EQT Stock Forecast - Day Median Price
| EQT Stock | USD 39.88 0.42 1.04% |
EQT Stock Forecast is based on your current time horizon.
EQT |
Open Interest Against 2024-06-14 EQT Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast EQT'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 EQT's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for EQT 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 EQT's open interest, investors have to compare it to EQT'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 EQT 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 EQT. 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 EQT 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 EQT's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EQT's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 39.88 | 39.88 |
| Check EQT Volatility | Backtest EQT | Information Ratio |
EQT Trading Date Momentum
| On June 14 2024 EQT Corporation was traded for 39.88 at the closing time. Highest EQT's price during the trading hours was 39.88 and the lowest price during the day was 39.88 . There was no trading activity during the period 0.0. Lack of trading volume on the 14th of June 2024 did not affect price variability. The overall trading delta to current price is 1.07% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for EQT
For every potential investor in EQT, whether a beginner or expert, EQT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EQT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EQT. Basic forecasting techniques help filter out the noise by identifying EQT's price trends.EQT 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 EQT stock to make a market-neutral strategy. Peer analysis of EQT could also be used in its relative valuation, which is a method of valuing EQT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EQT Corporation 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 EQT'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 EQT's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EQT Market Strength Events
Market strength indicators help investors to evaluate how EQT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EQT shares will generate the highest return on investment. By undertsting and applying EQT stock market strength indicators, traders can identify EQT Corporation 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 | 39.88 | |||
| Day Typical Price | 39.88 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.42) |
EQT Risk Indicators
The analysis of EQT'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 EQT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eqt 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 | 1.28 | |||
| Semi Deviation | 1.23 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.58 | |||
| Downside Variance | 2.15 | |||
| Semi Variance | 1.51 | |||
| Expected Short fall | (1.44) |
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 EQT
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 EQT 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 EQT will appreciate offsetting losses from the drop in the long position's value.Moving together with EQT Stock
Moving against EQT Stock
| 0.71 | CEI | Camber Energy | PairCorr |
| 0.67 | APA | APA Corporation | PairCorr |
| 0.42 | SD | SandRidge Energy | PairCorr |
| 0.4 | PR | Permian Resources | PairCorr |
| 0.4 | VTLE | Vital Energy | PairCorr |
The ability to find closely correlated positions to EQT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQT 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 EQT - 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 EQT Corporation to buy it.
The correlation of EQT 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 EQT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQT Corporation 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 EQT 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.Additional Tools for EQT Stock Analysis
When running EQT's price analysis, check to measure EQT'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 EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.