SHOPRITE HDGS Stock Forecast - Daily Balance Of Power
| HY7A Stock | EUR 15.00 0.10 0.66% |
SHOPRITE Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SHOPRITE HDGS's historical fundamentals, such as revenue growth or operating cash flow patterns.
SHOPRITE |
| Check SHOPRITE HDGS Volatility | Backtest SHOPRITE HDGS | Information Ratio |
SHOPRITE HDGS Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 SHOPRITE HDGS to competition |
Other Forecasting Options for SHOPRITE HDGS
For every potential investor in SHOPRITE, whether a beginner or expert, SHOPRITE HDGS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SHOPRITE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SHOPRITE. Basic forecasting techniques help filter out the noise by identifying SHOPRITE HDGS's price trends.SHOPRITE HDGS 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 SHOPRITE HDGS stock to make a market-neutral strategy. Peer analysis of SHOPRITE HDGS could also be used in its relative valuation, which is a method of valuing SHOPRITE HDGS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SHOPRITE HDGS ADR 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 SHOPRITE HDGS'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 SHOPRITE HDGS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SHOPRITE HDGS Market Strength Events
Market strength indicators help investors to evaluate how SHOPRITE HDGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SHOPRITE HDGS shares will generate the highest return on investment. By undertsting and applying SHOPRITE HDGS stock market strength indicators, traders can identify SHOPRITE HDGS ADR entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 15.0 | |||
| Day Typical Price | 15.0 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.10) |
SHOPRITE HDGS Risk Indicators
The analysis of SHOPRITE HDGS'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 SHOPRITE HDGS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shoprite 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 | 1.33 | |||
| Semi Deviation | 1.42 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.59 | |||
| Downside Variance | 3.16 | |||
| Semi Variance | 2.02 | |||
| Expected Short fall | (1.89) |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in SHOPRITE Stock
SHOPRITE HDGS financial ratios help investors to determine whether SHOPRITE 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 SHOPRITE with respect to the benefits of owning SHOPRITE HDGS security.