ESSA Bancorp Stock Forecast - Accumulation Distribution
ESSA Stock | USD 20.30 0.15 0.74% |
ESSA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ESSA Bancorp stock prices and determine the direction of ESSA Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ESSA Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
ESSA |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
304.75 | 77.83 |
Check ESSA Bancorp Volatility | Backtest ESSA Bancorp | Trend Details |
ESSA Bancorp Trading Date Momentum
On November 25 2024 ESSA Bancorp was traded for 20.30 at the closing time. The top price for the day was 20.35 and the lowest listed price was 20.15 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.74% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare ESSA Bancorp to competition |
Other Forecasting Options for ESSA Bancorp
For every potential investor in ESSA, whether a beginner or expert, ESSA Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ESSA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ESSA. Basic forecasting techniques help filter out the noise by identifying ESSA Bancorp's price trends.ESSA Bancorp 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 ESSA Bancorp stock to make a market-neutral strategy. Peer analysis of ESSA Bancorp could also be used in its relative valuation, which is a method of valuing ESSA Bancorp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
ESSA Bancorp 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 ESSA Bancorp'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 ESSA Bancorp's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
ESSA Bancorp Market Strength Events
Market strength indicators help investors to evaluate how ESSA Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESSA Bancorp shares will generate the highest return on investment. By undertsting and applying ESSA Bancorp stock market strength indicators, traders can identify ESSA Bancorp entry and exit signals to maximize returns.
ESSA Bancorp Risk Indicators
The analysis of ESSA Bancorp'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 ESSA Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting essa 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 | 1.73 | |||
Semi Deviation | 2.68 | |||
Standard Deviation | 2.47 | |||
Variance | 6.11 | |||
Downside Variance | 9.1 | |||
Semi Variance | 7.17 | |||
Expected Short fall | (1.59) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:Check out Historical Fundamental Analysis of ESSA Bancorp to cross-verify your projections. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESSA Bancorp. If investors know ESSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESSA Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.6 | Earnings Share 1.78 | Revenue Per Share 7.127 | Quarterly Revenue Growth (0.04) |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.