Endesa SA Stock Forecast - Daily Balance Of Power
| ELE Stock | EUR 18.32 0.02 0.11% |
Endesa Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Endesa SA stock prices and determine the direction of Endesa SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Endesa SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Endesa SA to cross-verify your projections. Endesa |
Most investors in Endesa SA 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 Endesa SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Endesa SA's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Endesa SA market sensitivity to bulls and bears. It estimates the ability of Endesa SA buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Endesa SA Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4333 | 0.7761 |
| Check Endesa SA Volatility | Backtest Endesa SA | Trend Details |
Endesa SA Trading Date Momentum
| On March 07 2024 Endesa SA was traded for 16.96 at the closing time. The maximum traded price for the trading interval was 17.10 and the lowest daily price was 16.70 . The daily volume was recorded at 1.2 M. The volume of trading on 7th of March 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.13% . The overall trading delta to the closing price today is 0.60% . |
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.
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Other Forecasting Options for Endesa SA
For every potential investor in Endesa, whether a beginner or expert, Endesa SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Endesa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Endesa. Basic forecasting techniques help filter out the noise by identifying Endesa SA's price trends.Endesa SA 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 Endesa SA stock to make a market-neutral strategy. Peer analysis of Endesa SA could also be used in its relative valuation, which is a method of valuing Endesa SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Endesa SA 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 Endesa SA'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 Endesa SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Endesa SA Market Strength Events
Market strength indicators help investors to evaluate how Endesa SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Endesa SA shares will generate the highest return on investment. By undertsting and applying Endesa SA stock market strength indicators, traders can identify Endesa SA entry and exit signals to maximize returns.
| Accumulation Distribution | 10435.32 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.39 | |||
| Day Typical Price | 18.37 | |||
| Price Action Indicator | (0.08) | |||
| Period Momentum Indicator | (0.02) |
Endesa SA Risk Indicators
The analysis of Endesa SA'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 Endesa SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting endesa 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 | 1.08 | |||
| Semi Deviation | 1.24 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.87 | |||
| Downside Variance | 1.91 | |||
| Semi Variance | 1.54 | |||
| Expected Short fall | (1.12) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Endesa SA to cross-verify your projections. Note that the Endesa SA information on this page should be used as a complementary analysis to other Endesa SA'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Endesa Stock analysis
When running Endesa SA's price analysis, check to measure Endesa SA'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 Endesa SA is operating at the current time. Most of Endesa SA's value examination focuses on studying past and present price action to predict the probability of Endesa SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endesa SA's price. Additionally, you may evaluate how the addition of Endesa SA to your portfolios can decrease your overall portfolio volatility.
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