Investors can use prediction functions to forecast KODEX 200LONGKOSDAQ150's etf prices and determine the direction of KODEX 200LONGKOSDAQ150SHORT Futures's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
KODEX
On December 16, 2024 KODEX 200LONGKOSDAQ150SHORT Futures had Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of KODEX 200LONGKOSDAQ150.
On December 17 2024 KODEX 200LONGKOSDAQ150SHORT Futures was traded for 9,185 at the closing time. The highest price during the trading period was 9,215 and the lowest recorded bid was listed for 9,100 . The volume for the day was 836. This history from December 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading delta at closing time to the current price is 1.09% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Other Forecasting Options for KODEX 200LONGKOSDAQ150
For every potential investor in KODEX, whether a beginner or expert, KODEX 200LONGKOSDAQ150's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KODEX Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KODEX. Basic forecasting techniques help filter out the noise by identifying KODEX 200LONGKOSDAQ150's price trends.
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 KODEX 200LONGKOSDAQ150 etf to make a market-neutral strategy. Peer analysis of KODEX 200LONGKOSDAQ150 could also be used in its relative valuation, which is a method of valuing KODEX 200LONGKOSDAQ150 by comparing valuation metrics with similar companies.
KODEX 200LONGKOSDAQ150 Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of KODEX 200LONGKOSDAQ150'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 KODEX 200LONGKOSDAQ150's current price.
Market strength indicators help investors to evaluate how KODEX 200LONGKOSDAQ150 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KODEX 200LONGKOSDAQ150 shares will generate the highest return on investment. By undertsting and applying KODEX 200LONGKOSDAQ150 etf market strength indicators, traders can identify KODEX 200LONGKOSDAQ150SHORT Futures entry and exit signals to maximize returns.
The analysis of KODEX 200LONGKOSDAQ150'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 KODEX 200LONGKOSDAQ150's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kodex etf 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.
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 KODEX 200LONGKOSDAQ150
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 KODEX 200LONGKOSDAQ150 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 KODEX 200LONGKOSDAQ150 will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to KODEX 200LONGKOSDAQ150 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KODEX 200LONGKOSDAQ150 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 KODEX 200LONGKOSDAQ150 - 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 KODEX 200LONGKOSDAQ150SHORT Futures to buy it.
The correlation of KODEX 200LONGKOSDAQ150 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 KODEX 200LONGKOSDAQ150 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KODEX 200LONGKOSDAQ150 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 KODEX 200LONGKOSDAQ150 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.