Chesswood Group Stock Forecast - Market Facilitation Index

CHW Stock  CAD 0.90  0.00  0.00%   
Chesswood Stock Forecast is based on your current time horizon. Although Chesswood Group's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Chesswood Group's systematic risk associated with finding meaningful patterns of Chesswood Group fundamentals over time.
  
As of the 29th of November 2024, Fixed Asset Turnover is likely to grow to 65.15, while Inventory Turnover is likely to drop 0.03. . As of the 29th of November 2024, Common Stock Shares Outstanding is likely to drop to about 15.1 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 18.2 M.
Chesswood Group Limited has current Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Chesswood Group Trading Date Momentum

On November 28 2024 Chesswood Group Limited was traded for  0.90  at the closing time. The maximum traded price for the trading interval was 0.90  and the lowest daily price was  0.90 . There was no trading activity during the period 1.0. Lack of trading volume on 28th of November 2024 did not affect price variability. The overall trading delta to the closing price today 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.
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Other Forecasting Options for Chesswood Group

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

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

Chesswood Group 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 Chesswood Group'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 Chesswood Group's current price.

Chesswood Group Market Strength Events

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

Pair Trading with Chesswood Group

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 Chesswood Group 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 Chesswood Group will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Chesswood Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesswood Group 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 Chesswood Group - 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 Chesswood Group Limited to buy it.
The correlation of Chesswood Group 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 Chesswood Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesswood Group 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 Chesswood Group 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 Chesswood Stock

Chesswood Group financial ratios help investors to determine whether Chesswood 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 Chesswood with respect to the benefits of owning Chesswood Group security.