Entravision Communications Stock Forecast - Standard Deviation
| EVC Stock | USD 2.47 0.08 3.35% |
Entravision Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Entravision Communications stock prices and determine the direction of Entravision Communications's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Entravision Communications' historical fundamentals, such as revenue growth or operating cash flow patterns.
Entravision |
Open Interest Against 2024-12-20 Entravision Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Entravision Communications' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Entravision Communications' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Entravision Communications stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Entravision Communications' open interest, investors have to compare it to Entravision Communications' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Entravision Communications is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Entravision. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Entravision Communications Volatility | Backtest Entravision Communications | Information Ratio |
Entravision Communications Trading Date Momentum
| On November 21 2024 Entravision Communications was traded for 2.47 at the closing time. Highest Entravision Communications's price during the trading hours was 2.48 and the lowest price during the day was 2.38 . The net volume was 160.1 K. The overall trading history on the 21st of November did not affect price variability. The overall trading delta to current price is 2.83% . |
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Other Forecasting Options for Entravision Communications
For every potential investor in Entravision, whether a beginner or expert, Entravision Communications' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Entravision Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Entravision. Basic forecasting techniques help filter out the noise by identifying Entravision Communications' price trends.Entravision Communications 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 Entravision Communications stock to make a market-neutral strategy. Peer analysis of Entravision Communications could also be used in its relative valuation, which is a method of valuing Entravision Communications by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Entravision Communications 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 Entravision Communications' 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 Entravision Communications' current price.| Cycle Indicators | ||
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Entravision Communications Market Strength Events
Market strength indicators help investors to evaluate how Entravision Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entravision Communications shares will generate the highest return on investment. By undertsting and applying Entravision Communications stock market strength indicators, traders can identify Entravision Communications entry and exit signals to maximize returns.
Entravision Communications Risk Indicators
The analysis of Entravision Communications' 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 Entravision Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting entravision 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 | 2.26 | |||
| Semi Deviation | 2.34 | |||
| Standard Deviation | 2.92 | |||
| Variance | 8.54 | |||
| Downside Variance | 7.56 | |||
| Semi Variance | 5.49 | |||
| Expected Short fall | (3.08) |
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.When determining whether Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:Check out Historical Fundamental Analysis of Entravision Communications to cross-verify your projections. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Broadcasting 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 Entravision Communications. If investors know Entravision 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 Entravision Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 0.2 | Earnings Share (0.11) | Revenue Per Share 12.822 | Quarterly Revenue Growth 0.255 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.