Okeanis Eco Stock Forecast - Accumulation Distribution
| ECO Stock | 35.76 0.01 0.03% |
Okeanis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Okeanis Eco stock prices and determine the direction of Okeanis Eco Tankers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Okeanis Eco's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Okeanis Eco's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Okeanis Eco's systematic risk associated with finding meaningful patterns of Okeanis Eco fundamentals over time.
Check out Historical Fundamental Analysis of Okeanis Eco to cross-verify your projections. Okeanis |
Most investors in Okeanis Eco 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 Okeanis Eco's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Okeanis Eco's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Okeanis Eco is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Okeanis Eco Tankers to determine if accumulation or reduction is taking place in the market. This value is adjusted by Okeanis Eco trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 623.26 | 423.04 |
| Check Okeanis Eco Volatility | Backtest Okeanis Eco | Trend Details |
Okeanis Eco Trading Date Momentum
| On May 01 2024 Okeanis Eco Tankers was traded for 30.64 at the closing time. Highest Okeanis Eco's price during the trading hours was 31.46 and the lowest price during the day was 30.39 . The net volume was 15.7 K. The overall trading history on the 1st of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.14% . The trading delta at closing time to current price is 2.11% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Okeanis Eco to competition |
Other Forecasting Options for Okeanis Eco
For every potential investor in Okeanis, whether a beginner or expert, Okeanis Eco's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Okeanis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Okeanis. Basic forecasting techniques help filter out the noise by identifying Okeanis Eco's price trends.Okeanis Eco 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 Okeanis Eco stock to make a market-neutral strategy. Peer analysis of Okeanis Eco could also be used in its relative valuation, which is a method of valuing Okeanis Eco by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Okeanis Eco Tankers 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 Okeanis Eco'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 Okeanis Eco's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Okeanis Eco Market Strength Events
Market strength indicators help investors to evaluate how Okeanis Eco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Okeanis Eco shares will generate the highest return on investment. By undertsting and applying Okeanis Eco stock market strength indicators, traders can identify Okeanis Eco Tankers entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 35.76 | |||
| Day Typical Price | 35.76 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Okeanis Eco Risk Indicators
The analysis of Okeanis Eco'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 Okeanis Eco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting okeanis 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 | 1.41 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.47 | |||
| Downside Variance | 2.77 | |||
| Semi Variance | 1.65 | |||
| Expected Short fall | (1.58) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Okeanis Eco to cross-verify your projections. Note that the Okeanis Eco Tankers information on this page should be used as a complementary analysis to other Okeanis Eco'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Okeanis Stock analysis
When running Okeanis Eco's price analysis, check to measure Okeanis Eco'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 Okeanis Eco is operating at the current time. Most of Okeanis Eco's value examination focuses on studying past and present price action to predict the probability of Okeanis Eco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okeanis Eco's price. Additionally, you may evaluate how the addition of Okeanis Eco to your portfolios can decrease your overall portfolio volatility.
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Is Okeanis Eco'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 Okeanis Eco. If investors know Okeanis 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 Okeanis Eco 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 0.029 | Dividend Share 5.25 | Revenue Per Share 13.408 | Quarterly Revenue Growth 0.287 | Return On Assets 0.123 |
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco'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 Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco'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 Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco'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.