Xander International Stock Forecast - Relative Strength Index
| 6118 Stock | TWD 23.55 0.55 2.28% |
Xander Stock Forecast is based on your current time horizon.
Xander |
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Xander International Trading Date Momentum
| On December 20 2024 Xander International was traded for 23.55 at the closing time. The highest price during the trading period was 24.35 and the lowest recorded bid was listed for 23.45 . The volume for the day was 272.4 K. This history from December 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.28% . The trading price change to the current price is 1.04% . |
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Other Forecasting Options for Xander International
For every potential investor in Xander, whether a beginner or expert, Xander International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Xander Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Xander. Basic forecasting techniques help filter out the noise by identifying Xander International's price trends.Xander International 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 Xander International stock to make a market-neutral strategy. Peer analysis of Xander International could also be used in its relative valuation, which is a method of valuing Xander International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Xander International 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 Xander International'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 Xander International's current price.| Cycle Indicators | ||
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Xander International Market Strength Events
Market strength indicators help investors to evaluate how Xander International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xander International shares will generate the highest return on investment. By undertsting and applying Xander International stock market strength indicators, traders can identify Xander International entry and exit signals to maximize returns.
| Accumulation Distribution | 10069.02 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 23.9 | |||
| Day Typical Price | 23.78 | |||
| Price Action Indicator | (0.62) | |||
| Period Momentum Indicator | (0.55) | |||
| Relative Strength Index | 59.5 |
Xander International Risk Indicators
The analysis of Xander International'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 Xander International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xander 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 | 2.05 | |||
| Semi Deviation | 1.88 | |||
| Standard Deviation | 2.92 | |||
| Variance | 8.55 | |||
| Downside Variance | 4.83 | |||
| Semi Variance | 3.52 | |||
| Expected Short fall | (2.61) |
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 Xander International
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 Xander International 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 Xander International will appreciate offsetting losses from the drop in the long position's value.Moving against Xander Stock
The ability to find closely correlated positions to Xander International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xander International 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 Xander International - 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 Xander International to buy it.
The correlation of Xander International 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 Xander International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xander International 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 Xander International 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 Xander Stock Analysis
When running Xander International's price analysis, check to measure Xander International'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 Xander International is operating at the current time. Most of Xander International's value examination focuses on studying past and present price action to predict the probability of Xander International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xander International's price. Additionally, you may evaluate how the addition of Xander International to your portfolios can decrease your overall portfolio volatility.