Dimension Computer Stock Forecast - Daily Balance Of Power
| 6140 Stock | TWD 26.15 1.15 4.21% |
Dimension Stock Forecast is based on your current time horizon.
Dimension |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3333 | (0.30) |
| Check Dimension Computer Volatility | Backtest Dimension Computer | Trend Details |
Dimension Computer Trading Date Momentum
| On May 15 2024 Dimension Computer Technology was traded for 29.60 at the closing time. The highest price during the trading period was 30.20 and the lowest recorded bid was listed for 29.55 . The volume for the day was 620 K. This history from May 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.72% . The overall trading delta to the current price is 3.44% . |
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 Dimension Computer
For every potential investor in Dimension, whether a beginner or expert, Dimension Computer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dimension Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dimension. Basic forecasting techniques help filter out the noise by identifying Dimension Computer's price trends.Dimension Computer 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 Dimension Computer stock to make a market-neutral strategy. Peer analysis of Dimension Computer could also be used in its relative valuation, which is a method of valuing Dimension Computer by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dimension Computer 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 Dimension Computer'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 Dimension Computer's current price.| Cycle Indicators | ||
| Math Operators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dimension Computer Market Strength Events
Market strength indicators help investors to evaluate how Dimension Computer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dimension Computer shares will generate the highest return on investment. By undertsting and applying Dimension Computer stock market strength indicators, traders can identify Dimension Computer Technology entry and exit signals to maximize returns.
Dimension Computer Risk Indicators
The analysis of Dimension Computer'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 Dimension Computer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dimension 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 | 1.75 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.01 | |||
| Downside Variance | 5.69 | |||
| Semi Variance | 4.42 | |||
| Expected Short fall | (2.05) |
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 Dimension Computer
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 Dimension Computer 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 Dimension Computer will appreciate offsetting losses from the drop in the long position's value.Moving against Dimension Stock
| 0.36 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.35 | 2882B | Cathay Financial Holding | PairCorr |
| 0.33 | 2881A | Fubon Financial Holding | PairCorr |
The ability to find closely correlated positions to Dimension Computer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dimension Computer 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 Dimension Computer - 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 Dimension Computer Technology to buy it.
The correlation of Dimension Computer 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 Dimension Computer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dimension Computer 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 Dimension Computer 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 Dimension Stock Analysis
When running Dimension Computer's price analysis, check to measure Dimension Computer'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 Dimension Computer is operating at the current time. Most of Dimension Computer's value examination focuses on studying past and present price action to predict the probability of Dimension Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dimension Computer's price. Additionally, you may evaluate how the addition of Dimension Computer to your portfolios can decrease your overall portfolio volatility.