Evolution Gaming Pink Sheet Forecast - Period Momentum Indicator

EVVTY Stock  USD 89.92  0.77  0.86%   
Evolution Pink Sheet Forecast is based on your current time horizon.
  
On November 21, 2024 Evolution Gaming Group had Period Momentum Indicator of 1.41. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Evolution Gaming Trading Date Momentum

On November 22 2024 Evolution Gaming Group was traded for  89.15  at the closing time. The highest daily price throughout the period was 89.32  and the lowest price was  88.35 . The daily volume was 40.5 K. The net trading volume on 11/22/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.72% . The overall trading delta to current closing price is 1.74% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Evolution Gaming

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

Evolution Gaming 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 Evolution Gaming pink sheet to make a market-neutral strategy. Peer analysis of Evolution Gaming could also be used in its relative valuation, which is a method of valuing Evolution Gaming by comparing valuation metrics with similar companies.
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Evolution Gaming Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Evolution Gaming'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 Evolution Gaming's current price.

Evolution Gaming Market Strength Events

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

Evolution Gaming Risk Indicators

The analysis of Evolution Gaming'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 Evolution Gaming's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evolution pink sheet 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.

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.

Additional Tools for Evolution Pink Sheet Analysis

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