EMemory Technology Stock Forecast - Period Momentum Indicator
| 3529 Stock | TWD 3,275 50.00 1.55% |
EMemory Stock Forecast is based on your current time horizon.
EMemory |
| Check EMemory Technology Volatility | Backtest EMemory Technology | Trend Details |
EMemory Technology Trading Date Momentum
| On December 13 2024 eMemory Technology was traded for 3,275 at the closing time. The highest price during the trading period was 3,365 and the lowest recorded bid was listed for 3,225 . The volume for the day was 769.2 K. This history from December 13, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.55% . The trading date delta to the current price is 0.93% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare EMemory Technology to competition |
Other Forecasting Options for EMemory Technology
For every potential investor in EMemory, whether a beginner or expert, EMemory Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EMemory Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EMemory. Basic forecasting techniques help filter out the noise by identifying EMemory Technology's price trends.EMemory Technology 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 EMemory Technology stock to make a market-neutral strategy. Peer analysis of EMemory Technology could also be used in its relative valuation, which is a method of valuing EMemory Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
eMemory Technology 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 EMemory Technology'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 EMemory Technology's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
EMemory Technology Market Strength Events
Market strength indicators help investors to evaluate how EMemory Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EMemory Technology shares will generate the highest return on investment. By undertsting and applying EMemory Technology stock market strength indicators, traders can identify eMemory Technology entry and exit signals to maximize returns.
EMemory Technology Risk Indicators
The analysis of EMemory Technology'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 EMemory Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ememory 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 | 2.62 | |||
| Semi Deviation | 2.5 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.95 | |||
| Downside Variance | 10.82 | |||
| Semi Variance | 6.27 | |||
| Expected Short fall | (3.33) |
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 EMemory Technology
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 EMemory Technology 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 EMemory Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with EMemory Stock
Moving against EMemory Stock
| 0.72 | 6488 | GlobalWafers | PairCorr |
| 0.71 | 2412 | Chunghwa Telecom | PairCorr |
| 0.58 | 5347 | Vanguard International | PairCorr |
| 0.57 | 2303 | United Microelectronics | PairCorr |
| 0.47 | 6770 | Powerchip Semiconductor | PairCorr |
The ability to find closely correlated positions to EMemory Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMemory Technology 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 EMemory Technology - 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 eMemory Technology to buy it.
The correlation of EMemory Technology 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 EMemory Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eMemory Technology 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 EMemory Technology 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 EMemory Stock Analysis
When running EMemory Technology's price analysis, check to measure EMemory Technology'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 EMemory Technology is operating at the current time. Most of EMemory Technology's value examination focuses on studying past and present price action to predict the probability of EMemory Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMemory Technology's price. Additionally, you may evaluate how the addition of EMemory Technology to your portfolios can decrease your overall portfolio volatility.