BP Plc Pink Sheet Forecast - Daily Balance Of Power

BPAQF Stock  USD 5.01  0.02  0.40%   
BPAQF Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BP Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 11, 2024 BP plc had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of BP plc market sensitivity to bulls and bears. It estimates the ability of BP Plc buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BP Plc Balance of Power indicator one can determine a trend of the price direction.
Check BP Plc VolatilityBacktest BP PlcTrend Details  

BP Plc Trading Date Momentum

On December 12 2024 BP plc was traded for  5.01  at the closing time. The highest daily price throughout the period was 5.10  and the lowest price was  4.80 . The daily volume was 86.9 K. The net trading volume on 12/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.40% . The overall trading delta to current closing price is 0.40% .
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.
Compare BP Plc to competition

Other Forecasting Options for BP Plc

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

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

BP plc Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BP Plc'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 BP Plc's current price.

BP Plc Market Strength Events

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

BP Plc Risk Indicators

The analysis of BP Plc'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 BP Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bpaqf pink sheet 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.

Currently Active Assets on Macroaxis

Other Information on Investing in BPAQF Pink Sheet

BP Plc financial ratios help investors to determine whether BPAQF Pink Sheet 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 BPAQF with respect to the benefits of owning BP Plc security.