Obsidian Energy Stock Forecast - Daily Balance Of Power
| OBE Stock | CAD 12.32 0.31 2.58% |
Obsidian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Obsidian Energy stock prices and determine the direction of Obsidian Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Obsidian Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Obsidian Energy to cross-verify your projections. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.Obsidian |
Most investors in Obsidian Energy 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 Obsidian Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Obsidian Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Obsidian Energy market sensitivity to bulls and bears. It estimates the ability of Obsidian Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Obsidian Energy Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.8936 | 0.6596 |
| Check Obsidian Energy Volatility | Backtest Obsidian Energy | Information Ratio |
Obsidian Energy Trading Date Momentum
| On April 28 2024 Obsidian Energy was traded for 12.32 at the closing time. The maximum traded price for the trading interval was 12.37 and the lowest daily price was 11.90 . There was no trading activity during the period 0.0. Lack of trading volume on 28th of April 2024 did not cause price change. The trading delta at closing time to the closing price today is 3.41% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Obsidian Energy to competition |
Other Forecasting Options for Obsidian Energy
For every potential investor in Obsidian, whether a beginner or expert, Obsidian Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Obsidian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Obsidian. Basic forecasting techniques help filter out the noise by identifying Obsidian Energy's price trends.Obsidian Energy 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 Obsidian Energy stock to make a market-neutral strategy. Peer analysis of Obsidian Energy could also be used in its relative valuation, which is a method of valuing Obsidian Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Obsidian Energy 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 Obsidian Energy'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 Obsidian Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Obsidian Energy Market Strength Events
Market strength indicators help investors to evaluate how Obsidian Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Obsidian Energy shares will generate the highest return on investment. By undertsting and applying Obsidian Energy stock market strength indicators, traders can identify Obsidian Energy entry and exit signals to maximize returns.
Obsidian Energy Risk Indicators
The analysis of Obsidian Energy'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 Obsidian Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting obsidian 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 | 1.59 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 | |||
| Downside Variance | 2.37 | |||
| Semi Variance | 1.58 | |||
| Expected Short fall | (2.02) |
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 Obsidian Energy to cross-verify your projections. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.Note that the Obsidian Energy information on this page should be used as a complementary analysis to other Obsidian Energy'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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Obsidian Stock analysis
When running Obsidian Energy's price analysis, check to measure Obsidian Energy'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 Obsidian Energy is operating at the current time. Most of Obsidian Energy's value examination focuses on studying past and present price action to predict the probability of Obsidian Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obsidian Energy's price. Additionally, you may evaluate how the addition of Obsidian Energy to your portfolios can decrease your overall portfolio volatility.
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