CVR Energy Stock Forecast - Daily Balance Of Power
| CVI Stock | USD 26.87 0.63 2.29% |
CVR Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CVR Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
CVR |
Open Interest Against 2024-06-21 CVR Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CVR Energy'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 CVR Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CVR Energy 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 CVR Energy's open interest, investors have to compare it to CVR Energy'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 CVR Energy 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 CVR. 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 CVR 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 CVR Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CVR Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of CVR Energy market sensitivity to bulls and bears. It estimates the ability of CVR Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CVR Energy Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.94) | (0.71) |
| Check CVR Energy Volatility | Backtest CVR Energy | Trend Details |
CVR Energy Trading Date Momentum
| On August 21 2023 CVR Energy was traded for 31.29 at the closing time. Highest CVR Energy's price during the trading hours was 35.74 and the lowest price during the day was 31.29 . The net volume was 887.1 K. The overall trading history on the 21st of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.91% . The overall trading delta to current price is 6.58% . |
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 CVR Energy to competition |
Other Forecasting Options for CVR Energy
For every potential investor in CVR, whether a beginner or expert, CVR Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CVR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CVR. Basic forecasting techniques help filter out the noise by identifying CVR Energy's price trends.CVR 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 CVR Energy stock to make a market-neutral strategy. Peer analysis of CVR Energy could also be used in its relative valuation, which is a method of valuing CVR Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CVR 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 CVR 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 CVR Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CVR Energy Market Strength Events
Market strength indicators help investors to evaluate how CVR 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 CVR Energy shares will generate the highest return on investment. By undertsting and applying CVR Energy stock market strength indicators, traders can identify CVR Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 56694.13 | |||
| Daily Balance Of Power | (0.51) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 27.39 | |||
| Day Typical Price | 27.21 | |||
| Price Action Indicator | (0.83) | |||
| Period Momentum Indicator | (0.63) |
CVR Energy Risk Indicators
The analysis of CVR 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 CVR Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cvr 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 | 1.48 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.47 |
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 CVR Stock
When determining whether CVR Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CVR Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cvr Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cvr Energy Stock:Check out Historical Fundamental Analysis of CVR Energy to cross-verify your projections. For more detail on how to invest in CVR Stock please use our How to Invest in CVR Energy guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Oil & Gas Refining & Marketing 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 CVR Energy. If investors know CVR 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 CVR Energy 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 (0.58) | Dividend Share 2 | Earnings Share 6.52 | Revenue Per Share 87.801 | Quarterly Revenue Growth (0.18) |
The market value of CVR Energy is measured differently than its book value, which is the value of CVR that is recorded on the company's balance sheet. Investors also form their own opinion of CVR Energy's value that differs from its market value or its book value, called intrinsic value, which is CVR Energy'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 CVR Energy's market value can be influenced by many factors that don't directly affect CVR Energy'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 CVR Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVR Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVR Energy'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.