OVERSEA CHINUNSPADR2 Stock Forecast - Daily Balance Of Power
| OCBB Stock | EUR 23.40 0.20 0.86% |
OVERSEA Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of OVERSEA CHINUNSPADR2's historical fundamentals, such as revenue growth or operating cash flow patterns.
OVERSEA |
| Check OVERSEA CHINUNSPADR2 Volatility | Backtest OVERSEA CHINUNSPADR2 | Trend Details |
OVERSEA CHINUNSPADR2 Trading Date Momentum
| On September 30 2024 OVERSEA CHINUNSPADR2 was traded for 20.80 at the closing time. The maximum traded price for the trading interval was 20.80 and the lowest daily price was 20.80 . The daily volume was recorded at 70.0. The volume of trading on 30th of September 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.96% . |
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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OVERSEA CHINUNSPADR2 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 OVERSEA CHINUNSPADR2 stock to make a market-neutral strategy. Peer analysis of OVERSEA CHINUNSPADR2 could also be used in its relative valuation, which is a method of valuing OVERSEA CHINUNSPADR2 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
OVERSEA CHINUNSPADR2 Market Strength Events
Market strength indicators help investors to evaluate how OVERSEA CHINUNSPADR2 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OVERSEA CHINUNSPADR2 shares will generate the highest return on investment. By undertsting and applying OVERSEA CHINUNSPADR2 stock market strength indicators, traders can identify OVERSEA CHINUNSPADR2 entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 23.4 | |||
| Day Typical Price | 23.4 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.2 | |||
| Relative Strength Index | 45.34 |
OVERSEA CHINUNSPADR2 Risk Indicators
The analysis of OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oversea 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 | 0.6528 | |||
| Semi Deviation | 0.4031 | |||
| Standard Deviation | 0.9355 | |||
| Variance | 0.8751 | |||
| Downside Variance | 1.28 | |||
| Semi Variance | 0.1625 | |||
| Expected Short fall | (1.30) |
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 OVERSEA Stock
OVERSEA CHINUNSPADR2 financial ratios help investors to determine whether OVERSEA 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 OVERSEA with respect to the benefits of owning OVERSEA CHINUNSPADR2 security.