Design Stock Forecast - Daily Balance Of Power
| 227100 Stock | KRW 698.00 89.00 14.61% |
Design Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Design stock prices and determine the direction of Design Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Design's historical fundamentals, such as revenue growth or operating cash flow patterns.
Design |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.71) | 0.4201 |
| Check Design Volatility | Backtest Design | Trend Details |
Design Trading Date Momentum
| On May 08 2024 Design Co was traded for 1,595 at the closing time. The highest price during the trading period was 1,595 and the lowest recorded bid was listed for 1,233 . The volume for the day was 4.8 M. This history from May 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 29.99% . The overall trading delta to the current price is 18.17% . |
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 Design to competition |
Other Forecasting Options for Design
For every potential investor in Design, whether a beginner or expert, Design's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Design Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Design. Basic forecasting techniques help filter out the noise by identifying Design's price trends.Design 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 Design stock to make a market-neutral strategy. Peer analysis of Design could also be used in its relative valuation, which is a method of valuing Design by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Design 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 Design'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 Design's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Design Market Strength Events
Market strength indicators help investors to evaluate how Design stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Design shares will generate the highest return on investment. By undertsting and applying Design stock market strength indicators, traders can identify Design Co entry and exit signals to maximize returns.
Design Risk Indicators
The analysis of Design'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 Design's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting design 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 | 7.23 | |||
| Semi Deviation | 6.3 | |||
| Standard Deviation | 10.51 | |||
| Variance | 110.44 | |||
| Downside Variance | 43.31 | |||
| Semi Variance | 39.72 | |||
| Expected Short fall | (10.46) |
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 Design
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 Design 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 Design will appreciate offsetting losses from the drop in the long position's value.Moving against Design Stock
| 0.57 | 025950 | Dongsin Engineering | PairCorr |
| 0.54 | 050960 | SOOSAN INT | PairCorr |
| 0.51 | 045340 | Total Soft Bank | PairCorr |
| 0.37 | 241840 | ASTORY CoLtd | PairCorr |
| 0.37 | 035900 | JYP Entertainment | PairCorr |
The ability to find closely correlated positions to Design could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Design 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 Design - 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 Design Co to buy it.
The correlation of Design 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 Design moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Design 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 Design 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 Design Stock
Design financial ratios help investors to determine whether Design 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 Design with respect to the benefits of owning Design security.