GREENLIGHT CAP Stock Forecast - Daily Balance Of Power

G8L Stock  EUR 13.30  0.00  0.00%   
GREENLIGHT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GREENLIGHT CAP stock prices and determine the direction of GREENLIGHT CAP RE's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of GREENLIGHT CAP's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On May 17, 2023 GREENLIGHT CAP RE had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of GREENLIGHT CAP RE market sensitivity to bulls and bears. It estimates the ability of GREENLIGHT CAP buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring GREENLIGHT CAP Balance of Power indicator one can determine a trend of the price direction.
Check GREENLIGHT CAP VolatilityBacktest GREENLIGHT CAPTrend Details  

GREENLIGHT CAP Trading Date Momentum

On May 18 2023 GREENLIGHT CAP RE was traded for  8.85  at the closing time. The maximum traded price for the trading interval was 8.85  and the lowest daily price was  8.85 . The daily volume was recorded at 511. The volume of trading on 18th of May 2023 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.72% . The overall trading delta to the closing price today is 1.72% .
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 GREENLIGHT CAP to competition

Other Forecasting Options for GREENLIGHT CAP

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

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

GREENLIGHT CAP RE 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 GREENLIGHT CAP'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 GREENLIGHT CAP's current price.

GREENLIGHT CAP Market Strength Events

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

GREENLIGHT CAP Risk Indicators

The analysis of GREENLIGHT CAP'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 GREENLIGHT CAP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting greenlight 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in GREENLIGHT Stock

GREENLIGHT CAP financial ratios help investors to determine whether GREENLIGHT 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 GREENLIGHT with respect to the benefits of owning GREENLIGHT CAP security.