Metro Mining Stock Forecast - Daily Balance Of Power
| MMI Stock | 0.06 0 1.79% |
Metro Stock Forecast is based on your current time horizon.
Metro |
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Metro Mining Trading Date Momentum
| On April 02 2024 Metro Mining was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 17.2 M. The volume of trading on 2nd of April 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 7.89% . The trading delta at closing time to the closing price today is 5.26% . |
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 Metro Mining
For every potential investor in Metro, whether a beginner or expert, Metro Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Metro Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Metro. Basic forecasting techniques help filter out the noise by identifying Metro Mining's price trends.Metro Mining 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 Metro Mining stock to make a market-neutral strategy. Peer analysis of Metro Mining could also be used in its relative valuation, which is a method of valuing Metro Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Metro Mining 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 Metro Mining'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 Metro Mining's current price.| Cycle Indicators | ||
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Metro Mining Market Strength Events
Market strength indicators help investors to evaluate how Metro Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metro Mining shares will generate the highest return on investment. By undertsting and applying Metro Mining stock market strength indicators, traders can identify Metro Mining entry and exit signals to maximize returns.
Metro Mining Risk Indicators
The analysis of Metro Mining'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 Metro Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting metro 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 | 2.66 | |||
| Semi Deviation | 2.15 | |||
| Standard Deviation | 3.31 | |||
| Variance | 10.95 | |||
| Downside Variance | 9.52 | |||
| Semi Variance | 4.61 | |||
| Expected Short fall | (4.12) |
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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Additional Tools for Metro Stock Analysis
When running Metro Mining's price analysis, check to measure Metro Mining's 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 Metro Mining is operating at the current time. Most of Metro Mining's value examination focuses on studying past and present price action to predict the probability of Metro Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro Mining's price. Additionally, you may evaluate how the addition of Metro Mining to your portfolios can decrease your overall portfolio volatility.