HOYA Resort Stock Forecast - Daily Balance Of Power
| 2736 Stock | TWD 21.05 0.35 1.64% |
HOYA Stock Forecast is based on your current time horizon.
HOYA |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6 | (0.78) |
| Check HOYA Resort Volatility | Backtest HOYA Resort | Information Ratio |
HOYA Resort Trading Date Momentum
| On December 24 2024 HOYA Resort Hotel was traded for 21.05 at the closing time. The highest price during the trading period was 21.40 and the lowest recorded bid was listed for 20.95 . The volume for the day was 407.3 K. This history from December 24, 2024 did not cause price change. The trading delta at closing time to the current price is 1.66% . |
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 HOYA Resort
For every potential investor in HOYA, whether a beginner or expert, HOYA Resort's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HOYA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HOYA. Basic forecasting techniques help filter out the noise by identifying HOYA Resort's price trends.HOYA Resort 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 HOYA Resort stock to make a market-neutral strategy. Peer analysis of HOYA Resort could also be used in its relative valuation, which is a method of valuing HOYA Resort by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HOYA Resort Hotel 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 HOYA Resort'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 HOYA Resort's current price.| Cycle Indicators | ||
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HOYA Resort Market Strength Events
Market strength indicators help investors to evaluate how HOYA Resort stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOYA Resort shares will generate the highest return on investment. By undertsting and applying HOYA Resort stock market strength indicators, traders can identify HOYA Resort Hotel entry and exit signals to maximize returns.
| Accumulation Distribution | 8563.71 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 21.17 | |||
| Day Typical Price | 21.13 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.35) |
HOYA Resort Risk Indicators
The analysis of HOYA Resort'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 HOYA Resort's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hoya 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 | 1.36 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.93 | |||
| Downside Variance | 3.05 | |||
| Semi Variance | 1.67 | |||
| Expected Short fall | (2.03) |
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 HOYA Resort
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 HOYA Resort 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 HOYA Resort will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to HOYA Resort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HOYA Resort 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 HOYA Resort - 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 HOYA Resort Hotel to buy it.
The correlation of HOYA Resort 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 HOYA Resort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HOYA Resort Hotel 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 HOYA Resort 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.Additional Tools for HOYA Stock Analysis
When running HOYA Resort's price analysis, check to measure HOYA Resort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HOYA Resort is operating at the current time. Most of HOYA Resort's value examination focuses on studying past and present price action to predict the probability of HOYA Resort's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOYA Resort's price. Additionally, you may evaluate how the addition of HOYA Resort to your portfolios can decrease your overall portfolio volatility.