Ellington Residential Stock Forecast - Accumulation Distribution
| EARN Stock | USD 6.73 0.13 1.97% |
Ellington Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ellington Residential stock prices and determine the direction of Ellington Residential Mortgage's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ellington Residential's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ellington Residential's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ellington Residential's systematic risk associated with finding meaningful patterns of Ellington Residential fundamentals over time.
Check out Historical Fundamental Analysis of Ellington Residential to cross-verify your projections. Ellington |
Open Interest Against 2024-04-19 Ellington Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Ellington Residential'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 Ellington Residential's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Ellington Residential 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 Ellington Residential's open interest, investors have to compare it to Ellington Residential'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 Ellington Residential 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 Ellington. 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 Ellington Residential 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 Ellington Residential's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ellington Residential's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Ellington Residential is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ellington Residential Mortgage to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ellington Residential trading volume to give more weight to distributions with higher volume over lower volume.| Check Ellington Residential Volatility | Backtest Ellington Residential | Information Ratio |
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 Ellington Residential to competition |
Other Forecasting Options for Ellington Residential
For every potential investor in Ellington, whether a beginner or expert, Ellington Residential's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ellington Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ellington. Basic forecasting techniques help filter out the noise by identifying Ellington Residential's price trends.Ellington Residential 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 Ellington Residential stock to make a market-neutral strategy. Peer analysis of Ellington Residential could also be used in its relative valuation, which is a method of valuing Ellington Residential by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ellington Residential 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 Ellington Residential'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 Ellington Residential's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ellington Residential Market Strength Events
Market strength indicators help investors to evaluate how Ellington Residential stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ellington Residential shares will generate the highest return on investment. By undertsting and applying Ellington Residential stock market strength indicators, traders can identify Ellington Residential Mortgage entry and exit signals to maximize returns.
Ellington Residential Risk Indicators
The analysis of Ellington Residential'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 Ellington Residential's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ellington 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 | 1.24 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.94 | |||
| Downside Variance | 4.47 | |||
| Semi Variance | 3.24 | |||
| Expected Short fall | (1.23) |
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.
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 Ellington Residential 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, Ellington Residential's short interest history, or implied volatility extrapolated from Ellington Residential options trading.
Pair Trading with Ellington Residential
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 Ellington Residential 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 Ellington Residential will appreciate offsetting losses from the drop in the long position's value.Moving together with Ellington Stock
| 0.76 | DIST | Distoken Acquisition | PairCorr |
| 0.71 | AB | AllianceBernstein Financial Report 24th of April 2024 | PairCorr |
Moving against Ellington Stock
| 0.69 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
| 0.51 | AC | Associated Capital | PairCorr |
The ability to find closely correlated positions to Ellington Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Residential 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 Ellington Residential - 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 Ellington Residential Mortgage to buy it.
The correlation of Ellington Residential 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 Ellington Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Residential 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 Ellington Residential 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 Ellington Residential to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Ellington Stock analysis
When running Ellington Residential's price analysis, check to measure Ellington Residential'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 Ellington Residential is operating at the current time. Most of Ellington Residential's value examination focuses on studying past and present price action to predict the probability of Ellington Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Residential's price. Additionally, you may evaluate how the addition of Ellington Residential to your portfolios can decrease your overall portfolio volatility.
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Is Ellington Residential'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 Ellington Residential. If investors know Ellington 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 Ellington Residential 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 (0.15) | Dividend Share 0.96 | Earnings Share 0.31 | Revenue Per Share (0) | Quarterly Revenue Growth (0.83) |
The market value of Ellington Residential is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential'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 Ellington Residential's market value can be influenced by many factors that don't directly affect Ellington Residential'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 Ellington Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential'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.