BankInvest Optima Stock Forecast - Accumulation Distribution
| BIV30 Stock | 111.60 0.40 0.36% |
BankInvest |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 55.71 | 163.79 |
| Check BankInvest Optima Volatility | Backtest BankInvest Optima | Trend Details |
BankInvest Optima Trading Date Momentum
| On September 30 2024 BankInvest Optima 30 was traded for 107.75 at the closing time. The highest price during the trading period was 108.10 and the lowest recorded bid was listed for 107.60 . The volume for the day was 17.9 K. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.32% . The overall trading delta to the current price is 0.19% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare BankInvest Optima to competition
BankInvest Optima 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 BankInvest Optima stock to make a market-neutral strategy. Peer analysis of BankInvest Optima could also be used in its relative valuation, which is a method of valuing BankInvest Optima by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BankInvest Optima Market Strength Events
Market strength indicators help investors to evaluate how BankInvest Optima stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BankInvest Optima shares will generate the highest return on investment. By undertsting and applying BankInvest Optima stock market strength indicators, traders can identify BankInvest Optima 30 entry and exit signals to maximize returns.
BankInvest Optima Risk Indicators
The analysis of BankInvest Optima'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 BankInvest Optima's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bankinvest 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 | 0.3213 | |||
| Semi Deviation | 0.3472 | |||
| Standard Deviation | 0.4252 | |||
| Variance | 0.1808 | |||
| Downside Variance | 0.2055 | |||
| Semi Variance | 0.1205 | |||
| Expected Short fall | (0.37) |
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 BankInvest Optima
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 BankInvest Optima 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 BankInvest Optima will appreciate offsetting losses from the drop in the long position's value.Moving together with BankInvest Stock
Moving against BankInvest Stock
| 0.85 | VWS | Vestas Wind Systems | PairCorr |
| 0.79 | ORSTED | Orsted AS | PairCorr |
| 0.69 | CARL-B | Carlsberg AS | PairCorr |
| 0.53 | GMAB | Genmab AS | PairCorr |
| 0.32 | COLO-B | Coloplast AS | PairCorr |
The ability to find closely correlated positions to BankInvest Optima could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankInvest Optima 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 BankInvest Optima - 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 BankInvest Optima 30 to buy it.
The correlation of BankInvest Optima 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 BankInvest Optima moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankInvest Optima 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 BankInvest Optima 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.