Magellan Energy Stock Forecast - Daily Balance Of Power
Magellan Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Magellan Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Magellan |
| Check Magellan Energy Volatility | Backtest Magellan Energy | Information Ratio |
Magellan Energy Trading Date Momentum
| On November 29 2024 Magellan Energy was traded for 0.00 at the closing time. The top price for the day was 0.00 and the lowest listed price was 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
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.
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Other Forecasting Options for Magellan Energy
For every potential investor in Magellan, whether a beginner or expert, Magellan Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magellan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magellan. Basic forecasting techniques help filter out the noise by identifying Magellan Energy's price trends.Magellan Energy 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 Magellan Energy stock to make a market-neutral strategy. Peer analysis of Magellan Energy could also be used in its relative valuation, which is a method of valuing Magellan Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magellan Energy 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 Magellan Energy'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 Magellan Energy's current price.| Cycle Indicators | ||
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Currently Active Assets on Macroaxis
When determining whether Magellan Energy is a strong investment it is important to analyze Magellan Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magellan Energy's future performance. For an informed investment choice regarding Magellan Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Magellan Energy to cross-verify your projections. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Oil & Gas Exploration & Production 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 Magellan Energy. If investors know Magellan 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 Magellan Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.32) | Return On Assets (0.05) | Return On Equity (0.99) |
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy'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 Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy'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 Magellan Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Energy'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.