EOG Resources Stock Forecast - Daily Balance Of Power
| EO5 Stock | EUR 114.94 1.12 0.98% |
EOG Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EOG Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
EOG |
| Check EOG Resources Volatility | Backtest EOG Resources | Trend Details |
EOG Resources Trading Date Momentum
| On November 22 2024 EOG Resources was traded for 130.66 at the closing time. The highest daily price throughout the period was 130.66 and the lowest price was 128.68 . The daily volume was 12.0. The net trading volume on 11/22/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.04% . The overall trading delta to current closing price is 3.31% . |
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 EOG Resources
For every potential investor in EOG, whether a beginner or expert, EOG Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EOG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EOG. Basic forecasting techniques help filter out the noise by identifying EOG Resources' price trends.EOG Resources 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 EOG Resources stock to make a market-neutral strategy. Peer analysis of EOG Resources could also be used in its relative valuation, which is a method of valuing EOG Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EOG Resources 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 EOG Resources' 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 EOG Resources' current price.| Cycle Indicators | ||
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| Volume Indicators |
EOG Resources Market Strength Events
Market strength indicators help investors to evaluate how EOG Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EOG Resources shares will generate the highest return on investment. By undertsting and applying EOG Resources stock market strength indicators, traders can identify EOG Resources entry and exit signals to maximize returns.
EOG Resources Risk Indicators
The analysis of EOG Resources' 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 EOG Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eog 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 | 1.31 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.6 | |||
| Downside Variance | 2.25 | |||
| Semi Variance | 2.12 | |||
| Expected Short fall | (1.61) |
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 Information and Resources on Investing in EOG Stock
When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:Check out Historical Fundamental Analysis of EOG Resources to cross-verify your projections. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.