Contact Energy Stock Forecast - Period Momentum Indicator

BZB Stock  EUR 4.64  0.00  0.00%   
Contact Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Contact Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 18, 2024 Contact Energy Limited had Period Momentum Indicator of 0.12. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Contact Energy Trading Date Momentum

On December 19 2024 Contact Energy Limited was traded for  4.64  at the closing time. The highest daily price throughout the period was 4.64  and the lowest price was  4.64 . The daily volume was 500. The net trading volume on 12/19/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.65% . The overall trading delta to current closing price is 2.65% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Contact Energy

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

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

Contact Energy 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 Contact Energy'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 Contact Energy's current price.

Contact Energy Market Strength Events

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

Contact Energy Risk Indicators

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

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Other Information on Investing in Contact Stock

Contact Energy financial ratios help investors to determine whether Contact 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 Contact with respect to the benefits of owning Contact Energy security.