FirstEnergy Stock Forecast - Daily Balance Of Power

FE Stock  USD 42.62  0.34  0.80%   
FirstEnergy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FirstEnergy stock prices and determine the direction of FirstEnergy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FirstEnergy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, FirstEnergy's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.35, whereas Inventory Turnover is forecasted to decline to 6.91. . As of November 28, 2024, Common Stock Shares Outstanding is expected to decline to about 411.5 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 325 M.
On October 23, 2024 FirstEnergy had Daily Balance Of Power of 0.918. Balance of Power indicator (or BOP) measures the strength of FirstEnergy market sensitivity to bulls and bears. It estimates the ability of FirstEnergy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring FirstEnergy Balance of Power indicator one can determine a trend of the price direction.
Check FirstEnergy VolatilityBacktest FirstEnergyTrend Details  

FirstEnergy Trading Date Momentum

On October 24 2024 FirstEnergy was traded for  43.64  at the closing time. The highest price during the trading period was 44.04  and the lowest recorded bid was listed for  43.54 . The volume for the day was 2.5 M. This history from October 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.41% . The overall trading delta to the current price is 1.37% .
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.
Compare FirstEnergy to competition

Other Forecasting Options for FirstEnergy

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

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

FirstEnergy 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 FirstEnergy'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 FirstEnergy's current price.

FirstEnergy Market Strength Events

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

FirstEnergy Risk Indicators

The analysis of FirstEnergy'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 FirstEnergy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting firstenergy 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.
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.
Check out Historical Fundamental Analysis of FirstEnergy to cross-verify your projections.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electric Utilities 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 FirstEnergy. If investors know FirstEnergy 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 FirstEnergy 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
0.049
Dividend Share
1.67
Earnings Share
1.56
Revenue Per Share
23.076
Quarterly Revenue Growth
0.069
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy'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 FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy'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 FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy'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.