Ring Energy Stock Forecast - Daily Balance Of Power
| REI Stock | USD 1.32 0.01 0.75% |
Ring Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ring Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Ring |
| Check Ring Energy Volatility | Backtest Ring Energy | Trend Details |
Ring Energy Trading Date Momentum
| On December 09 2024 Ring Energy was traded for 1.41 at the closing time. Highest Ring Energy's price during the trading hours was 1.49 and the lowest price during the day was 1.39 . The net volume was 3.5 M. The overall trading history on the 9th of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 2.17% . The trading delta at closing time to current price is 3.62% . |
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 Ring Energy
For every potential investor in Ring, whether a beginner or expert, Ring Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ring Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ring. Basic forecasting techniques help filter out the noise by identifying Ring Energy's price trends.Ring Energy 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 Ring Energy stock to make a market-neutral strategy. Peer analysis of Ring Energy could also be used in its relative valuation, which is a method of valuing Ring Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ring Energy 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 Ring Energy'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 Ring Energy's current price.| Cycle Indicators | ||
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Ring Energy Market Strength Events
Market strength indicators help investors to evaluate how Ring Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ring Energy shares will generate the highest return on investment. By undertsting and applying Ring Energy stock market strength indicators, traders can identify Ring Energy entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.32 | |||
| Day Typical Price | 1.32 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Ring Energy Risk Indicators
The analysis of Ring Energy'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 Ring Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ring 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 | 2.24 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.1 |
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 Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy'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 Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:Check out Historical Fundamental Analysis of Ring Energy to cross-verify your projections. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Oil & Gas Exploration & Production 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 Ring Energy. If investors know Ring 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 Ring Energy 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 (0.26) | Earnings Share 0.57 | Revenue Per Share 1.853 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0829 |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy'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 Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy'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 Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy'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.