LG DAX Etf Forecast - Daily Balance Of Power
| DES2 Etf | EUR 0.94 0.01 1.08% |
DES2 Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of LG DAX's historical fundamentals, such as revenue growth or operating cash flow patterns.
DES2 |
| Check LG DAX Volatility | Backtest LG DAX | Trend Details |
LG DAX Trading Date Momentum
| On May 03 2024 LG DAX Daily was traded for 1.10 at the closing time. The maximum traded price for the trading interval was 1.10 and the lowest daily price was 1.10 . The daily volume was recorded at 6 K. The volume of trading on 3rd of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.90% . The trading delta at closing time to the closing price today is 3.60% . |
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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LG DAX 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 LG DAX etf to make a market-neutral strategy. Peer analysis of LG DAX could also be used in its relative valuation, which is a method of valuing LG DAX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LG DAX Market Strength Events
Market strength indicators help investors to evaluate how LG DAX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LG DAX shares will generate the highest return on investment. By undertsting and applying LG DAX etf market strength indicators, traders can identify LG DAX Daily entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 0.94 | |||
| Day Typical Price | 0.94 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 47.81 |
LG DAX Risk Indicators
The analysis of LG DAX'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 LG DAX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting des2 etf 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 | 1.11 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.13 |
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.
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Other Information on Investing in DES2 Etf
LG DAX financial ratios help investors to determine whether DES2 Etf 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 DES2 with respect to the benefits of owning LG DAX security.