Koryo Credit Stock Forecast - Daily Balance Of Power

049720 Stock  KRW 10,220  10.00  0.1%   
Koryo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Koryo Credit stock prices and determine the direction of Koryo Credit Information's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Koryo Credit's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 19, 2024 Koryo Credit Information had Daily Balance Of Power of 0.8571. Balance of Power indicator (or BOP) measures the strength of Koryo Credit Information market sensitivity to bulls and bears. It estimates the ability of Koryo Credit buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Koryo Credit Balance of Power indicator one can determine a trend of the price direction.
Check Koryo Credit VolatilityBacktest Koryo CreditTrend Details  

Koryo Credit Trading Date Momentum

On November 20 2024 Koryo Credit Information was traded for  9,980  at the closing time. The highest price during the trading period was 10,020  and the lowest recorded bid was listed for  9,910 . The volume for the day was 28.7 K. This history from November 20, 2024 did not cause price change. The trading delta at closing time to the current price is 0.30% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Koryo Credit

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

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

Koryo Credit Information 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 Koryo Credit'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 Koryo Credit's current price.

Koryo Credit Market Strength Events

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

Koryo Credit Risk Indicators

The analysis of Koryo Credit'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 Koryo Credit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting koryo 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 Koryo Credit

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 Koryo Credit 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 Koryo Credit will appreciate offsetting losses from the drop in the long position's value.

Moving against Koryo Stock

  0.61203650 Dream Security coPairCorr
  0.47147760 MicrofriendPairCorr
The ability to find closely correlated positions to Koryo Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koryo Credit 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 Koryo Credit - 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 Koryo Credit Information to buy it.
The correlation of Koryo Credit 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 Koryo Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koryo Credit Information 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 Koryo Credit 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 Koryo Stock

Koryo Credit financial ratios help investors to determine whether Koryo 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 Koryo with respect to the benefits of owning Koryo Credit security.