Noble Plc Stock Forecast - Daily Balance Of Power
| NE Stock | USD 33.25 0.65 1.92% |
Noble Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Noble Plc stock prices and determine the direction of Noble plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Noble Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
Noble |
Open Interest Against 2024-12-20 Noble Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Noble Plc'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 Noble Plc's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Noble Plc 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 Noble Plc's open interest, investors have to compare it to Noble Plc'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 Noble Plc 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 Noble. 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 Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.12) | (0.47) |
| Check Noble Plc Volatility | Backtest Noble Plc | Information Ratio |
Noble Plc Trading Date Momentum
| On December 04 2024 Noble plc was traded for 33.25 at the closing time. The highest price during the trading period was 33.71 and the lowest recorded bid was listed for 32.74 . The volume for the day was 1.7 M. This history from December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 1.38% . |
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 Noble Plc
For every potential investor in Noble, whether a beginner or expert, Noble Plc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Noble Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Noble. Basic forecasting techniques help filter out the noise by identifying Noble Plc's price trends.Noble Plc 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 Noble Plc stock to make a market-neutral strategy. Peer analysis of Noble Plc could also be used in its relative valuation, which is a method of valuing Noble Plc by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Noble plc 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 Noble Plc'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 Noble Plc's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Noble Plc Market Strength Events
Market strength indicators help investors to evaluate how Noble Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noble Plc shares will generate the highest return on investment. By undertsting and applying Noble Plc stock market strength indicators, traders can identify Noble plc entry and exit signals to maximize returns.
| Accumulation Distribution | 49942.25 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 33.23 | |||
| Day Typical Price | 33.23 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.65) | |||
| Relative Strength Index | 47.99 |
Noble Plc Risk Indicators
The analysis of Noble Plc'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 Noble Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting noble 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 | 1.84 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.39 |
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.Check out Historical Fundamental Analysis of Noble Plc to cross-verify your projections. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Energy Equipment & Services 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 Noble Plc. If investors know Noble 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 Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Dividend Share 1.7 | Earnings Share 3.4 | Revenue Per Share 18.385 | Quarterly Revenue Growth 0.138 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.