National Fuel Stock Forecast - Daily Balance Of Power
| NFG Stock | USD 53.75 0.18 0.34% |
National Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast National Fuel stock prices and determine the direction of National Fuel Gas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of National Fuel's historical fundamentals, such as revenue growth or operating cash flow patterns. Although National Fuel's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of National Fuel's systematic risk associated with finding meaningful patterns of National Fuel fundamentals over time.
Check out Historical Fundamental Analysis of National Fuel to cross-verify your projections. National |
Open Interest Against 2024-05-17 National Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast National Fuel'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 National Fuel's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for National Fuel 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 National Fuel's open interest, investors have to compare it to National Fuel'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 National Fuel 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 National. 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 National Fuel 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 National Fuel's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets National Fuel's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of National Fuel Gas market sensitivity to bulls and bears. It estimates the ability of National Fuel buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring National Fuel Balance of Power indicator one can determine a trend of the price direction.| Check National Fuel Volatility | Backtest National Fuel | Information Ratio |
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 National Fuel
For every potential investor in National, whether a beginner or expert, National Fuel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. National Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in National. Basic forecasting techniques help filter out the noise by identifying National Fuel's price trends.National Fuel 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 National Fuel stock to make a market-neutral strategy. Peer analysis of National Fuel could also be used in its relative valuation, which is a method of valuing National Fuel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
National Fuel Gas 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 National Fuel'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 National Fuel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
National Fuel Market Strength Events
Market strength indicators help investors to evaluate how National Fuel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Fuel shares will generate the highest return on investment. By undertsting and applying National Fuel stock market strength indicators, traders can identify National Fuel Gas entry and exit signals to maximize returns.
| Accumulation Distribution | 8863.76 | |||
| Daily Balance Of Power | 0.2022 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 53.57 | |||
| Day Typical Price | 53.63 | |||
| Price Action Indicator | 0.28 | |||
| Period Momentum Indicator | 0.18 |
National Fuel Risk Indicators
The analysis of National Fuel'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 National Fuel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national 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 | 1.02 | |||
| Semi Deviation | 0.9827 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.09 | |||
| Downside Variance | 1.52 | |||
| Semi Variance | 0.9657 | |||
| 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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of National Fuel to cross-verify your projections. Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel'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 Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for National Stock analysis
When running National Fuel's price analysis, check to measure National Fuel'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 National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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Is National Fuel'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 National Fuel. If investors know National 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 National Fuel 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 (0.22) | Dividend Share 1.96 | Earnings Share 4.77 | Revenue Per Share 22.218 | Quarterly Revenue Growth (0.20) |
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel'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 National Fuel's market value can be influenced by many factors that don't directly affect National Fuel'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 National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel'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.