8x8 Common Stock Forecast - Daily Balance Of Power
| EGHT Stock | USD 3.14 0.04 1.29% |
8x8 Stock Forecast is based on your current time horizon.
8x8 |
Open Interest Against 2024-12-20 8x8 Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast 8x8 Common's 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 8x8 Common's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for 8x8 Common 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 8x8 Common's open interest, investors have to compare it to 8x8 Common's 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 8x8 Common 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 8x8. 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 |
| 0.2143 | (0.27) |
| Check 8x8 Common Volatility | Backtest 8x8 Common | Trend Details |
8x8 Common Trading Date Momentum
| On December 13 2023 8x8 Common Stock was traded for 3.75 at the closing time. The top price for the day was 3.79 and the lowest listed price was 3.49 . The trading volume for the day was 2.1 M. The trading history from December 13, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 3.59% . The daily price change against the current closing price is 0.28% . |
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 8x8 Common
For every potential investor in 8x8, whether a beginner or expert, 8x8 Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 8x8 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 8x8. Basic forecasting techniques help filter out the noise by identifying 8x8 Common's price trends.View 8x8 Common Related Equities
| Risk & Return | Correlation |
8x8 Common Stock 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 8x8 Common'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 8x8 Common's current price.| Cycle Indicators | ||
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| Volume Indicators |
8x8 Common Market Strength Events
Market strength indicators help investors to evaluate how 8x8 Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 8x8 Common shares will generate the highest return on investment. By undertsting and applying 8x8 Common stock market strength indicators, traders can identify 8x8 Common Stock entry and exit signals to maximize returns.
8x8 Common Risk Indicators
The analysis of 8x8 Common'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 8x8 Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 8x8 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 | 2.68 | |||
| Semi Deviation | 2.57 | |||
| Standard Deviation | 3.87 | |||
| Variance | 14.94 | |||
| Downside Variance | 9.83 | |||
| Semi Variance | 6.6 | |||
| Expected Short fall | (3.33) |
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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Additional Tools for 8x8 Stock Analysis
When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.