Employers Holdings Stock Forecast - Period Momentum Indicator
| EIG Stock | USD 42.71 0.49 1.13% |
Employers Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Employers Holdings stock prices and determine the direction of Employers Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Employers Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Employers Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Employers Holdings' systematic risk associated with finding meaningful patterns of Employers Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Employers Holdings to cross-verify your projections. Employers |
Open Interest Against 2024-05-17 Employers Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Employers Holdings' 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 Employers Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Employers Holdings 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 Employers Holdings' open interest, investors have to compare it to Employers Holdings' 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 Employers Holdings 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 Employers. 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 Employers Holdings 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 Employers Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Employers Holdings' 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.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.63) | (0.49) |
| Check Employers Holdings Volatility | Backtest Employers Holdings | Information Ratio |
Employers Holdings Trading Date Momentum
| On May 04 2024 Employers Holdings was traded for 42.71 at the closing time. Highest Employers Holdings's price during the trading hours was 43.34 and the lowest price during the day was 42.48 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May did not affect price variability. The overall trading delta to current price is 1.48% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Employers Holdings to competition |
Other Forecasting Options for Employers Holdings
For every potential investor in Employers, whether a beginner or expert, Employers Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Employers Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Employers. Basic forecasting techniques help filter out the noise by identifying Employers Holdings' price trends.Employers Holdings 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 Employers Holdings stock to make a market-neutral strategy. Peer analysis of Employers Holdings could also be used in its relative valuation, which is a method of valuing Employers Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Employers Holdings 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 Employers Holdings' 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 Employers Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Employers Holdings Market Strength Events
Market strength indicators help investors to evaluate how Employers Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Employers Holdings shares will generate the highest return on investment. By undertsting and applying Employers Holdings stock market strength indicators, traders can identify Employers Holdings entry and exit signals to maximize returns.
Employers Holdings Risk Indicators
The analysis of Employers Holdings' 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 Employers Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting employers 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 | 0.9105 | |||
| Semi Deviation | 1.04 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.51 | |||
| Downside Variance | 1.24 | |||
| Semi Variance | 1.08 | |||
| Expected Short fall | (1.05) |
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 Employers Holdings 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, Employers Holdings' short interest history, or implied volatility extrapolated from Employers Holdings options trading.
Pair Trading with Employers Holdings
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 Employers Holdings 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 Employers Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Employers Stock
| 0.71 | AIZ | Assurant Earnings Call This Week | PairCorr |
Moving against Employers Stock
| 0.64 | ITIC | Investors Title | PairCorr |
The ability to find closely correlated positions to Employers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Employers Holdings 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 Employers Holdings - 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 Employers Holdings to buy it.
The correlation of Employers Holdings 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 Employers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Employers Holdings 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 Employers Holdings 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 Employers Holdings to cross-verify your projections. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Employers Stock analysis
When running Employers Holdings' price analysis, check to measure Employers Holdings' 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 Employers Holdings is operating at the current time. Most of Employers Holdings' value examination focuses on studying past and present price action to predict the probability of Employers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Employers Holdings' price. Additionally, you may evaluate how the addition of Employers Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Employers Holdings' 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 Employers Holdings. If investors know Employers 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 Employers Holdings 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 0.291 | Dividend Share 1.12 | Earnings Share 4.7 | Revenue Per Share 33.48 | Quarterly Revenue Growth 0.08 |
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' 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 Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' 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 Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' 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.