Energy Of Stock Forecast - Relative Strength Index

CIG-C Stock  USD 2.34  0.08  3.31%   
Energy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Energy Of stock prices and determine the direction of Energy of Minas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Energy Of's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Energy Of's Fixed Asset Turnover is projected to increase based on the last few years of reporting. . As of December 2, 2024, Common Stock Shares Outstanding is expected to decline to about 1.9 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 2.6 B.
Energy of Minas has current Relative Strength Index of 0.
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Energy Of Trading Date Momentum

On December 02 2024 Energy of Minas was traded for  2.34  at the closing time. The highest daily price throughout the period was 2.43  and the lowest price was  2.34 . The daily volume was 7.4 K. The net trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 3.85% .
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Other Forecasting Options for Energy Of

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

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

Energy of Minas 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 Energy Of'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 Energy Of's current price.

Energy Of Market Strength Events

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

Energy Of Risk Indicators

The analysis of Energy Of'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 Energy Of's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting energy 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Energy Stock

Energy Of financial ratios help investors to determine whether Energy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Energy with respect to the benefits of owning Energy Of security.