Benchmark Electronics Stock Forecast - Daily Balance Of Power
| BHE Stock | USD 48.05 0.23 0.48% |
Benchmark Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Benchmark Electronics stock prices and determine the direction of Benchmark Electronics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Benchmark Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns.
Benchmark |
Open Interest Against 2024-12-20 Benchmark Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Benchmark Electronics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Benchmark Electronics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Benchmark Electronics stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Benchmark Electronics' open interest, investors have to compare it to Benchmark Electronics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Benchmark Electronics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Benchmark. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7647 | 0.6522 |
| Check Benchmark Electronics Volatility | Backtest Benchmark Electronics | Trend Details |
Benchmark Electronics Trading Date Momentum
| On April 15 2024 Benchmark Electronics was traded for 29.26 at the closing time. Highest Benchmark Electronics's price during the trading hours was 29.49 and the lowest price during the day was 28.85 . The net volume was 405.2 K. The overall trading history on the 15th of April 2024 did not affect price variability. The overall trading delta to current price is 2.32% . |
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 Benchmark Electronics to competition |
Other Forecasting Options for Benchmark Electronics
For every potential investor in Benchmark, whether a beginner or expert, Benchmark Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Benchmark Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Benchmark. Basic forecasting techniques help filter out the noise by identifying Benchmark Electronics' price trends.Benchmark Electronics 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 Benchmark Electronics stock to make a market-neutral strategy. Peer analysis of Benchmark Electronics could also be used in its relative valuation, which is a method of valuing Benchmark Electronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Benchmark Electronics 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 Benchmark Electronics' 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 Benchmark Electronics' current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Benchmark Electronics Market Strength Events
Market strength indicators help investors to evaluate how Benchmark Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Benchmark Electronics shares will generate the highest return on investment. By undertsting and applying Benchmark Electronics stock market strength indicators, traders can identify Benchmark Electronics entry and exit signals to maximize returns.
Benchmark Electronics Risk Indicators
The analysis of Benchmark Electronics' 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 Benchmark Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting benchmark 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 | 1.62 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 | |||
| Downside Variance | 3.89 | |||
| Semi Variance | 3.2 | |||
| Expected Short fall | (1.83) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' 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 Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Benchmark Electronics to cross-verify your projections. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electronic Equipment, Instruments & Components 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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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 (0.26) | Dividend Share 0.665 | Earnings Share 1.72 | Revenue Per Share 74.962 | Quarterly Revenue Growth (0.09) |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.