Edenred SA Stock Forecast - Daily Balance Of Power
| EDEN Stock | EUR 45.45 0.56 1.25% |
Edenred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Edenred SA stock prices and determine the direction of Edenred SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Edenred SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Edenred SA to cross-verify your projections. Edenred |
Most investors in Edenred SA 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 Edenred SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Edenred SA's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Edenred SA market sensitivity to bulls and bears. It estimates the ability of Edenred SA buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Edenred SA Balance of Power indicator one can determine a trend of the price direction.| Check Edenred SA Volatility | Backtest Edenred SA | Information Ratio |
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 Edenred SA to competition |
Other Forecasting Options for Edenred SA
For every potential investor in Edenred, whether a beginner or expert, Edenred SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Edenred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Edenred. Basic forecasting techniques help filter out the noise by identifying Edenred SA's price trends.Edenred SA 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 Edenred SA stock to make a market-neutral strategy. Peer analysis of Edenred SA could also be used in its relative valuation, which is a method of valuing Edenred SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Edenred SA 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 Edenred SA'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 Edenred SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Edenred SA Market Strength Events
Market strength indicators help investors to evaluate how Edenred SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edenred SA shares will generate the highest return on investment. By undertsting and applying Edenred SA stock market strength indicators, traders can identify Edenred SA entry and exit signals to maximize returns.
| Accumulation Distribution | 8090.0 | |||
| Daily Balance Of Power | 0.6829 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 45.13 | |||
| Day Typical Price | 45.24 | |||
| Price Action Indicator | 0.6 | |||
| Period Momentum Indicator | 0.56 |
Edenred SA Risk Indicators
The analysis of Edenred SA'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 Edenred SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edenred 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 | 1.44 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.42 |
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 Edenred SA
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 Edenred SA 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 Edenred SA will appreciate offsetting losses from the drop in the long position's value.Moving against Edenred Stock
| 0.8 | RMS | Hermes International SCA Earnings Call Tomorrow | PairCorr |
| 0.56 | MC | LVMH Mot Hennessy | PairCorr |
The ability to find closely correlated positions to Edenred SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edenred SA 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 Edenred SA - 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 Edenred SA to buy it.
The correlation of Edenred SA 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 Edenred SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edenred SA 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 Edenred SA 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 Edenred SA to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Edenred Stock analysis
When running Edenred SA's price analysis, check to measure Edenred SA'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 Edenred SA is operating at the current time. Most of Edenred SA's value examination focuses on studying past and present price action to predict the probability of Edenred SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edenred SA's price. Additionally, you may evaluate how the addition of Edenred SA to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Global Correlations Find global opportunities by holding instruments from different markets |