Entegris Stock Forecast - Day Typical Price
| ENTG Stock | USD 130.08 0.75 0.57% |
Entegris Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Entegris' historical fundamentals, such as revenue growth or operating cash flow patterns.
Entegris |
Open Interest Against 2024-06-21 Entegris Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Entegris' 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 Entegris' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Entegris 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 Entegris' open interest, investors have to compare it to Entegris' 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 Entegris 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 Entegris. 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.
Most investors in Entegris 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 Entegris' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Entegris' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 131.16 | 129.78 |
| Check Entegris Volatility | Backtest Entegris | Trend Details |
Entegris Trading Date Momentum
| On May 14 2024 Entegris was traded for 130.22 at the closing time. The top price for the day was 130.57 and the lowest listed price was 128.31 . The trading volume for the day was 1.1 M. The trading history from May 14, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 1.11% . The overall trading delta against the current closing price is 0.77% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Entegris to competition |
Other Forecasting Options for Entegris
For every potential investor in Entegris, whether a beginner or expert, Entegris' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Entegris Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Entegris. Basic forecasting techniques help filter out the noise by identifying Entegris' price trends.Entegris 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 Entegris stock to make a market-neutral strategy. Peer analysis of Entegris could also be used in its relative valuation, which is a method of valuing Entegris by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Entegris 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 Entegris' 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 Entegris' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Entegris Market Strength Events
Market strength indicators help investors to evaluate how Entegris stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entegris shares will generate the highest return on investment. By undertsting and applying Entegris stock market strength indicators, traders can identify Entegris entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0241 | |||
| Daily Balance Of Power | (0.24) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 129.71 | |||
| Day Typical Price | 129.83 | |||
| Market Facilitation Index | 3.16 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.75) | |||
| Relative Strength Index | 48.72 |
Entegris Risk Indicators
The analysis of Entegris' 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 Entegris' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting entegris 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 | 1.82 | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.21 |
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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Additional Information and Resources on Investing in Entegris Stock
When determining whether Entegris is a strong investment it is important to analyze Entegris' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Entegris' future performance. For an informed investment choice regarding Entegris Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Entegris to cross-verify your projections. For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Semiconductors & Semiconductor Equipment 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 Entegris. If investors know Entegris 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 Entegris 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 (0.34) | Dividend Share 0.4 | Earnings Share 2.09 | Revenue Per Share 22.457 | Quarterly Revenue Growth (0.16) |
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' 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 Entegris' market value can be influenced by many factors that don't directly affect Entegris' 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 Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' 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.