Manila Electric Stock Forecast - Period Momentum Indicator

MER Stock   470.00  4.00  0.84%   
Manila Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Manila Electric stock prices and determine the direction of Manila Electric Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Manila Electric's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 17, 2024 Manila Electric Co had Period Momentum Indicator of (3.00). 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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Manila Electric Trading Date Momentum

On December 17 2024 Manila Electric Co was traded for  470.00  at the closing time. The highest price during the trading period was 474.00  and the lowest recorded bid was listed for  462.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 17, 2024 did not cause price change. The trading delta at closing time to the current price is 0.64% .
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 Manila Electric

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

Manila Electric 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 Manila Electric stock to make a market-neutral strategy. Peer analysis of Manila Electric could also be used in its relative valuation, which is a method of valuing Manila Electric by comparing valuation metrics with similar companies.
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Manila Electric 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 Manila Electric'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 Manila Electric's current price.

Manila Electric Market Strength Events

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

Manila Electric Risk Indicators

The analysis of Manila Electric'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 Manila Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting manila 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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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 Manila Stock

Manila Electric financial ratios help investors to determine whether Manila 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 Manila with respect to the benefits of owning Manila Electric security.