Gamuda Bhd Stock Forecast - Daily Balance Of Power

5398 Stock   4.62  0.01  0.22%   
Investors can use prediction functions to forecast Gamuda Bhd's stock prices and determine the direction of Gamuda Bhd's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Gamuda Bhd's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
On February 19, 2024 Gamuda Bhd had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of Gamuda Bhd market sensitivity to bulls and bears. It estimates the ability of Gamuda Bhd buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Gamuda Bhd Balance of Power indicator one can determine a trend of the price direction.
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Gamuda Bhd Trading Date Momentum

On February 20 2024 Gamuda Bhd was traded for  2.52  at the closing time. The highest price during the trading period was 2.53  and the lowest recorded bid was listed for  2.50 . The volume for the day was 13.5 M. This history from February 20, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 0.00% .
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 Gamuda Bhd

For every potential investor in Gamuda, whether a beginner or expert, Gamuda Bhd's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gamuda Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gamuda. Basic forecasting techniques help filter out the noise by identifying Gamuda Bhd's price trends.

Gamuda Bhd 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 Gamuda Bhd stock to make a market-neutral strategy. Peer analysis of Gamuda Bhd could also be used in its relative valuation, which is a method of valuing Gamuda Bhd by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Gamuda Bhd 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 Gamuda Bhd'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 Gamuda Bhd's current price.

Gamuda Bhd Market Strength Events

Market strength indicators help investors to evaluate how Gamuda Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gamuda Bhd shares will generate the highest return on investment. By undertsting and applying Gamuda Bhd stock market strength indicators, traders can identify Gamuda Bhd entry and exit signals to maximize returns.

Gamuda Bhd Risk Indicators

The analysis of Gamuda Bhd'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 Gamuda Bhd's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gamuda 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.
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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.