NRG Energy Stock Forecast - Rate Of Daily Change
| NRG Stock | USD 70.52 2.90 3.95% |
NRG Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NRG Energy stock prices and determine the direction of NRG Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NRG Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although NRG Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NRG Energy's systematic risk associated with finding meaningful patterns of NRG Energy fundamentals over time.
Check out Historical Fundamental Analysis of NRG Energy to cross-verify your projections. NRG |
Open Interest Against 2024-04-19 NRG Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NRG Energy'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 NRG Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NRG Energy 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 NRG Energy's open interest, investors have to compare it to NRG Energy'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 NRG Energy 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 NRG. 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 NRG Energy 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 NRG Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NRG Energy's 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 NRG Energy.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.99 | 0.96 |
| Check NRG Energy Volatility | Backtest NRG Energy | Information Ratio |
NRG Energy Trading Date Momentum
| On April 18 2024 NRG Energy was traded for 70.52 at the closing time. Highest NRG Energy's price during the trading hours was 74.07 and the lowest price during the day was 70.45 . The net volume was 4.1 M. The overall trading history on the 18th of April 2024 did not cause price change. The trading delta at closing time to current price is 4.44% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare NRG Energy to competition |
Other Forecasting Options for NRG Energy
For every potential investor in NRG, whether a beginner or expert, NRG Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NRG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NRG. Basic forecasting techniques help filter out the noise by identifying NRG Energy's price trends.NRG Energy 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 NRG Energy stock to make a market-neutral strategy. Peer analysis of NRG Energy could also be used in its relative valuation, which is a method of valuing NRG Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NRG 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 NRG Energy'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 NRG Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NRG Energy Market Strength Events
Market strength indicators help investors to evaluate how NRG Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NRG Energy shares will generate the highest return on investment. By undertsting and applying NRG Energy stock market strength indicators, traders can identify NRG Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 201112.0 | |||
| Daily Balance Of Power | (0.80) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 72.26 | |||
| Day Typical Price | 71.68 | |||
| Price Action Indicator | (3.19) | |||
| Period Momentum Indicator | (2.90) | |||
| Relative Strength Index | 98.27 |
NRG Energy Risk Indicators
The analysis of NRG Energy'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 NRG Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nrg 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 | 1.32 | |||
| Semi Deviation | 0.7058 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.69 | |||
| Downside Variance | 1.71 | |||
| Semi Variance | 0.4982 | |||
| Expected Short fall | (1.55) |
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 NRG Energy to cross-verify your projections. For more detail on how to invest in NRG Stock please use our How to Invest in NRG Energy guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for NRG Stock analysis
When running NRG Energy's price analysis, check to measure NRG Energy'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 NRG Energy is operating at the current time. Most of NRG Energy's value examination focuses on studying past and present price action to predict the probability of NRG Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRG Energy's price. Additionally, you may evaluate how the addition of NRG Energy to your portfolios can decrease your overall portfolio volatility.
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Is NRG Energy'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 NRG Energy. If investors know NRG 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 NRG Energy 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 3.946 | Dividend Share 1.54 | Earnings Share (1.12) | Revenue Per Share 126.417 | Quarterly Revenue Growth (0.13) |
The market value of NRG Energy is measured differently than its book value, which is the value of NRG that is recorded on the company's balance sheet. Investors also form their own opinion of NRG Energy's value that differs from its market value or its book value, called intrinsic value, which is NRG Energy'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 NRG Energy's market value can be influenced by many factors that don't directly affect NRG Energy'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 NRG Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NRG Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NRG Energy'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.