.Eco Oil 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 Eco Oil stock to make a market-neutral strategy. Peer analysis of Eco Oil could also be used in its relative valuation, which is a method of valuing Eco Oil by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Eco Oil Gas 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 Eco Oil'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 Eco Oil's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Eco Oil Market Strength Events
Market strength indicators help investors to evaluate how Eco Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Oil shares will generate the highest return on investment. By undertsting and applying Eco Oil stock market strength indicators, traders can identify Eco Oil Gas entry and exit signals to maximize returns.
Eco Oil Risk Indicators
The analysis of Eco Oil'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 Eco Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eco 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 | 2.0 | |||
Standard Deviation | 2.86 | |||
Variance | 8.19 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Eco Stock
Eco Oil financial ratios help investors to determine whether Eco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eco with respect to the benefits of owning Eco Oil security.