Gungnir Resources Stock Forecast - Price Action Indicator
Gungnir Stock Forecast is based on your current time horizon.
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Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Gungnir Resources 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 Gungnir Resources stock to make a market-neutral strategy. Peer analysis of Gungnir Resources could also be used in its relative valuation, which is a method of valuing Gungnir Resources by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Gungnir Resources Risk Indicators
The analysis of Gungnir Resources' 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 Gungnir Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gungnir 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 | 5.76 | |||
Semi Deviation | 8.6 | |||
Standard Deviation | 13.42 | |||
Variance | 180.17 | |||
Downside Variance | 847.22 | |||
Semi Variance | 73.91 | |||
Expected Short fall | (36.67) |
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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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for Gungnir Stock
When running Gungnir Resources' price analysis, check to measure Gungnir Resources' 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 Gungnir Resources is operating at the current time. Most of Gungnir Resources' value examination focuses on studying past and present price action to predict the probability of Gungnir Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gungnir Resources' price. Additionally, you may evaluate how the addition of Gungnir Resources to your portfolios can decrease your overall portfolio volatility.
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