Tsakos Energy Stock Forecast - Accumulation Distribution
| TEN Stock | USD 18.17 0.47 2.52% |
Tsakos Stock Forecast is based on your current time horizon. Although Tsakos Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Tsakos Energy's systematic risk associated with finding meaningful patterns of Tsakos Energy fundamentals over time.
Tsakos |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 10191.66 | 10245.06 |
| Check Tsakos Energy Volatility | Backtest Tsakos Energy | Trend Details |
Tsakos Energy Trading Date Momentum
| On October 07 2024 Tsakos Energy Navigation was traded for 26.51 at the closing time. Highest Tsakos Energy's price during the trading hours was 26.71 and the lowest price during the day was 26.03 . The net volume was 251.3 K. The overall trading history on the 7th of October contributed to the next trading period price boost. The trading price change to the next next day price was 1.30% . The trading price change to current price is 0.88% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Tsakos Energy to competition |
Other Forecasting Options for Tsakos Energy
For every potential investor in Tsakos, whether a beginner or expert, Tsakos Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tsakos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tsakos. Basic forecasting techniques help filter out the noise by identifying Tsakos Energy's price trends.Tsakos 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 Tsakos Energy stock to make a market-neutral strategy. Peer analysis of Tsakos Energy could also be used in its relative valuation, which is a method of valuing Tsakos Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tsakos Energy Navigation 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 Tsakos 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 Tsakos Energy's current price.| Cycle Indicators | ||
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| Volume Indicators |
Tsakos Energy Market Strength Events
Market strength indicators help investors to evaluate how Tsakos 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 Tsakos Energy shares will generate the highest return on investment. By undertsting and applying Tsakos Energy stock market strength indicators, traders can identify Tsakos Energy Navigation entry and exit signals to maximize returns.
Tsakos Energy Risk Indicators
The analysis of Tsakos 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 Tsakos Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tsakos 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 | 1.64 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.97 |
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.
Pair Trading with Tsakos Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Tsakos Stock
Moving against Tsakos Stock
| 0.84 | DTM | DT Midstream | PairCorr |
| 0.83 | OKE | ONEOK Inc | PairCorr |
| 0.82 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.81 | KMI | Kinder Morgan Fiscal Year End 15th of January 2025 | PairCorr |
| 0.81 | LNG | Cheniere Energy | PairCorr |
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Tsakos Energy to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Oil & Gas Storage & Transportation 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 Tsakos Energy. If investors know Tsakos 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 Tsakos 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 0.43 | Earnings Share 5.66 | Revenue Per Share 27.878 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0456 |
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos 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 Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos 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 Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos 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.