Next Bt Stock Forecast - Daily Balance Of Power
| 065170 Stock | KRW 234.00 42.00 21.88% |
Next Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Next Bt stock prices and determine the direction of Next Bt Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Next Bt's historical fundamentals, such as revenue growth or operating cash flow patterns.
Next |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.29) | (0.48) |
| Check Next Bt Volatility | Backtest Next Bt | Trend Details |
Next Bt Trading Date Momentum
| On February 07 2024 Next Bt Co was traded for 404.00 at the closing time. The highest price during the trading period was 413.00 and the lowest recorded bid was listed for 401.00 . The volume for the day was 192.3 K. This history from February 7, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.25% . The trading delta at closing time to the current price is 0.25% . |
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.
Compare Next Bt to competition
Next Bt 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 Next Bt stock to make a market-neutral strategy. Peer analysis of Next Bt could also be used in its relative valuation, which is a method of valuing Next Bt by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Next Bt Market Strength Events
Market strength indicators help investors to evaluate how Next Bt stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Next Bt shares will generate the highest return on investment. By undertsting and applying Next Bt stock market strength indicators, traders can identify Next Bt Co entry and exit signals to maximize returns.
Next Bt Risk Indicators
The analysis of Next Bt'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 Next Bt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting next 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 | 2.98 | |||
| Standard Deviation | 5.72 | |||
| Variance | 32.67 |
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 Next Bt
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 Next Bt 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 Next Bt will appreciate offsetting losses from the drop in the long position's value.Moving together with Next Stock
Moving against Next Stock
| 0.92 | 122870 | YG Entertainment | PairCorr |
| 0.87 | 041510 | SM Entertainment | PairCorr |
| 0.86 | 035420 | Naver | PairCorr |
| 0.86 | 035900 | JYP Entertainment | PairCorr |
| 0.79 | 078160 | MEDIPOST | PairCorr |
The ability to find closely correlated positions to Next Bt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Next Bt 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 Next Bt - 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 Next Bt Co to buy it.
The correlation of Next Bt 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 Next Bt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Next Bt 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 Next Bt 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 Next Stock
Next Bt financial ratios help investors to determine whether Next 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 Next with respect to the benefits of owning Next Bt security.