New Oriental Stock Forecast - Rate Of Daily Change
EDU Stock | USD 63.17 0.15 0.24% |
New Stock Forecast is based on your current time horizon.
New |
Open Interest Against 2024-12-20 New Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast New Oriental's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in New Oriental's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for New Oriental stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current New Oriental's open interest, investors have to compare it to New Oriental's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of New Oriental is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in New. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
0.98 | 1.01 |
Check New Oriental Volatility | Backtest New Oriental | Trend Details |
New Oriental Trading Date Momentum
On December 03 2024 New Oriental Education was traded for 63.84 at the closing time. Highest New Oriental's price during the trading hours was 64.02 and the lowest price during the day was 60.30 . The net volume was 2.7 M. The overall trading history on the 3rd of December contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 6.54% . The trading delta at closing time to current price is 10.85% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for New Oriental
For every potential investor in New, whether a beginner or expert, New Oriental's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New Oriental's price trends.New Oriental 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 New Oriental stock to make a market-neutral strategy. Peer analysis of New Oriental could also be used in its relative valuation, which is a method of valuing New Oriental by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
New Oriental Education 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 New Oriental'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 New Oriental's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
New Oriental Market Strength Events
Market strength indicators help investors to evaluate how New Oriental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Oriental shares will generate the highest return on investment. By undertsting and applying New Oriental stock market strength indicators, traders can identify New Oriental Education entry and exit signals to maximize returns.
New Oriental Risk Indicators
The analysis of New Oriental'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 New Oriental's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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 | 2.49 | |||
Semi Deviation | 2.99 | |||
Standard Deviation | 3.6 | |||
Variance | 12.96 | |||
Downside Variance | 9.59 | |||
Semi Variance | 8.92 | |||
Expected Short fall | (2.76) |
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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Additional Tools for New Stock Analysis
When running New Oriental's price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.