Sewoon Medical Stock Forecast - Daily Balance Of Power
| 100700 Stock | KRW 2,540 15.00 0.59% |
Sewoon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sewoon Medical stock prices and determine the direction of Sewoon Medical Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sewoon Medical's historical fundamentals, such as revenue growth or operating cash flow patterns.
Sewoon |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.42) | (0.27) |
| Check Sewoon Medical Volatility | Backtest Sewoon Medical | Information Ratio |
Sewoon Medical Trading Date Momentum
| On November 29 2024 Sewoon Medical Co was traded for 2,540 at the closing time. The highest price during the trading period was 2,555 and the lowest recorded bid was listed for 2,500 . The volume for the day was 39 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.39% . |
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 Sewoon Medical to competition |
Other Forecasting Options for Sewoon Medical
For every potential investor in Sewoon, whether a beginner or expert, Sewoon Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sewoon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sewoon. Basic forecasting techniques help filter out the noise by identifying Sewoon Medical's price trends.Sewoon Medical 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 Sewoon Medical stock to make a market-neutral strategy. Peer analysis of Sewoon Medical could also be used in its relative valuation, which is a method of valuing Sewoon Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sewoon Medical 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 Sewoon Medical'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 Sewoon Medical's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sewoon Medical Market Strength Events
Market strength indicators help investors to evaluate how Sewoon Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sewoon Medical shares will generate the highest return on investment. By undertsting and applying Sewoon Medical stock market strength indicators, traders can identify Sewoon Medical Co entry and exit signals to maximize returns.
| Accumulation Distribution | 838.71 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2527.5 | |||
| Day Typical Price | 2531.67 | |||
| Market Facilitation Index | 0.0014 | |||
| Price Action Indicator | 5.0 | |||
| Period Momentum Indicator | (15.00) | |||
| Relative Strength Index | 28.29 |
Sewoon Medical Risk Indicators
The analysis of Sewoon Medical'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 Sewoon Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sewoon 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 | 1.14 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.76 |
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 Sewoon Medical
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 Sewoon Medical 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 Sewoon Medical will appreciate offsetting losses from the drop in the long position's value.Moving together with Sewoon Stock
Moving against Sewoon Stock
The ability to find closely correlated positions to Sewoon Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sewoon Medical 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 Sewoon Medical - 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 Sewoon Medical Co to buy it.
The correlation of Sewoon Medical 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 Sewoon Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sewoon Medical 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 Sewoon Medical 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 Sewoon Stock
Sewoon Medical financial ratios help investors to determine whether Sewoon 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 Sewoon with respect to the benefits of owning Sewoon Medical security.