311960 Stock Forecast - Daily Balance Of Power
| 311960 Stock | 4,100 10.00 0.24% |
311960 |
| Check 311960 Volatility | Backtest 311960 | Trend Details |
311960 Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 311960 to competition |
Other Forecasting Options for 311960
For every potential investor in 311960, whether a beginner or expert, 311960's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 311960 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 311960. Basic forecasting techniques help filter out the noise by identifying 311960's price trends.311960 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 311960 stock to make a market-neutral strategy. Peer analysis of 311960 could also be used in its relative valuation, which is a method of valuing 311960 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
311960 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 311960'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 311960's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
311960 Market Strength Events
Market strength indicators help investors to evaluate how 311960 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 311960 shares will generate the highest return on investment. By undertsting and applying 311960 stock market strength indicators, traders can identify 311960 entry and exit signals to maximize returns.
311960 Risk Indicators
The analysis of 311960'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 311960's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 311960 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 | 4.17 | |||
| Semi Deviation | 4.53 | |||
| Standard Deviation | 5.67 | |||
| Variance | 32.14 | |||
| Downside Variance | 27.4 | |||
| Semi Variance | 20.5 | |||
| Expected Short fall | (5.65) |
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 311960
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 311960 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 311960 will appreciate offsetting losses from the drop in the long position's value.Moving against 311960 Stock
| 0.86 | 005385 | Hyundai Motor | PairCorr |
| 0.82 | 005387 | Hyundai Motor | PairCorr |
| 0.79 | 006400 | Samsung SDI | PairCorr |
| 0.76 | 082270 | GemVaxKAEL CoLtd | PairCorr |
| 0.75 | 005935 | Samsung Electronics | PairCorr |
The ability to find closely correlated positions to 311960 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 311960 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 311960 - 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 311960 to buy it.
The correlation of 311960 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 311960 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 311960 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 311960 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.