Coronation Property Fund Forecast - Period Momentum Indicator
Investors can use prediction functions to forecast Coronation Property's fund prices and determine the direction of Coronation Property Equity's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
On December 12, 2024 Coronation Property Equity had Period Momentum Indicator of 0. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.Coronation |
| Check Coronation Property Volatility | Backtest Coronation Property | Information Ratio |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Coronation Property to competition
Coronation Property 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 Coronation Property fund to make a market-neutral strategy. Peer analysis of Coronation Property could also be used in its relative valuation, which is a method of valuing Coronation Property by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |