Public Service Stock Forecast - Accumulation Distribution
| PEG Stock | USD 66.71 0.97 1.48% |
Public Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Public Service stock prices and determine the direction of Public Service Enterprise's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Public Service's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Public Service's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Public Service's systematic risk associated with finding meaningful patterns of Public Service fundamentals over time.
Check out Historical Fundamental Analysis of Public Service to cross-verify your projections. Public |
Open Interest Against 2024-05-17 Public Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Public Service'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 Public Service's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Public Service 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 Public Service's open interest, investors have to compare it to Public Service'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 Public Service 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 Public. 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 Public Service 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 Public Service's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Public Service's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Public Service is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Public Service Enterprise to determine if accumulation or reduction is taking place in the market. This value is adjusted by Public Service trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 57650.35 | 0.0215 |
| Check Public Service Volatility | Backtest Public Service | Information Ratio |
Public Service Trading Date Momentum
| On April 23 2024 Public Service Enterprise was traded for 66.71 at the closing time. Highest Public Service's price during the trading hours was 67.07 and the lowest price during the day was 65.63 . There was no trading activity during the period 0.0. Lack of trading volume on the 23rd of April did not cause price change. The trading delta at closing time to current price is 1.39% . |
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
| Compare Public Service to competition |
Other Forecasting Options for Public Service
For every potential investor in Public, whether a beginner or expert, Public Service's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Public Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Public. Basic forecasting techniques help filter out the noise by identifying Public Service's price trends.Public Service 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 Public Service stock to make a market-neutral strategy. Peer analysis of Public Service could also be used in its relative valuation, which is a method of valuing Public Service by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Public Service Enterprise 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 Public Service'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 Public Service's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Public Service Market Strength Events
Market strength indicators help investors to evaluate how Public Service stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Public Service shares will generate the highest return on investment. By undertsting and applying Public Service stock market strength indicators, traders can identify Public Service Enterprise entry and exit signals to maximize returns.
Public Service Risk Indicators
The analysis of Public Service'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 Public Service's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting public 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 | 0.8219 | |||
| Semi Deviation | 0.7795 | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.13 | |||
| Downside Variance | 1.12 | |||
| Semi Variance | 0.6076 | |||
| Expected Short fall | (0.89) |
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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Check out Historical Fundamental Analysis of Public Service to cross-verify your projections. Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Public Stock analysis
When running Public Service's price analysis, check to measure Public Service'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 Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.
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Is Public Service'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 Public Service. If investors know Public 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 Public Service 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 (0.31) | Dividend Share 2.28 | Earnings Share 5.13 | Revenue Per Share 22.564 | Quarterly Revenue Growth (0.17) |
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.