Euronav NV Stock Forecast - Day Typical Price

CMBT Stock   11.52  0.24  2.04%   
Euronav Stock Forecast is based on your current time horizon.
  
At this time, Euronav NV's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 15.28 in 2024, whereas Fixed Asset Turnover is likely to drop 0.68 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 191.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 120.3 M in 2024.
On November 22, 2024 Euronav NV had Day Typical Price of 11.83. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Euronav NV Trading Date Momentum

On November 25 2024 Euronav NV was traded for  11.52  at the closing time. The top price for the day was 12.03  and the lowest listed price was  11.50 . The trading volume for the day was 137.9 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.04% . The overall trading delta against the current closing price is 2.30% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Euronav NV

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

Euronav NV 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 Euronav NV stock to make a market-neutral strategy. Peer analysis of Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics with similar companies.
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Euronav NV 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 Euronav NV'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 Euronav NV's current price.

Euronav NV Market Strength Events

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

Euronav NV Risk Indicators

The analysis of Euronav NV'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 Euronav NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting euronav 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Euronav Stock Analysis

When running Euronav NV's price analysis, check to measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.