Enterprise Bancorp Stock Forecast - Accumulation Distribution
EBTC Stock | USD 24.80 0.37 1.51% |
Enterprise Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enterprise Bancorp stock prices and determine the direction of Enterprise Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enterprise Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Enterprise Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Enterprise Bancorp's systematic risk associated with finding meaningful patterns of Enterprise Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Enterprise Bancorp to cross-verify your projections. Enterprise |
Most investors in Enterprise Bancorp 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 Enterprise Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Enterprise Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Enterprise Bancorp is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Enterprise Bancorp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Enterprise Bancorp trading volume to give more weight to distributions with higher volume over lower volume.Check Enterprise Bancorp Volatility | Backtest Enterprise Bancorp | 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 Enterprise Bancorp to competition |
Other Forecasting Options for Enterprise Bancorp
For every potential investor in Enterprise, whether a beginner or expert, Enterprise Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Enterprise Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Enterprise. Basic forecasting techniques help filter out the noise by identifying Enterprise Bancorp's price trends.Enterprise Bancorp 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 Enterprise Bancorp stock to make a market-neutral strategy. Peer analysis of Enterprise Bancorp could also be used in its relative valuation, which is a method of valuing Enterprise Bancorp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Enterprise Bancorp 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 Enterprise Bancorp'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 Enterprise Bancorp's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Enterprise Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Enterprise Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enterprise Bancorp shares will generate the highest return on investment. By undertsting and applying Enterprise Bancorp stock market strength indicators, traders can identify Enterprise Bancorp entry and exit signals to maximize returns.
Enterprise Bancorp Risk Indicators
The analysis of Enterprise Bancorp'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 Enterprise Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enterprise 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 | 1.47 | |||
Standard Deviation | 1.92 | |||
Variance | 3.7 |
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 Enterprise Bancorp 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, Enterprise Bancorp's short interest history, or implied volatility extrapolated from Enterprise Bancorp options trading.
Pair Trading with Enterprise Bancorp
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 Enterprise Bancorp 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 Enterprise Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Enterprise Stock
0.78 | AX | Axos Financial Earnings Call This Week | PairCorr |
0.78 | BY | Byline Bancorp Normal Trading | PairCorr |
Moving against Enterprise Stock
0.85 | TECTP | Tectonic Financial | PairCorr |
0.84 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
0.79 | CFG-PD | Citizens Financial | PairCorr |
0.73 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.56 | KB | KB Financial Group Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Enterprise Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Bancorp 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 Enterprise Bancorp - 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 Enterprise Bancorp to buy it.
The correlation of Enterprise Bancorp 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 Enterprise Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Bancorp 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 Enterprise Bancorp 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 Enterprise Bancorp to cross-verify your projections. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Enterprise Stock analysis
When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp'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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Bancorp'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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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 (0.36) | Dividend Share 0.92 | Earnings Share 3.11 | Revenue Per Share 13.208 | Quarterly Revenue Growth (0.11) |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.