Offshore Oil Stock Forecast - Daily Balance Of Power
| 600583 Stock | 5.30 0.01 0.19% |
Offshore Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Offshore Oil stock prices and determine the direction of Offshore Oil Engineering's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Offshore Oil's historical fundamentals, such as revenue growth or operating cash flow patterns.
Offshore |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5455 | (0.31) |
| Check Offshore Oil Volatility | Backtest Offshore Oil | Trend Details |
Offshore Oil Trading Date Momentum
| On September 18 2024 Offshore Oil Engineering was traded for 4.86 at the closing time. The highest price during the trading period was 4.91 and the lowest recorded bid was listed for 4.82 . The volume for the day was 15.6 M. This history from September 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.21% . The trading delta at closing time to the current 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.
Compare Offshore Oil to competition
Offshore 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 Offshore Oil stock to make a market-neutral strategy. Peer analysis of Offshore Oil could also be used in its relative valuation, which is a method of valuing Offshore Oil by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Offshore Oil Market Strength Events
Market strength indicators help investors to evaluate how Offshore 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 Offshore Oil shares will generate the highest return on investment. By undertsting and applying Offshore Oil stock market strength indicators, traders can identify Offshore Oil Engineering entry and exit signals to maximize returns.
| Accumulation Distribution | 319475.0 | |||
| Daily Balance Of Power | 0.1667 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.28 | |||
| Day Typical Price | 5.29 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.01 |
Offshore Oil Risk Indicators
The analysis of Offshore 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 Offshore Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting offshore 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 | 1.09 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 |
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
Other Information on Investing in Offshore Stock
Offshore Oil financial ratios help investors to determine whether Offshore 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 Offshore with respect to the benefits of owning Offshore Oil security.