Energy Recovery Stock Forecast - Accumulation Distribution
| ERII Stock | USD 13.86 0.10 0.72% |
Energy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Energy Recovery stock prices and determine the direction of Energy Recovery's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Energy Recovery's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Energy Recovery's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Energy Recovery's systematic risk associated with finding meaningful patterns of Energy Recovery fundamentals over time.
Check out Historical Fundamental Analysis of Energy Recovery to cross-verify your projections. Energy |
Open Interest Against 2024-05-17 Energy Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Energy Recovery'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 Energy Recovery's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Energy Recovery 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 Energy Recovery's open interest, investors have to compare it to Energy Recovery'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 Energy Recovery 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 Energy. 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 Energy Recovery 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 Energy Recovery's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Energy Recovery's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Energy Recovery is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Energy Recovery to determine if accumulation or reduction is taking place in the market. This value is adjusted by Energy Recovery trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 17522.4 | 83930.32 |
| Check Energy Recovery Volatility | Backtest Energy Recovery | Trend Details |
Energy Recovery Trading Date Momentum
| On March 18 2024 Energy Recovery was traded for 14.58 at the closing time. The top price for the day was 15.04 and the lowest listed price was 14.52 . The trading volume for the day was 290 K. The trading history from March 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.62% . The overall trading delta against the current closing price is 0.20% . |
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 Energy Recovery to competition |
Other Forecasting Options for Energy Recovery
For every potential investor in Energy, whether a beginner or expert, Energy Recovery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Energy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Energy. Basic forecasting techniques help filter out the noise by identifying Energy Recovery's price trends.Energy Recovery 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 Energy Recovery stock to make a market-neutral strategy. Peer analysis of Energy Recovery could also be used in its relative valuation, which is a method of valuing Energy Recovery by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Energy Recovery 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 Energy Recovery'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 Energy Recovery's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Energy Recovery Market Strength Events
Market strength indicators help investors to evaluate how Energy Recovery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energy Recovery shares will generate the highest return on investment. By undertsting and applying Energy Recovery stock market strength indicators, traders can identify Energy Recovery entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.86 | |||
| Day Typical Price | 13.86 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.10) |
Energy Recovery Risk Indicators
The analysis of Energy Recovery'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 Energy Recovery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting energy 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 | 2.34 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.81 |
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.
Pair Trading with Energy Recovery
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Recovery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Recovery will appreciate offsetting losses from the drop in the long position's value.Moving against Energy Stock
| 0.69 | PFFVF | Pfeiffer Vacuum Tech | PairCorr |
| 0.66 | ARQ | Arq Inc Symbol Change | PairCorr |
| 0.55 | SPECW | Spectaire Holdings Symbol Change | PairCorr |
| 0.52 | ATMU | Atmus Filtration Tec | PairCorr |
| 0.49 | PCTTU | Purecycle Technologies | PairCorr |
The ability to find closely correlated positions to Energy Recovery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Recovery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Recovery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Recovery to buy it.
The correlation of Energy Recovery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Recovery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Recovery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Recovery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Energy Recovery to cross-verify your projections. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Energy Stock analysis
When running Energy Recovery's price analysis, check to measure Energy Recovery'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 Energy Recovery is operating at the current time. Most of Energy Recovery's value examination focuses on studying past and present price action to predict the probability of Energy Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Recovery's price. Additionally, you may evaluate how the addition of Energy Recovery to your portfolios can decrease your overall portfolio volatility.
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Is Energy Recovery'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 Energy Recovery. If investors know Energy 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 Energy Recovery 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 0.414 | Earnings Share 0.34 | Revenue Per Share 2.242 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0449 |
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery'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 Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery'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 Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery'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.