Curo Holdings Stock Forecast - Daily Balance Of Power
| 051780 Stock | KRW 1,041 34.00 3.16% |
Curo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Curo Holdings stock prices and determine the direction of Curo Holdings Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Curo Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Curo |
| Check Curo Holdings Volatility | Backtest Curo Holdings | Information Ratio |
Curo Holdings Trading Date Momentum
| On December 26 2024 Curo Holdings Co was traded for 1,041 at the closing time. The highest price during the trading period was 1,070 and the lowest recorded bid was listed for 1,041 . There was no trading activity during the period 0.0. Lack of trading volume on December 26, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
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 Curo Holdings to competition |
Other Forecasting Options for Curo Holdings
For every potential investor in Curo, whether a beginner or expert, Curo Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Curo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Curo. Basic forecasting techniques help filter out the noise by identifying Curo Holdings' price trends.Curo Holdings 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 Curo Holdings stock to make a market-neutral strategy. Peer analysis of Curo Holdings could also be used in its relative valuation, which is a method of valuing Curo Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Curo Holdings 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 Curo Holdings' 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 Curo Holdings' current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Curo Holdings Market Strength Events
Market strength indicators help investors to evaluate how Curo Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Curo Holdings shares will generate the highest return on investment. By undertsting and applying Curo Holdings stock market strength indicators, traders can identify Curo Holdings Co entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0271 | |||
| Daily Balance Of Power | (1.17) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1055.5 | |||
| Day Typical Price | 1050.67 | |||
| Market Facilitation Index | 29.0 | |||
| Price Action Indicator | (31.50) | |||
| Period Momentum Indicator | (34.00) | |||
| Relative Strength Index | 23.1 |
Curo Holdings Risk Indicators
The analysis of Curo Holdings' 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 Curo Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting curo 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 | 2.27 | |||
| Standard Deviation | 4.39 | |||
| Variance | 19.31 |
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 Curo Holdings
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 Curo Holdings 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 Curo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Curo Stock
Moving against Curo Stock
| 0.88 | 122870 | YG Entertainment | PairCorr |
| 0.84 | 041510 | SM Entertainment | PairCorr |
| 0.83 | 035420 | Naver | PairCorr |
| 0.82 | 035900 | JYP Entertainment | PairCorr |
| 0.78 | 078160 | MEDIPOST | PairCorr |
The ability to find closely correlated positions to Curo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curo Holdings 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 Curo Holdings - 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 Curo Holdings Co to buy it.
The correlation of Curo Holdings 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 Curo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curo Holdings 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 Curo Holdings 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.Other Information on Investing in Curo Stock
Curo Holdings financial ratios help investors to determine whether Curo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Curo with respect to the benefits of owning Curo Holdings security.