NL Industries Stock Forecast - Accumulation Distribution
| NL Stock | USD 7.72 0.05 0.65% |
NL Industries Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NL Industries stock prices and determine the direction of NL Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NL Industries' historical fundamentals, such as revenue growth or operating cash flow patterns. Although NL Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NL Industries' systematic risk associated with finding meaningful patterns of NL Industries fundamentals over time.
Check out Historical Fundamental Analysis of NL Industries to cross-verify your projections. NL Industries |
Open Interest Against 2024-05-17 NL Industries Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NL Industries' 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 NL Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NL Industries 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 NL Industries' open interest, investors have to compare it to NL Industries' 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 NL Industries 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 NL Industries. 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 NL Industries 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 NL Industries' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NL Industries' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which NL Industries is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NL Industries to determine if accumulation or reduction is taking place in the market. This value is adjusted by NL Industries trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2413.64 | 273.36 |
| Check NL Industries Volatility | Backtest NL Industries | Information Ratio |
NL Industries Trading Date Momentum
| On April 23 2024 NL Industries was traded for 7.72 at the closing time. The highest price during the trading period was 7.86 and the lowest recorded bid was listed for 7.69 . The volume for the day was 12.6 K. This history from April 23, 2024 did not cause price change. The trading delta at closing time to the current price is 0.52% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare NL Industries to competition |
Other Forecasting Options for NL Industries
For every potential investor in NL Industries, whether a beginner or expert, NL Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NL Industries Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NL Industries. Basic forecasting techniques help filter out the noise by identifying NL Industries' price trends.NL Industries 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 NL Industries stock to make a market-neutral strategy. Peer analysis of NL Industries could also be used in its relative valuation, which is a method of valuing NL Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NL Industries 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 NL Industries' 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 NL Industries' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NL Industries Market Strength Events
Market strength indicators help investors to evaluate how NL Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NL Industries shares will generate the highest return on investment. By undertsting and applying NL Industries stock market strength indicators, traders can identify NL Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 273.36 | |||
| Daily Balance Of Power | 0.2941 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.78 | |||
| Day Typical Price | 7.76 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | 0.05 |
NL Industries Risk Indicators
The analysis of NL Industries' 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 NL Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nl industries 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 | 2.11 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.37 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 2.68 | |||
| Expected Short fall | (2.75) |
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 NL Industries to cross-verify your projections. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for NL Industries Stock analysis
When running NL Industries' price analysis, check to measure NL Industries' 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 NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
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Is NL Industries' 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 NL Industries. If investors know NL Industries 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 NL Industries 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 1.382 | Dividend Share 0.28 | Earnings Share (0.05) | Revenue Per Share 3.303 | Quarterly Revenue Growth 0.08 |
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.