DTE Energy Stock Forecast - Daily Balance Of Power

DTB Stock  USD 21.37  0.38  1.81%   
DTE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DTE Energy stock prices and determine the direction of DTE Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DTE Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, DTE Energy's Inventory Turnover is projected to increase slightly based on the last few years of reporting. The current year's Payables Turnover is expected to grow to 6.38, whereas Receivables Turnover is forecasted to decline to 5.93. . As of October 14, 2024, Common Stock Shares Outstanding is expected to decline to about 195.6 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 1.2 B.
DTE Energy has current Daily Balance Of Power of 0.8261. Most investors in DTE Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the DTE Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DTE Energy's price structures and extracts relationships that further increase the accuracy of the generated results. Balance of Power indicator (or BOP) measures the strength of DTE Energy market sensitivity to bulls and bears. It estimates the ability of DTE Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring DTE Energy Balance of Power indicator one can determine a trend of the price direction.
Check DTE Energy VolatilityBacktest DTE EnergyInformation Ratio  

DTE Energy Trading Date Momentum

On October 14 2024 DTE Energy was traded for  21.37  at the closing time. Highest DTE Energy's price during the trading hours was 21.38  and the lowest price during the day was  20.92 . There was no trading activity during the period 0.0. Lack of trading volume on the 14th of October 2024 did not affect price variability. The overall trading delta to current price is 2.01% .
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.
Compare DTE Energy to competition

Other Forecasting Options for DTE Energy

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

DTE 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 DTE Energy stock to make a market-neutral strategy. Peer analysis of DTE Energy could also be used in its relative valuation, which is a method of valuing DTE Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

DTE 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 DTE 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 DTE Energy's current price.

DTE Energy Market Strength Events

Market strength indicators help investors to evaluate how DTE 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 DTE Energy shares will generate the highest return on investment. By undertsting and applying DTE Energy stock market strength indicators, traders can identify DTE Energy entry and exit signals to maximize returns.

DTE Energy Risk Indicators

The analysis of DTE 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 DTE Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dte 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.

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.
When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of DTE Energy to cross-verify your projections.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Utilities 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 DTE Energy. If investors know DTE 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 DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.0752
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE 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 DTE Energy's market value can be influenced by many factors that don't directly affect DTE 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 DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE 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.