Blumar Stock Forecast - Market Facilitation Index
| BLUMAR Stock | CLP 193.00 0.00 0.00% |
Blumar Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Blumar stock prices and determine the direction of Blumar's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Blumar's historical fundamentals, such as revenue growth or operating cash flow patterns.
Blumar |
| Check Blumar Volatility | Backtest Blumar | Information Ratio |
Blumar Trading Date Momentum
| On December 04 2024 Blumar was traded for 193.00 at the closing time. The highest price during the trading period was 193.00 and the lowest recorded bid was listed for 193.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Blumar to competition
Blumar 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 Blumar stock to make a market-neutral strategy. Peer analysis of Blumar could also be used in its relative valuation, which is a method of valuing Blumar by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Blumar Market Strength Events
Market strength indicators help investors to evaluate how Blumar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blumar shares will generate the highest return on investment. By undertsting and applying Blumar stock market strength indicators, traders can identify Blumar entry and exit signals to maximize returns.
Blumar Risk Indicators
The analysis of Blumar'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 Blumar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blumar 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 | 0.2875 | |||
| Standard Deviation | 0.5576 | |||
| Variance | 0.3109 |
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 Blumar
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 Blumar 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 Blumar will appreciate offsetting losses from the drop in the long position's value.Moving together with Blumar Stock
Moving against Blumar Stock
| 0.93 | LTM | LATAM Airlines Group | PairCorr |
| 0.92 | AFPCAPITAL | AFP Capital SA | PairCorr |
| 0.71 | AAISA | Administradora Americana | PairCorr |
The ability to find closely correlated positions to Blumar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blumar 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 Blumar - 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 Blumar to buy it.
The correlation of Blumar 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 Blumar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blumar 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 Blumar 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 Blumar Stock
Blumar financial ratios help investors to determine whether Blumar 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 Blumar with respect to the benefits of owning Blumar security.