ELNUSA Stock Forecast - Period Momentum Indicator
5EL Stock | EUR 0.02 0.0005 2.50% |
ELNUSA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ELNUSA stock prices and determine the direction of ELNUSA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ELNUSA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ELNUSA to cross-verify your projections. ELNUSA |
Most investors in ELNUSA cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ELNUSA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ELNUSA's price structures and extracts relationships that further increase the generated results' accuracy.
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.Check ELNUSA Volatility | Backtest ELNUSA | Information Ratio |
ELNUSA Trading Date Momentum
On May 03 2024 ELNUSA was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 3rd of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
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 ELNUSA
For every potential investor in ELNUSA, whether a beginner or expert, ELNUSA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELNUSA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELNUSA. Basic forecasting techniques help filter out the noise by identifying ELNUSA's price trends.ELNUSA 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 ELNUSA stock to make a market-neutral strategy. Peer analysis of ELNUSA could also be used in its relative valuation, which is a method of valuing ELNUSA by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
ELNUSA 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 ELNUSA'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 ELNUSA's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
ELNUSA Market Strength Events
Market strength indicators help investors to evaluate how ELNUSA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELNUSA shares will generate the highest return on investment. By undertsting and applying ELNUSA stock market strength indicators, traders can identify ELNUSA entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 0.0205 | |||
Day Typical Price | 0.0205 | |||
Price Action Indicator | 3.0E-4 | |||
Period Momentum Indicator | 5.0E-4 | |||
Relative Strength Index | 58.51 |
ELNUSA Risk Indicators
The analysis of ELNUSA'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 ELNUSA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elnusa 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 | 1.0 | |||
Semi Deviation | 1.27 | |||
Standard Deviation | 1.71 | |||
Variance | 2.92 | |||
Downside Variance | 8.86 | |||
Semi Variance | 1.62 | |||
Expected Short fall | (2.80) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ELNUSA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ELNUSA's short interest history, or implied volatility extrapolated from ELNUSA options trading.
Thematic Opportunities
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Check out Historical Fundamental Analysis of ELNUSA to cross-verify your projections. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for ELNUSA Stock analysis
When running ELNUSA's price analysis, check to measure ELNUSA'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 ELNUSA is operating at the current time. Most of ELNUSA's value examination focuses on studying past and present price action to predict the probability of ELNUSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELNUSA's price. Additionally, you may evaluate how the addition of ELNUSA to your portfolios can decrease your overall portfolio volatility.
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