Plug Power Stock Forecast - Value At Risk
| PLUG Stock | USD 2.85 0.04 1.38% |
Plug Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Plug Power stock prices and determine the direction of Plug Power's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Plug Power's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Plug Power's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Plug Power's systematic risk associated with finding meaningful patterns of Plug Power fundamentals over time.
Check out Historical Fundamental Analysis of Plug Power to cross-verify your projections. Plug |
Open Interest Against 2024-04-19 Plug Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Plug Power'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 Plug Power's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Plug Power 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 Plug Power's open interest, investors have to compare it to Plug Power'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 Plug Power 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 Plug. 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 Plug Power 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 Plug Power's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Plug Power's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Plug Power Volatility | Backtest Plug Power | Information Ratio |
Plug Power Trading Date Momentum
| On April 16 2024 Plug Power was traded for 2.85 at the closing time. The top price for the day was 2.95 and the lowest listed price was 2.80 . There was no trading activity during the period 0.0. Lack of trading volume on April 16, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.40% . |
| Compare Plug Power to competition |
Other Forecasting Options for Plug Power
For every potential investor in Plug, whether a beginner or expert, Plug Power's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Plug Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Plug. Basic forecasting techniques help filter out the noise by identifying Plug Power's price trends.Plug Power 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 Plug Power stock to make a market-neutral strategy. Peer analysis of Plug Power could also be used in its relative valuation, which is a method of valuing Plug Power by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Plug Power 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 Plug Power'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 Plug Power's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Plug Power Market Strength Events
Market strength indicators help investors to evaluate how Plug Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Plug Power shares will generate the highest return on investment. By undertsting and applying Plug Power stock market strength indicators, traders can identify Plug Power entry and exit signals to maximize returns.
Plug Power Risk Indicators
The analysis of Plug Power'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 Plug Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting plug 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 | 5.26 | |||
| Standard Deviation | 7.47 | |||
| Variance | 55.76 |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Plug Power using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Plug Power to cross-verify your projections. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Plug Stock analysis
When running Plug Power's price analysis, check to measure Plug Power'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 Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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Is Plug Power'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 Plug Power. If investors know Plug 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 Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.30) | Revenue Per Share 1.497 | Quarterly Revenue Growth 0.006 | Return On Assets (0.12) | Return On Equity (0.39) |
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power'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 Plug Power's market value can be influenced by many factors that don't directly affect Plug Power'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 Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power'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.