Neo Cremar Stock Forecast - Day Typical Price
311390 Stock | KRW 5,670 270.00 4.55% |
Neo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Neo Cremar stock prices and determine the direction of Neo Cremar Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Neo Cremar's historical fundamentals, such as revenue growth or operating cash flow patterns.
Neo |
Previous Day Typical Price | Day Typical Price | Trend |
5916.67 | 5736.67 |
Check Neo Cremar Volatility | Backtest Neo Cremar | Information Ratio |
Neo Cremar Trading Date Momentum
On December 12 2024 Neo Cremar Co was traded for 5,670 at the closing time. The highest price during the trading period was 5,950 and the lowest recorded bid was listed for 5,590 . The volume for the day was 22 K. This history from December 12, 2024 did not cause price change. The trading delta at closing time to the current price is 3.53% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Neo Cremar
For every potential investor in Neo, whether a beginner or expert, Neo Cremar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Neo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Neo. Basic forecasting techniques help filter out the noise by identifying Neo Cremar's price trends.Neo Cremar 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 Neo Cremar stock to make a market-neutral strategy. Peer analysis of Neo Cremar could also be used in its relative valuation, which is a method of valuing Neo Cremar by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Neo Cremar 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 Neo Cremar'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 Neo Cremar's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Neo Cremar Market Strength Events
Market strength indicators help investors to evaluate how Neo Cremar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neo Cremar shares will generate the highest return on investment. By undertsting and applying Neo Cremar stock market strength indicators, traders can identify Neo Cremar Co entry and exit signals to maximize returns.
Accumulation Distribution | 1328.97 | |||
Daily Balance Of Power | (0.75) | |||
Rate Of Daily Change | 0.95 | |||
Day Median Price | 5770.0 | |||
Day Typical Price | 5736.67 | |||
Market Facilitation Index | 0.0164 | |||
Price Action Indicator | (235.00) | |||
Period Momentum Indicator | (270.00) |
Neo Cremar Risk Indicators
The analysis of Neo Cremar'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 Neo Cremar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neo 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 | 1.47 | |||
Standard Deviation | 3.07 | |||
Variance | 9.4 |
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 Neo Cremar
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 Neo Cremar 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 Neo Cremar will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Neo Cremar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neo Cremar 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 Neo Cremar - 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 Neo Cremar Co to buy it.
The correlation of Neo Cremar 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 Neo Cremar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neo Cremar 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 Neo Cremar 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 Neo Stock
Neo Cremar financial ratios help investors to determine whether Neo 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 Neo with respect to the benefits of owning Neo Cremar security.