PBF Energy Stock Forecast - Daily Balance Of Power
| PBF Stock | USD 58.60 1.12 1.88% |
PBF Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PBF Energy stock prices and determine the direction of PBF Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PBF Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although PBF 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 PBF Energy's systematic risk associated with finding meaningful patterns of PBF Energy fundamentals over time.
Check out Historical Fundamental Analysis of PBF Energy to cross-verify your projections. PBF |
Open Interest Against 2024-04-19 PBF Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast PBF 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 PBF Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for PBF 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 PBF Energy's open interest, investors have to compare it to PBF 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 PBF 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 PBF. 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 PBF 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 PBF Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PBF Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of PBF Energy market sensitivity to bulls and bears. It estimates the ability of PBF Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring PBF Energy Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.74) | (0.53) |
| Check PBF Energy Volatility | Backtest PBF Energy | Information Ratio |
PBF Energy Trading Date Momentum
| On April 16 2024 PBF Energy was traded for 58.60 at the closing time. Highest PBF Energy's price during the trading hours was 60.61 and the lowest price during the day was 58.50 . There was no trading activity during the period 0.0. Lack of trading volume on the 16th of April 2024 did not cause price change. The trading delta at closing time to current price is 2.66% . |
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 PBF Energy to competition |
Other Forecasting Options for PBF Energy
For every potential investor in PBF, whether a beginner or expert, PBF Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PBF Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PBF. Basic forecasting techniques help filter out the noise by identifying PBF Energy's price trends.PBF 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 PBF Energy stock to make a market-neutral strategy. Peer analysis of PBF Energy could also be used in its relative valuation, which is a method of valuing PBF Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PBF 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 PBF 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 PBF Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PBF Energy Market Strength Events
Market strength indicators help investors to evaluate how PBF 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 PBF Energy shares will generate the highest return on investment. By undertsting and applying PBF Energy stock market strength indicators, traders can identify PBF Energy entry and exit signals to maximize returns.
PBF Energy Risk Indicators
The analysis of PBF 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 PBF Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pbf 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 | 1.92 | |||
| Semi Deviation | 1.74 | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.25 | |||
| Downside Variance | 4.31 | |||
| Semi Variance | 3.04 | |||
| Expected Short fall | (2.25) |
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.
PBF Energy Investors Sentiment
The influence of PBF Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PBF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to PBF Energy's public news can be used to forecast risks associated with an investment in PBF. The trend in average sentiment can be used to explain how an investor holding PBF can time the market purely based on public headlines and social activities around PBF Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PBF Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PBF Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average PBF Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on PBF Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PBF Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PBF Energy's short interest history, or implied volatility extrapolated from PBF Energy options trading.
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Check out Historical Fundamental Analysis of PBF Energy to cross-verify your projections. For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.Note that the PBF Energy information on this page should be used as a complementary analysis to other PBF 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for PBF Stock analysis
When running PBF Energy's price analysis, check to measure PBF 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 PBF Energy is operating at the current time. Most of PBF Energy's value examination focuses on studying past and present price action to predict the probability of PBF 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 PBF Energy's price. Additionally, you may evaluate how the addition of PBF Energy to your portfolios can decrease your overall portfolio volatility.
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Is PBF 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 PBF Energy. If investors know PBF 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 PBF 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 (0.27) | Dividend Share 0.85 | Earnings Share 16.52 | Revenue Per Share 306.712 | Quarterly Revenue Growth (0.16) |
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF 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 PBF Energy's market value can be influenced by many factors that don't directly affect PBF 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 PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF 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.