Celltrion Stock Forecast - Daily Balance Of Power
| 068270 Stock | 194,400 500.00 0.26% |
Celltrion Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Celltrion stock prices and determine the direction of Celltrion's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Celltrion's historical fundamentals, such as revenue growth or operating cash flow patterns.
Celltrion |
| Check Celltrion Volatility | Backtest Celltrion | Information Ratio |
Celltrion Trading Date Momentum
| On December 24 2024 Celltrion was traded for 194,400 at the closing time. The highest price during the trading period was 194,700 and the lowest recorded bid was listed for 192,200 . The volume for the day was 357.9 K. This history from December 24, 2024 did not affect price variability. The overall trading delta to the current price is 0.26% . |
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 Celltrion
For every potential investor in Celltrion, whether a beginner or expert, Celltrion's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Celltrion Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Celltrion. Basic forecasting techniques help filter out the noise by identifying Celltrion's price trends.Celltrion 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 Celltrion stock to make a market-neutral strategy. Peer analysis of Celltrion could also be used in its relative valuation, which is a method of valuing Celltrion by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Celltrion 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 Celltrion'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 Celltrion's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Celltrion Market Strength Events
Market strength indicators help investors to evaluate how Celltrion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Celltrion shares will generate the highest return on investment. By undertsting and applying Celltrion stock market strength indicators, traders can identify Celltrion entry and exit signals to maximize returns.
| Accumulation Distribution | 4595.84 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 193450.0 | |||
| Day Typical Price | 193767.0 | |||
| Market Facilitation Index | 0.007 | |||
| Price Action Indicator | 1200.0 | |||
| Period Momentum Indicator | 500.0 |
Celltrion Risk Indicators
The analysis of Celltrion'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 Celltrion's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting celltrion 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 | 1.59 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.36 | |||
| Downside Variance | 4.92 | |||
| Semi Variance | 4.43 | |||
| Expected Short fall | (1.55) |
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 Celltrion
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 Celltrion 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 Celltrion will appreciate offsetting losses from the drop in the long position's value.Moving together with Celltrion Stock
Moving against Celltrion Stock
| 0.6 | 041510 | SM Entertainment | PairCorr |
| 0.5 | 032830 | Samsung Life | PairCorr |
| 0.44 | 105560 | KB Financial Group | PairCorr |
| 0.36 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Celltrion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celltrion 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 Celltrion - 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 Celltrion to buy it.
The correlation of Celltrion 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 Celltrion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celltrion 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 Celltrion 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 Celltrion Stock
Celltrion financial ratios help investors to determine whether Celltrion 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 Celltrion with respect to the benefits of owning Celltrion security.