Newretail Stock Forecast - Period Momentum Indicator
| 3085 Stock | TWD 24.50 0.20 0.81% |
Newretail Stock Forecast is based on your current time horizon.
Newretail |
| Check Newretail Volatility | Backtest Newretail | Information Ratio |
Newretail Trading Date Momentum
| On December 11 2024 Newretail Co was traded for 24.50 at the closing time. The highest price during the trading period was 24.50 and the lowest recorded bid was listed for 24.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 11, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Newretail
For every potential investor in Newretail, whether a beginner or expert, Newretail's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Newretail Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Newretail. Basic forecasting techniques help filter out the noise by identifying Newretail's price trends.Newretail 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 Newretail stock to make a market-neutral strategy. Peer analysis of Newretail could also be used in its relative valuation, which is a method of valuing Newretail by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Newretail 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 Newretail'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 Newretail's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Newretail Market Strength Events
Market strength indicators help investors to evaluate how Newretail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newretail shares will generate the highest return on investment. By undertsting and applying Newretail stock market strength indicators, traders can identify Newretail Co entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 24.5 | |||
| Day Typical Price | 24.5 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.20) | |||
| Relative Strength Index | 72.95 |
Newretail Risk Indicators
The analysis of Newretail'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 Newretail's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newretail 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 | 2.9 | |||
| Semi Deviation | 2.14 | |||
| Standard Deviation | 4.02 | |||
| Variance | 16.19 | |||
| Downside Variance | 10.96 | |||
| Semi Variance | 4.56 | |||
| Expected Short fall | (4.01) |
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 Newretail
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 Newretail 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 Newretail will appreciate offsetting losses from the drop in the long position's value.Moving against Newretail Stock
| 0.66 | 3034 | Novatek Microelectronics | PairCorr |
| 0.56 | 5274 | Aspeed Technology | PairCorr |
| 0.46 | 3008 | LARGAN Precision | PairCorr |
| 0.46 | 2327 | Yageo Corp | PairCorr |
The ability to find closely correlated positions to Newretail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newretail 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 Newretail - 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 Newretail Co to buy it.
The correlation of Newretail 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 Newretail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newretail 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 Newretail 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.Additional Tools for Newretail Stock Analysis
When running Newretail's price analysis, check to measure Newretail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newretail is operating at the current time. Most of Newretail's value examination focuses on studying past and present price action to predict the probability of Newretail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newretail's price. Additionally, you may evaluate how the addition of Newretail to your portfolios can decrease your overall portfolio volatility.