Taewoong Logistics Stock Forecast - Period Momentum Indicator
| 124560 Stock | KRW 2,930 20.00 0.68% |
Taewoong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Taewoong Logistics stock prices and determine the direction of Taewoong Logistics CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Taewoong Logistics' historical fundamentals, such as revenue growth or operating cash flow patterns.
Taewoong |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (5.00) | 40.0 |
| Check Taewoong Logistics Volatility | Backtest Taewoong Logistics | Trend Details |
Taewoong Logistics Trading Date Momentum
| On December 20 2024 Taewoong Logistics CoLtd was traded for 2,880 at the closing time. The highest price during the trading period was 2,980 and the lowest recorded bid was listed for 2,880 . The volume for the day was 164.6 K. This history from December 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The trading price change to the current price is 1.38% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Taewoong Logistics to competition |
Other Forecasting Options for Taewoong Logistics
For every potential investor in Taewoong, whether a beginner or expert, Taewoong Logistics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Taewoong Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Taewoong. Basic forecasting techniques help filter out the noise by identifying Taewoong Logistics' price trends.Taewoong Logistics 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 Taewoong Logistics stock to make a market-neutral strategy. Peer analysis of Taewoong Logistics could also be used in its relative valuation, which is a method of valuing Taewoong Logistics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Taewoong Logistics CoLtd 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 Taewoong Logistics' 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 Taewoong Logistics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Taewoong Logistics Market Strength Events
Market strength indicators help investors to evaluate how Taewoong Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taewoong Logistics shares will generate the highest return on investment. By undertsting and applying Taewoong Logistics stock market strength indicators, traders can identify Taewoong Logistics CoLtd entry and exit signals to maximize returns.
| Accumulation Distribution | 2098.16 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2965.0 | |||
| Day Typical Price | 2953.33 | |||
| Market Facilitation Index | 8.0E-4 | |||
| Price Action Indicator | (45.00) | |||
| Period Momentum Indicator | (20.00) |
Taewoong Logistics Risk Indicators
The analysis of Taewoong Logistics' 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 Taewoong Logistics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting taewoong 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 | 2.03 | |||
| Semi Deviation | 2.73 | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.83 | |||
| Downside Variance | 8.68 | |||
| Semi Variance | 7.46 | |||
| Expected Short fall | (2.43) |
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 Taewoong Logistics
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 Taewoong Logistics 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 Taewoong Logistics will appreciate offsetting losses from the drop in the long position's value.Moving against Taewoong Stock
The ability to find closely correlated positions to Taewoong Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taewoong Logistics 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 Taewoong Logistics - 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 Taewoong Logistics CoLtd to buy it.
The correlation of Taewoong Logistics 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 Taewoong Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taewoong Logistics CoLtd 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 Taewoong Logistics 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 Taewoong Stock
Taewoong Logistics financial ratios help investors to determine whether Taewoong 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 Taewoong with respect to the benefits of owning Taewoong Logistics security.