CVR Energy Stock Forecast - Daily Balance Of Power
| CVI Stock | USD 33.57 0.12 0.36% |
CVR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CVR Energy stock prices and determine the direction of CVR Energy's future trends based on various well-known forecasting models. 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. Although CVR Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CVR Energy's systematic risk associated with finding meaningful patterns of CVR Energy fundamentals over time.
Check out Historical Fundamental Analysis of CVR Energy to cross-verify your projections. CVR |
Open Interest Against 2024-05-17 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 |
| 0.5217 | (0.19) |
| Check CVR Energy Volatility | Backtest CVR Energy | Information Ratio |
CVR Energy Trading Date Momentum
| On April 24 2024 CVR Energy was traded for 33.57 at the closing time. Highest CVR Energy's price during the trading hours was 33.63 and the lowest price during the day was 32.99 . The net volume was 579.7 K. The overall trading history on the 24th of April did not affect price variability. The overall trading delta to current price is 0.18% . |
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.
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 | 1.7 | |||
| Semi Deviation | 1.72 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.92 | |||
| Downside Variance | 3.73 | |||
| Semi Variance | 2.95 | |||
| Expected Short fall | (1.81) |
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 CVR Energy
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 CVR Energy 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 CVR Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CVR Stock
| 0.96 | DINO | HF Sinclair Corp Sell-off Trend | PairCorr |
| 0.85 | DK | Delek Energy Financial Report 13th of May 2024 | PairCorr |
Moving against CVR Stock
| 0.65 | SGU | Star Gas Partners Earnings Call This Week | PairCorr |
| 0.53 | CLNE | Clean Energy Fuels Financial Report 14th of May 2024 | PairCorr |
| 0.41 | DKL | Delek Logistics Partners Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to CVR Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVR Energy 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 CVR Energy - 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 CVR Energy to buy it.
The correlation of CVR Energy 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 CVR Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVR Energy 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 CVR Energy 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 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for CVR Stock analysis
When running CVR Energy's price analysis, check to measure CVR 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 CVR Energy is operating at the current time. Most of CVR Energy's value examination focuses on studying past and present price action to predict the probability of CVR 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 CVR Energy's price. Additionally, you may evaluate how the addition of CVR Energy to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Is CVR Energy's 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 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 (0.19) | Dividend Share 2 | Earnings Share 7.65 | Revenue Per Share 92.01 | 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.