In the dynamic world of trading, certain strategies and analytical tools can lead to substantial returns. The Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) provides a compelling example, recently generating a 10.92% return for the Veritas Petroleum (VET) stocks.
The Model operates on an innovative blend of technical and fundamental analysis (TA&FA). Technical analysis, often employed by short-term traders, utilizes past price movements to predict future market behavior. Fundamental analysis, conversely, looks at the financial health and operational efficiency of a company to estimate its intrinsic value. By combining these two strategies, the Model aims to exploit short-term price fluctuations while capitalizing on long-term value creation.
Interestingly, the Model employed the Aroon Indicator, which recently flagged an uptrend for VET. This tool calculates the strength of a trend and can predict potential reversals. As such, its identification of an uptrend indicates positive price momentum for VET. The Aroon Indicator's reliability is evident in 167 of the 221 cases, where, following the tool's uptrend identification, VET's price rose within the subsequent month, a success rate of approximately 76%.
The Model's performance showcases how robust trading strategies can generate significant returns. Combining technical and fundamental analysis provides a comprehensive view of a company’s health and potential, allowing for sound trading decisions.
The incorporation of the Aroon Indicator into the Model further enhances its predictive prowess. By signaling uptrends and potential reversals, it provides crucial information that can aid in making timely and profitable decisions. Thus, the Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) remains a solid strategy for those seeking to optimize their trading performance.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where VET declined for three days, in of 300 cases, the price declined further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for VET moved out of overbought territory on September 13, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on VET as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for VET turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
VET broke above its upper Bollinger Band on September 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 50-day moving average for VET moved above the 200-day moving average on September 14, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VET advanced for three days, in of 287 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 214 cases where VET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.836) is normal, around the industry mean (6.231). P/E Ratio (2.300) is within average values for comparable stocks, (16.603). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.541). Dividend Yield (0.019) settles around the average of (0.124) among similar stocks. P/S Ratio (0.936) is also within normal values, averaging (120.481).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VET’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. VET’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company that explores and produces oil and natural gas
|MFs / NAME||Price $||Chg $||Chg %|
|GuideStone Funds Equity Index Instl|
|New Alternatives Investor|
|Vanguard Global ESG Select Stk Investor|
|American Funds American Balanced R5|
|Sterling Capital Behav Sm Cp Val Eq Intl|
A.I.dvisor indicates that over the last year, VET has been closely correlated with CPG. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if VET jumps, then CPG could also see price increases.