Tien Phong Stock Forecast - Rate Of Daily Change
| NTP Stock | 65,900 2,300 3.62% |
Tien Stock Forecast is based on your current time horizon.
Tien |
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Tien Phong Trading Date Momentum
| On December 12 2024 Tien Phong Plastic was traded for 65,900 at the closing time. The maximum traded price for the trading interval was 66,300 and the lowest daily price was 63,700 . The daily volume was recorded at 1 M. The volume of trading on 12th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 2.88% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Tien Phong
For every potential investor in Tien, whether a beginner or expert, Tien Phong's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tien Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tien. Basic forecasting techniques help filter out the noise by identifying Tien Phong's price trends.Tien Phong 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 Tien Phong stock to make a market-neutral strategy. Peer analysis of Tien Phong could also be used in its relative valuation, which is a method of valuing Tien Phong by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tien Phong Plastic 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 Tien Phong'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 Tien Phong's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tien Phong Market Strength Events
Market strength indicators help investors to evaluate how Tien Phong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tien Phong shares will generate the highest return on investment. By undertsting and applying Tien Phong stock market strength indicators, traders can identify Tien Phong Plastic entry and exit signals to maximize returns.
| Accumulation Distribution | 40427.33 | |||
| Daily Balance Of Power | 0.8846 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 65000.0 | |||
| Day Typical Price | 65300.0 | |||
| Market Facilitation Index | 0.0025 | |||
| Price Action Indicator | 2050.0 | |||
| Period Momentum Indicator | 2300.0 |
Tien Phong Risk Indicators
The analysis of Tien Phong'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 Tien Phong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tien 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 | 1.5 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.35 |
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 Tien Phong
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 Tien Phong 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 Tien Phong will appreciate offsetting losses from the drop in the long position's value.Moving together with Tien Stock
The ability to find closely correlated positions to Tien Phong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tien Phong 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 Tien Phong - 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 Tien Phong Plastic to buy it.
The correlation of Tien Phong 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 Tien Phong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tien Phong Plastic 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 Tien Phong 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 Tien Stock
Tien Phong financial ratios help investors to determine whether Tien 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 Tien with respect to the benefits of owning Tien Phong security.