Advanced International Stock Forecast - Daily Balance Of Power

8938 Stock  TWD 72.00  0.20  0.28%   
Advanced Stock Forecast is based on your current time horizon.
  
On December 12, 2023 Advanced International Multitech had Daily Balance Of Power of (0.20). Balance of Power indicator (or BOP) measures the strength of Advanced International Multitech market sensitivity to bulls and bears. It estimates the ability of Advanced International buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Advanced International Balance of Power indicator one can determine a trend of the price direction.
Check Advanced International VolatilityBacktest Advanced InternationalTrend Details  

Advanced International Trading Date Momentum

On December 13 2023 Advanced International Multitech was traded for  71.80  at the closing time. The highest price during the trading period was 72.00  and the lowest recorded bid was listed for  71.50 . The volume for the day was 78 K. This history from December 13, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 0.28% . The overall trading delta to the current price is 2.51% .
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 Advanced International

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

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

Advanced 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 Advanced 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 Advanced International's current price.

Advanced International Market Strength Events

Market strength indicators help investors to evaluate how Advanced 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 Advanced International shares will generate the highest return on investment. By undertsting and applying Advanced International stock market strength indicators, traders can identify Advanced International Multitech entry and exit signals to maximize returns.

Advanced International Risk Indicators

The analysis of Advanced 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 Advanced International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting advanced 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.

Pair Trading with Advanced 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 Advanced 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 Advanced International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advanced Stock

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Moving against Advanced Stock

  0.912891 CTBC Financial HoldingPairCorr
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  0.616670 Fusheng PrecisionPairCorr
The ability to find closely correlated positions to Advanced 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 Advanced 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 Advanced 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 Advanced International Multitech to buy it.
The correlation of Advanced 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 Advanced International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced 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 Advanced 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.
Pair CorrelationCorrelation Matching

Additional Tools for Advanced Stock Analysis

When running Advanced International's price analysis, check to measure Advanced 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 Advanced International is operating at the current time. Most of Advanced International's value examination focuses on studying past and present price action to predict the probability of Advanced 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 Advanced International's price. Additionally, you may evaluate how the addition of Advanced International to your portfolios can decrease your overall portfolio volatility.