Computer Modelling Stock Forecast - Daily Balance Of Power
| CMG Stock | CAD 10.53 0.02 0.19% |
Computer Stock Forecast is based on your current time horizon. Although Computer Modelling's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Computer Modelling's systematic risk associated with finding meaningful patterns of Computer Modelling fundamentals over time.
Computer |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.04) | 0.4706 |
| Check Computer Modelling Volatility | Backtest Computer Modelling | Trend Details |
Computer Modelling Trading Date Momentum
| On December 18 2024 Computer Modelling Group was traded for 10.71 at the closing time. The maximum traded price for the trading interval was 11.06 and the lowest daily price was 10.69 . The daily volume was recorded at 330.5 K. The volume of trading on 18th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.74% . The overall trading delta to the closing price today is 3.39% . |
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.
| Compare Computer Modelling to competition |
Other Forecasting Options for Computer Modelling
For every potential investor in Computer, whether a beginner or expert, Computer Modelling's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Computer Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Computer. Basic forecasting techniques help filter out the noise by identifying Computer Modelling's price trends.Computer Modelling 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 Computer Modelling stock to make a market-neutral strategy. Peer analysis of Computer Modelling could also be used in its relative valuation, which is a method of valuing Computer Modelling by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Computer Modelling 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 Computer Modelling'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 Computer Modelling's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Computer Modelling Market Strength Events
Market strength indicators help investors to evaluate how Computer Modelling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Computer Modelling shares will generate the highest return on investment. By undertsting and applying Computer Modelling stock market strength indicators, traders can identify Computer Modelling Group entry and exit signals to maximize returns.
Computer Modelling Risk Indicators
The analysis of Computer Modelling'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 Computer Modelling's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting computer 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 | 1.79 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.55 |
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 Computer Modelling
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 Computer Modelling 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 Computer Modelling will appreciate offsetting losses from the drop in the long position's value.Moving against Computer Stock
| 0.76 | BUI | Buhler Industries | PairCorr |
| 0.69 | TCS | TECSYS Inc | PairCorr |
| 0.63 | HUT | Hut 8 Mining | PairCorr |
| 0.63 | PRU | Perseus Mining | PairCorr |
| 0.57 | NICU | Magna Mining | PairCorr |
The ability to find closely correlated positions to Computer Modelling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Computer Modelling 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 Computer Modelling - 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 Computer Modelling Group to buy it.
The correlation of Computer Modelling 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 Computer Modelling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Computer Modelling 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 Computer Modelling 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.Other Information on Investing in Computer Stock
Computer Modelling financial ratios help investors to determine whether Computer Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Computer with respect to the benefits of owning Computer Modelling security.