Enerpac Tool Stock Forecast - Rate Of Daily Change

EPAC Stock  USD 37.59  0.16  0.42%   
Enerpac Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enerpac Tool stock prices and determine the direction of Enerpac Tool Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enerpac Tool's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Enerpac Tool's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Enerpac Tool's systematic risk associated with finding meaningful patterns of Enerpac Tool fundamentals over time.
Check out Historical Fundamental Analysis of Enerpac Tool to cross-verify your projections.
  
At present, Enerpac Tool's Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.16, whereas Inventory Turnover is forecasted to decline to 3.43. . The current year's Net Income Applicable To Common Shares is expected to grow to about 44 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 50.6 M.

Open Interest Against 2024-05-17 Enerpac Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Enerpac Tool's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Enerpac Tool's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Enerpac Tool stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Enerpac Tool's open interest, investors have to compare it to Enerpac Tool's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Enerpac Tool is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Enerpac. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Enerpac Tool Group has current Rate Of Daily Change of 1.0.
Most investors in Enerpac Tool 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 Enerpac Tool's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Enerpac Tool's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Enerpac Tool.
Check Enerpac Tool VolatilityBacktest Enerpac ToolInformation Ratio  

Enerpac Tool Trading Date Momentum

On May 17 2024 Enerpac Tool Group was traded for  37.59  at the closing time. The top price for the day was 37.59  and the lowest listed price was  37.59 . There was no trading activity during the period 0.0. Lack of trading volume on May 17, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.43% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare Enerpac Tool to competition

Other Forecasting Options for Enerpac Tool

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

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

Enerpac Tool Group 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 Enerpac Tool'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 Enerpac Tool's current price.

Enerpac Tool Market Strength Events

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

Enerpac Tool Risk Indicators

The analysis of Enerpac Tool'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 Enerpac Tool's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enerpac 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.
When determining whether Enerpac Tool Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enerpac Tool'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 Enerpac Tool Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enerpac Tool Group Stock:
Check out Historical Fundamental Analysis of Enerpac Tool to cross-verify your projections.
Note that the Enerpac Tool Group information on this page should be used as a complementary analysis to other Enerpac Tool's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Enerpac Stock analysis

When running Enerpac Tool's price analysis, check to measure Enerpac Tool'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 Enerpac Tool is operating at the current time. Most of Enerpac Tool's value examination focuses on studying past and present price action to predict the probability of Enerpac Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerpac Tool's price. Additionally, you may evaluate how the addition of Enerpac Tool to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Equity Valuation
Check real value of public entities based on technical and fundamental data
Is Enerpac Tool's industry 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 Enerpac Tool. If investors know Enerpac 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 Enerpac Tool 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
3.458
Dividend Share
0.04
Earnings Share
1.36
Revenue Per Share
10.784
Quarterly Revenue Growth
(0.03)
The market value of Enerpac Tool Group is measured differently than its book value, which is the value of Enerpac that is recorded on the company's balance sheet. Investors also form their own opinion of Enerpac Tool's value that differs from its market value or its book value, called intrinsic value, which is Enerpac Tool'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 Enerpac Tool's market value can be influenced by many factors that don't directly affect Enerpac Tool'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 Enerpac Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerpac Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerpac Tool'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.