Electronic Sensor Stock Forecast - Daily Balance Of Power

ESNR Stock  USD 0.0001  0.00  0.00%   
Electronic Stock Forecast is based on your current time horizon. Although Electronic Sensor's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Electronic Sensor's systematic risk associated with finding meaningful patterns of Electronic Sensor fundamentals over time.
  
At this time, Electronic Sensor's Other Current Liabilities is relatively stable compared to the past year. As of 12/02/2024, Accounts Payable is likely to grow to about 351.6 K, while Total Current Liabilities is likely to drop slightly above 318.4 K.
On July 31, 2024 Electronic Sensor Technology had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Electronic Sensor Technology market sensitivity to bulls and bears. It estimates the ability of Electronic Sensor buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Electronic Sensor Balance of Power indicator one can determine a trend of the price direction.
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Electronic Sensor Trading Date Momentum

On August 01 2024 Electronic Sensor Technology was traded for  0.0001  at the closing time. The top price for the day was 0.0001  and the lowest listed price was  0.0001 . There was no trading activity during the period 1.0. Lack of trading volume on August 1, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% .
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 Electronic Sensor

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

Electronic Sensor 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 Electronic Sensor stock to make a market-neutral strategy. Peer analysis of Electronic Sensor could also be used in its relative valuation, which is a method of valuing Electronic Sensor by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Electronic Sensor 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 Electronic Sensor'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 Electronic Sensor's current price.

Electronic Sensor Market Strength Events

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

Pair Trading with Electronic Sensor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Electronic Sensor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Electronic Sensor will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Electronic Sensor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electronic Sensor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Electronic Sensor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Electronic Sensor Technology to buy it.
The correlation of Electronic Sensor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Electronic Sensor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electronic Sensor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Electronic Sensor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Electronic Stock Analysis

When running Electronic Sensor's price analysis, check to measure Electronic Sensor'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 Electronic Sensor is operating at the current time. Most of Electronic Sensor's value examination focuses on studying past and present price action to predict the probability of Electronic Sensor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronic Sensor's price. Additionally, you may evaluate how the addition of Electronic Sensor to your portfolios can decrease your overall portfolio volatility.