New Fortress Stock Forecast - Rate Of Daily Change

NFE Stock  USD 27.60  0.47  1.67%   
New Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast New Fortress stock prices and determine the direction of New Fortress Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of New Fortress' historical fundamentals, such as revenue growth or operating cash flow patterns. Although New Fortress' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of New Fortress' systematic risk associated with finding meaningful patterns of New Fortress fundamentals over time.
Check out Historical Fundamental Analysis of New Fortress to cross-verify your projections.
  
As of April 25, 2024, Inventory Turnover is expected to decline to 9.70. In addition to that, Payables Turnover is expected to decline to 2.21. The current year's Net Income Applicable To Common Shares is expected to grow to about 234.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 123.9 M.

Open Interest Against 2024-05-17 New Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast New Fortress' 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 New Fortress' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for New Fortress 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 New Fortress' open interest, investors have to compare it to New Fortress' 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 New Fortress 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 New. 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.
New Fortress Energy has current Rate Of Daily Change of 0.98.
Most investors in New Fortress 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 New Fortress' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets New Fortress' price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of New Fortress.
Check New Fortress VolatilityBacktest New FortressInformation Ratio  

New Fortress Trading Date Momentum

On April 24 2024 New Fortress Energy was traded for  27.60  at the closing time. Highest New Fortress's price during the trading hours was 28.07  and the lowest price during the day was  27.57 . The net volume was 790.5 K. The overall trading history on the 24th of April did not cause price change. The trading delta at closing time to current price is 1.70% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for New Fortress

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

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

New Fortress Energy 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 New Fortress' 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 New Fortress' current price.

New Fortress Market Strength Events

Market strength indicators help investors to evaluate how New Fortress stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Fortress shares will generate the highest return on investment. By undertsting and applying New Fortress stock market strength indicators, traders can identify New Fortress Energy entry and exit signals to maximize returns.

New Fortress Risk Indicators

The analysis of New Fortress' 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 New Fortress' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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.

New Fortress Investors Sentiment

The influence of New Fortress' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in New. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to New Fortress' public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Fortress Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
New Fortress' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for New Fortress' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average New Fortress' news discussions. The higher the estimated score, the more favorable is the investor's outlook on New Fortress.
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 New Fortress 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, New Fortress' short interest history, or implied volatility extrapolated from New Fortress options trading.

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When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of New Fortress to cross-verify your projections.
Note that the New Fortress Energy information on this page should be used as a complementary analysis to other New Fortress' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running New Fortress' price analysis, check to measure New Fortress' 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 New Fortress is operating at the current time. Most of New Fortress' value examination focuses on studying past and present price action to predict the probability of New Fortress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Fortress' price. Additionally, you may evaluate how the addition of New Fortress to your portfolios can decrease your overall portfolio volatility.
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Is New Fortress' 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 New Fortress. If investors know New 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 New Fortress 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
2.449
Dividend Share
3.4
Earnings Share
2.65
Revenue Per Share
11.718
Quarterly Revenue Growth
0.388
The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' 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 New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' 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 New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' 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.