090460 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BH Co stock prices and determine the direction of BH Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BH Co's historical fundamentals, such as revenue growth or operating cash flow patterns.
090460
BH Co has current Relative Strength Index of 61.08.
On December 11 2024 BH Co was traded for 15,910 at the closing time. The highest price during the trading period was 15,980 and the lowest recorded bid was listed for 15,000 . The volume for the day was 207.4 K. This history from December 11, 2024 did not affect price variability. The overall trading delta to the current price is 5.66% .
For every potential investor in 090460, whether a beginner or expert, BH Co's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 090460 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 090460. Basic forecasting techniques help filter out the noise by identifying BH Co's price trends.
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 BH Co stock to make a market-neutral strategy. Peer analysis of BH Co could also be used in its relative valuation, which is a method of valuing BH Co by comparing valuation metrics with similar companies.
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 BH Co'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 BH Co's current price.
Market strength indicators help investors to evaluate how BH Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BH Co shares will generate the highest return on investment. By undertsting and applying BH Co stock market strength indicators, traders can identify BH Co entry and exit signals to maximize returns.
The analysis of BH Co'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 BH Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 090460 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.
Pair Trading with BH Co
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 BH Co 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 BH Co will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to BH Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BH Co 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 BH Co - 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 BH Co to buy it.
The correlation of BH Co 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 BH Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BH Co 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 BH Co 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.
BH Co financial ratios help investors to determine whether 090460 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 090460 with respect to the benefits of owning BH Co security.