National Grid Stock Forecast - Accumulation Distribution
| NGG Stock | USD 63.26 0.15 0.24% |
National Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of National Grid's historical fundamentals, such as revenue growth or operating cash flow patterns.
National |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 9638.91 | 5562.93 |
| Check National Grid Volatility | Backtest National Grid | Information Ratio |
National Grid Trading Date Momentum
| On November 25 2024 National Grid PLC was traded for 63.26 at the closing time. Highest National Grid's price during the trading hours was 63.49 and the lowest price during the day was 62.96 . The net volume was 666.4 K. The overall trading history on the 25th of November did not cause price change. The trading delta at closing time to current price is 0.03% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare National Grid to competition |
Other Forecasting Options for National Grid
For every potential investor in National, whether a beginner or expert, National Grid's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. National Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in National. Basic forecasting techniques help filter out the noise by identifying National Grid's price trends.National Grid 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 National Grid stock to make a market-neutral strategy. Peer analysis of National Grid could also be used in its relative valuation, which is a method of valuing National Grid by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
National Grid PLC 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 National Grid'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 National Grid's current price.| Cycle Indicators | ||
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| Volume Indicators |
National Grid Market Strength Events
Market strength indicators help investors to evaluate how National Grid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Grid shares will generate the highest return on investment. By undertsting and applying National Grid stock market strength indicators, traders can identify National Grid PLC entry and exit signals to maximize returns.
National Grid Risk Indicators
The analysis of National Grid'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 National Grid's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national 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 | 0.8465 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 |
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.
Currently Active Assets on Macroaxis
When determining whether National Grid PLC is a strong investment it is important to analyze National Grid'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 National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out Historical Fundamental Analysis of National Grid to cross-verify your projections. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Multi-Utilities 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 National Grid. If investors know National 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 National Grid 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 (0.82) | Dividend Share 0.55 | Earnings Share 2.57 | Revenue Per Share 3.9126 | Quarterly Revenue Growth (0.06) |
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid'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 National Grid's market value can be influenced by many factors that don't directly affect National Grid'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 National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid'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.