ESS Tech Stock Forecast - Daily Balance Of Power
| GWH Stock | USD 5.34 0.15 2.73% |
ESS Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ESS Tech's historical fundamentals, such as revenue growth or operating cash flow patterns.
ESS |
Open Interest Against 2024-12-20 ESS Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ESS Tech'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 ESS Tech's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for ESS Tech 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 ESS Tech's open interest, investors have to compare it to ESS Tech'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 ESS Tech 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 ESS. 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.
| Check ESS Tech Volatility | Backtest ESS Tech | Trend Details |
ESS Tech Trading Date Momentum
| On December 04 2024 ESS Tech was traded for 5.93 at the closing time. Highest ESS Tech's price during the trading hours was 6.13 and the lowest price during the day was 5.90 . The net volume was 83 K. The overall trading history on the 4th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.10% . The overall trading delta to current price is 11.11% . |
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 ESS Tech to competition |
Other Forecasting Options for ESS Tech
For every potential investor in ESS, whether a beginner or expert, ESS Tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ESS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ESS. Basic forecasting techniques help filter out the noise by identifying ESS Tech's price trends.ESS Tech 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 ESS Tech stock to make a market-neutral strategy. Peer analysis of ESS Tech could also be used in its relative valuation, which is a method of valuing ESS Tech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ESS Tech 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 ESS Tech'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 ESS Tech's current price.| Cycle Indicators | ||
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ESS Tech Market Strength Events
Market strength indicators help investors to evaluate how ESS Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESS Tech shares will generate the highest return on investment. By undertsting and applying ESS Tech stock market strength indicators, traders can identify ESS Tech entry and exit signals to maximize returns.
ESS Tech Risk Indicators
The analysis of ESS Tech'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 ESS Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ess 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 | 5.23 | |||
| Semi Deviation | 7.67 | |||
| Standard Deviation | 7.21 | |||
| Variance | 52.02 | |||
| Downside Variance | 65.35 | |||
| Semi Variance | 58.77 | |||
| Expected Short fall | (5.18) |
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
When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:Check out Historical Fundamental Analysis of ESS Tech to cross-verify your projections. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.62) | Revenue Per Share 0.654 | Quarterly Revenue Growth (0.88) | Return On Assets (0.42) | Return On Equity (0.88) |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.