EDP Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EDP Renováveis' historical fundamentals, such as revenue growth or operating cash flow patterns.
EDP
On November 22, 2024 EDP Renovveis SA had Day Typical Price of 10.51. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On November 25 2024 EDP Renovveis SA was traded for 11.05 at the closing time. The highest daily price throughout the period was 11.05 and the lowest price was 10.94 . The daily volume was 101. The net trading volume on 11/25/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 5.14% . The overall trading delta to current closing price is 5.04% .
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.
For every potential investor in EDP, whether a beginner or expert, EDP Renováveis' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EDP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EDP. Basic forecasting techniques help filter out the noise by identifying EDP Renováveis' price trends.
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 EDP Renováveis stock to make a market-neutral strategy. Peer analysis of EDP Renováveis could also be used in its relative valuation, which is a method of valuing EDP Renováveis by comparing valuation metrics with similar companies.
EDP Renovveis SA 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 EDP Renováveis' 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 EDP Renováveis' current price.
Market strength indicators help investors to evaluate how EDP Renováveis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EDP Renováveis shares will generate the highest return on investment. By undertsting and applying EDP Renováveis stock market strength indicators, traders can identify EDP Renovveis SA entry and exit signals to maximize returns.
The analysis of EDP Renováveis' 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 EDP Renováveis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edp 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.
EDP Renováveis financial ratios help investors to determine whether EDP 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 EDP with respect to the benefits of owning EDP Renováveis security.