Investors can use prediction functions to forecast Sparindex INDEX's stock prices and determine the direction of Sparindex INDEX Bredygtige's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Sparindex INDEX's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Sparindex
Sparindex INDEX Bredygtige has current Day Typical Price of 124.18. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On January 02 2025 Sparindex INDEX Bredygtige was traded for 124.25 at the closing time. The highest price during the trading period was 124.55 and the lowest recorded bid was listed for 123.75 . The volume for the day was 1.8 K. This history from January 2, 2025 did not result in any price rise and fall. The trading price change to the current price is 0.08% .
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.
For every potential investor in Sparindex, whether a beginner or expert, Sparindex INDEX's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sparindex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sparindex. Basic forecasting techniques help filter out the noise by identifying Sparindex INDEX's price trends.
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 Sparindex INDEX stock to make a market-neutral strategy. Peer analysis of Sparindex INDEX could also be used in its relative valuation, which is a method of valuing Sparindex INDEX by comparing valuation metrics with similar companies.
Sparindex INDEX Bred 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 Sparindex INDEX'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 Sparindex INDEX's current price.
Market strength indicators help investors to evaluate how Sparindex INDEX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sparindex INDEX shares will generate the highest return on investment. By undertsting and applying Sparindex INDEX stock market strength indicators, traders can identify Sparindex INDEX Bredygtige entry and exit signals to maximize returns.
The analysis of Sparindex INDEX'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 Sparindex INDEX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sparindex 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.
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 Sparindex INDEX
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 Sparindex INDEX 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 Sparindex INDEX will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Sparindex INDEX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparindex INDEX 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 Sparindex INDEX - 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 Sparindex INDEX Bredygtige to buy it.
The correlation of Sparindex INDEX 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 Sparindex INDEX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparindex INDEX Bred 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 Sparindex INDEX 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.