SandRidge Energy Stock Forecast - Daily Balance Of Power

SD Stock  USD 12.11  0.36  3.06%   
SandRidge Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SandRidge Energy stock prices and determine the direction of SandRidge Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SandRidge Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, SandRidge Energy's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 292.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 35.3 M.
On September 30, 2024 SandRidge Energy had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of SandRidge Energy market sensitivity to bulls and bears. It estimates the ability of SandRidge Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SandRidge Energy Balance of Power indicator one can determine a trend of the price direction.
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SandRidge Energy Trading Date Momentum

On October 01 2024 SandRidge Energy was traded for  12.15  at the closing time. The highest price during the trading period was 12.34  and the lowest recorded bid was listed for  11.94 . The volume for the day was 304.7 K. This history from October 1, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.25% . The trading price change to the current price is 6.27% .
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 SandRidge Energy

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

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

SandRidge Energy 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 SandRidge Energy'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 SandRidge Energy's current price.

SandRidge Energy Market Strength Events

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

SandRidge Energy Risk Indicators

The analysis of SandRidge Energy'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 SandRidge Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sandridge 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.

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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 SandRidge Energy to cross-verify your projections.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Exploration & Production 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 SandRidge Energy. If investors know SandRidge 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 SandRidge Energy 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
0.373
Dividend Share
0.43
Earnings Share
1.26
Revenue Per Share
3.243
Quarterly Revenue Growth
(0.21)
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy'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 SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy'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 SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy'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.