SGA Solutions Stock Forecast - Price Action Indicator

184230 Stock  KRW 454.00  3.52  0.78%   
SGA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SGA Solutions stock prices and determine the direction of SGA Solutions CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SGA Solutions' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
SGA Solutions CoLtd has current Price Action Indicator of 0.26. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check SGA Solutions VolatilityBacktest SGA SolutionsInformation Ratio  

SGA Solutions Trading Date Momentum

On December 27 2024 SGA Solutions CoLtd was traded for  454.00  at the closing time. The highest price during the trading period was 468.00  and the lowest recorded bid was listed for  443.00 . The volume for the day was 12.7 K. This history from December 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.08% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for SGA Solutions

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

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

SGA Solutions CoLtd 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 SGA Solutions' 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 SGA Solutions' current price.

SGA Solutions Market Strength Events

Market strength indicators help investors to evaluate how SGA Solutions stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SGA Solutions shares will generate the highest return on investment. By undertsting and applying SGA Solutions stock market strength indicators, traders can identify SGA Solutions CoLtd entry and exit signals to maximize returns.

SGA Solutions Risk Indicators

The analysis of SGA Solutions' 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 SGA Solutions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sga 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 SGA Solutions

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 SGA Solutions 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 SGA Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with SGA Stock

  0.7034730 SK HoldingsPairCorr
  0.73005490 POSCO HoldingsPairCorr

Moving against SGA Stock

  0.83039240 Gyeongnam SteelPairCorr
  0.74078160 MEDIPOSTPairCorr
  0.7241840 ASTORY CoLtdPairCorr
  0.68065660 AnterogenCoLtdPairCorr
  0.6032640 LG UplusPairCorr
The ability to find closely correlated positions to SGA Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SGA Solutions 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 SGA Solutions - 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 SGA Solutions CoLtd to buy it.
The correlation of SGA Solutions 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 SGA Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SGA Solutions CoLtd 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 SGA Solutions 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in SGA Stock

SGA Solutions financial ratios help investors to determine whether SGA 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 SGA with respect to the benefits of owning SGA Solutions security.