BASF SE Stock Forecast - Daily Balance Of Power

BAS Stock  EUR 42.26  0.24  0.57%   
BASF Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BASF SE's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 6, 2024 BASF SE had Daily Balance Of Power of (0.12). Balance of Power indicator (or BOP) measures the strength of BASF SE market sensitivity to bulls and bears. It estimates the ability of BASF SE buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BASF SE Balance of Power indicator one can determine a trend of the price direction.
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BASF SE Trading Date Momentum

On November 07 2024 BASF SE was traded for  45.81  at the closing time. The highest daily price throughout the period was 46.00  and the lowest price was  44.00 . The daily volume was 163.3 K. The net trading volume on 11/07/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 4.28% . The overall trading delta to current closing price is 0.36% .
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 BASF SE

For every potential investor in BASF, whether a beginner or expert, BASF SE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BASF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BASF. Basic forecasting techniques help filter out the noise by identifying BASF SE's price trends.

BASF SE 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 BASF SE stock to make a market-neutral strategy. Peer analysis of BASF SE could also be used in its relative valuation, which is a method of valuing BASF SE by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

BASF SE 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 BASF SE'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 BASF SE's current price.

BASF SE Market Strength Events

Market strength indicators help investors to evaluate how BASF SE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BASF SE shares will generate the highest return on investment. By undertsting and applying BASF SE stock market strength indicators, traders can identify BASF SE entry and exit signals to maximize returns.

BASF SE Risk Indicators

The analysis of BASF SE'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 BASF SE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting basf 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.
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.

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Other Information on Investing in BASF Stock

BASF SE financial ratios help investors to determine whether BASF 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 BASF with respect to the benefits of owning BASF SE security.