Essential Utilities Stock Forecast - Price Action Indicator
| WTRG Stock | USD 39.53 0.17 0.43% |
Essential Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Essential Utilities' historical fundamentals, such as revenue growth or operating cash flow patterns.
Essential |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.07) | 0.03 |
| Check Essential Utilities Volatility | Backtest Essential Utilities | Information Ratio |
Essential Utilities Trading Date Momentum
| On November 23 2024 Essential Utilities was traded for 39.53 at the closing time. The top price for the day was 39.85 and the lowest listed price was 39.32 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.05% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Essential Utilities to competition |
Other Forecasting Options for Essential Utilities
For every potential investor in Essential, whether a beginner or expert, Essential Utilities' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Essential Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Essential. Basic forecasting techniques help filter out the noise by identifying Essential Utilities' price trends.Essential Utilities 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 Essential Utilities stock to make a market-neutral strategy. Peer analysis of Essential Utilities could also be used in its relative valuation, which is a method of valuing Essential Utilities by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Essential Utilities 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 Essential Utilities' 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 Essential Utilities' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Essential Utilities Market Strength Events
Market strength indicators help investors to evaluate how Essential Utilities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essential Utilities shares will generate the highest return on investment. By undertsting and applying Essential Utilities stock market strength indicators, traders can identify Essential Utilities entry and exit signals to maximize returns.
Essential Utilities Risk Indicators
The analysis of Essential Utilities' 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 Essential Utilities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting essential 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 | 0.8808 | |||
| Semi Deviation | 1.15 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 | |||
| Downside Variance | 1.41 | |||
| Semi Variance | 1.32 | |||
| Expected Short fall | (0.85) |
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 Essential Utilities is a strong investment it is important to analyze Essential Utilities' 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 Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Essential Utilities to cross-verify your projections. For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Water 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 Essential Utilities. If investors know Essential 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 Essential Utilities 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 (0.17) | Dividend Share 1.247 | Earnings Share 1.99 | Revenue Per Share 7.169 | Quarterly Revenue Growth 0.058 |
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' 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 Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' 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 Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' 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.