Enags SA Stock Forecast - Accumulation Distribution

ENG Stock  EUR 14.13  0.11  0.77%   
Enags Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enags SA stock prices and determine the direction of Enags SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enags SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Enags SA to cross-verify your projections.
  
On March 8, 2024 Enags SA had Accumulation Distribution of 12350.96.
Most investors in Enags 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 Enags SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Enags SA's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Enags SA is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Enags SA to determine if accumulation or reduction is taking place in the market. This value is adjusted by Enags SA trading volume to give more weight to distributions with higher volume over lower volume.
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Enags SA Trading Date Momentum

On March 11 2024 Enags SA was traded for  13.51  at the closing time. The maximum traded price for the trading interval was 13.67  and the lowest daily price was  13.39 . The daily volume was recorded at 770.1 K. The volume of trading on 11th of March 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the closing price today is 0.52% .
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
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Other Forecasting Options for Enags SA

For every potential investor in Enags, whether a beginner or expert, Enags SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Enags Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Enags. Basic forecasting techniques help filter out the noise by identifying Enags SA's price trends.

Enags 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 Enags SA stock to make a market-neutral strategy. Peer analysis of Enags SA could also be used in its relative valuation, which is a method of valuing Enags SA by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Enags 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 Enags 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 Enags SA's current price.

Enags SA Market Strength Events

Market strength indicators help investors to evaluate how Enags 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 Enags SA shares will generate the highest return on investment. By undertsting and applying Enags SA stock market strength indicators, traders can identify Enags SA entry and exit signals to maximize returns.

Enags SA Risk Indicators

The analysis of Enags 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 Enags SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enags 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.
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 Enags SA to cross-verify your projections.
Note that the Enags SA information on this page should be used as a complementary analysis to other Enags 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Enags SA's price analysis, check to measure Enags 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 Enags SA is operating at the current time. Most of Enags SA's value examination focuses on studying past and present price action to predict the probability of Enags 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 Enags SA's price. Additionally, you may evaluate how the addition of Enags SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Enags SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enags SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enags SA'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.