Golden Sun Stock Forecast - Daily Balance Of Power
| GSUN Stock | USD 2.86 0.09 3.05% |
Golden Stock Forecast is based on your current time horizon. Although Golden Sun's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Golden Sun's systematic risk associated with finding meaningful patterns of Golden Sun fundamentals over time.
Golden |
| Check Golden Sun Volatility | Backtest Golden Sun | Trend Details |
Golden Sun Trading Date Momentum
| On December 16 2024 Golden Sun Education was traded for 2.67 at the closing time. The top price for the day was 2.89 and the lowest listed price was 2.66 . The trading volume for the day was 10.1 K. The trading history from December 16, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.98% . The overall trading delta against the current closing price is 0.71% . |
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 Golden Sun
For every potential investor in Golden, whether a beginner or expert, Golden Sun's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Golden Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Golden. Basic forecasting techniques help filter out the noise by identifying Golden Sun's price trends.Golden Sun 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 Golden Sun stock to make a market-neutral strategy. Peer analysis of Golden Sun could also be used in its relative valuation, which is a method of valuing Golden Sun by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Golden Sun Education 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 Golden Sun'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 Golden Sun's current price.| Cycle Indicators | ||
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| Volume Indicators |
Golden Sun Market Strength Events
Market strength indicators help investors to evaluate how Golden Sun stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Sun shares will generate the highest return on investment. By undertsting and applying Golden Sun stock market strength indicators, traders can identify Golden Sun Education entry and exit signals to maximize returns.
Golden Sun Risk Indicators
The analysis of Golden Sun'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 Golden Sun's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting golden 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 | 5.75 | |||
| Standard Deviation | 7.7 | |||
| Variance | 59.24 |
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 Golden Sun
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 Golden Sun 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 Golden Sun will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
| 0.78 | GV | Visionary Education | PairCorr |
| 0.63 | YQ | 17 Education Technology | PairCorr |
| 0.61 | EDTK | Skillful Craftsman | PairCorr |
Moving against Golden Stock
| 0.66 | LINC | Lincoln Educational | PairCorr |
| 0.6 | EEIQ | Elite Education Group | PairCorr |
| 0.55 | AACG | ATA Creativity Global | PairCorr |
| 0.54 | DAO | Youdao Inc | PairCorr |
| 0.53 | GHC | Graham Holdings | PairCorr |
The ability to find closely correlated positions to Golden Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Sun 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 Golden Sun - 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 Golden Sun Education to buy it.
The correlation of Golden Sun 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 Golden Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Sun Education 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 Golden Sun 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.Check out Historical Fundamental Analysis of Golden Sun to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Sun. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Sun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (2.01) | Revenue Per Share 3.258 | Quarterly Revenue Growth 0.051 | Return On Assets (0.11) |
The market value of Golden Sun Education is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Sun's value that differs from its market value or its book value, called intrinsic value, which is Golden Sun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Sun's market value can be influenced by many factors that don't directly affect Golden Sun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Sun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.