Eurodry Stock Overlap Studies Simple Moving Average

EDRY -  USA Stock  

USD 22.35  0.41  1.80%

Eurodry overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Eurodry. Eurodry value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Simple Moving Average study function is designed to identify and follow existing trends. Eurodry overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.
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The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Eurodry for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Eurodry short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Eurodry Technical Analysis Modules

Most technical analysis of Eurodry help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eurodry from various momentum indicators to cycle indicators. When you analyze Eurodry charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Eurodry Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eurodry. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eurodry based on widely used predictive technical indicators. In general, we focus on analyzing Eurodry Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eurodry's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Eurodry's intrinsic value. In addition to deriving basic predictive indicators for Eurodry, we also check how macroeconomic factors affect Eurodry price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2018 2020 2021 (projected)
Book Value per Share19.515.2115.34
Asset Turnover0.220.20.19
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eurodry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eurodry in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.3522.4329.51
Details
Intrinsic
Valuation
LowReal ValueHigh
20.4827.5534.64
Details
Naive
Forecast
LowNext ValueHigh
13.0820.1627.23
Details
2 Analysts
Consensus
LowTarget PriceHigh
30.0032.5035.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eurodry. Your research has to be compared to or analyzed against Eurodry's peers to derive any actionable benefits. When done correctly, Eurodry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eurodry.

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Continue to Investing Opportunities. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Eurodry price analysis, check to measure Eurodry'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 Eurodry is operating at the current time. Most of Eurodry's value examination focuses on studying past and present price action to predict the probability of Eurodry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eurodry's price. Additionally, you may evaluate how the addition of Eurodry to your portfolios can decrease your overall portfolio volatility.
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The market value of Eurodry is measured differently than its book value, which is the value of Eurodry that is recorded on the company's balance sheet. Investors also form their own opinion of Eurodry's value that differs from its market value or its book value, called intrinsic value, which is Eurodry'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 Eurodry's market value can be influenced by many factors that don't directly affect Eurodry underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eurodry's value and its price as these two are different measures arrived at by different means. Investors typically determine Eurodry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurodry'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.