Elliptic Laboratories Stock Forecast - Daily Balance Of Power
| ELABS Stock | NOK 9.13 0.19 2.04% |
Elliptic Stock Forecast is based on your current time horizon.
Elliptic |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.67) | 0.2222 |
| Check Elliptic Laboratories Volatility | Backtest Elliptic Laboratories | Trend Details |
Elliptic Laboratories Trading Date Momentum
| On October 11 2024 Elliptic Laboratories AS was traded for 12.98 at the closing time. The highest price during the trading period was 13.36 and the lowest recorded bid was listed for 12.76 . The volume for the day was 110.6 K. This history from October 11, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.78% . The overall trading delta to the current price is 0.93% . |
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 Elliptic Laboratories
For every potential investor in Elliptic, whether a beginner or expert, Elliptic Laboratories' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Elliptic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Elliptic. Basic forecasting techniques help filter out the noise by identifying Elliptic Laboratories' price trends.Elliptic Laboratories 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 Elliptic Laboratories stock to make a market-neutral strategy. Peer analysis of Elliptic Laboratories could also be used in its relative valuation, which is a method of valuing Elliptic Laboratories by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Elliptic Laboratories 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 Elliptic Laboratories' 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 Elliptic Laboratories' current price.| Cycle Indicators | ||
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| Volume Indicators |
Elliptic Laboratories Market Strength Events
Market strength indicators help investors to evaluate how Elliptic Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elliptic Laboratories shares will generate the highest return on investment. By undertsting and applying Elliptic Laboratories stock market strength indicators, traders can identify Elliptic Laboratories AS entry and exit signals to maximize returns.
Elliptic Laboratories Risk Indicators
The analysis of Elliptic Laboratories' 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 Elliptic Laboratories' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elliptic 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 | 2.39 | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.12 |
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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Elliptic Laboratories financial ratios help investors to determine whether Elliptic 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 Elliptic with respect to the benefits of owning Elliptic Laboratories security.