Battalion Oil Stock Forecast - Daily Balance Of Power
| BATL Stock | USD 1.39 1.05 43.03% |
Battalion Stock Forecast is based on your current time horizon. Although Battalion Oil's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Battalion Oil's systematic risk associated with finding meaningful patterns of Battalion Oil fundamentals over time.
Battalion |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4815 | 0.6667 |
| Check Battalion Oil Volatility | Backtest Battalion Oil | Trend Details |
Battalion Oil Trading Date Momentum
| On April 03 2024 Battalion Oil Corp was traded for 6.07 at the closing time. The top price for the day was 6.33 and the lowest listed price was 5.94 . The trading volume for the day was 146.8 K. The trading history from April 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.33% . The overall trading delta against the current closing price is 4.43% . |
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 Battalion Oil
For every potential investor in Battalion, whether a beginner or expert, Battalion Oil's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Battalion Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Battalion. Basic forecasting techniques help filter out the noise by identifying Battalion Oil's price trends.Battalion Oil 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 Battalion Oil stock to make a market-neutral strategy. Peer analysis of Battalion Oil could also be used in its relative valuation, which is a method of valuing Battalion Oil by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Battalion Oil Corp 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 Battalion Oil'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 Battalion Oil's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Battalion Oil Market Strength Events
Market strength indicators help investors to evaluate how Battalion Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Battalion Oil shares will generate the highest return on investment. By undertsting and applying Battalion Oil stock market strength indicators, traders can identify Battalion Oil Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.57 | |||
| Day Median Price | 1.39 | |||
| Day Typical Price | 1.39 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (1.05) | |||
| Relative Strength Index | 21.64 |
Battalion Oil Risk Indicators
The analysis of Battalion Oil'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 Battalion Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting battalion 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 | 4.62 | |||
| Semi Deviation | 7.7 | |||
| Standard Deviation | 16.86 | |||
| Variance | 284.31 | |||
| Downside Variance | 93.73 | |||
| Semi Variance | 59.35 | |||
| Expected Short fall | (5.78) |
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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Is Oil & Gas Exploration & Production space 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 Battalion Oil. If investors know Battalion 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 Battalion Oil 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 7.127 | Earnings Share (0.38) | Revenue Per Share 11.635 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0709 |
The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion Oil'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 Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion Oil'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 Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion Oil'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.