Outback Goldfields Stock Forecast - Daily Balance Of Power
| OZ Stock | 0.33 0.05 17.86% |
Outback Stock Forecast is based on your current time horizon.
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Outback Goldfields Trading Date Momentum
| On November 22 2024 Outback Goldfields Corp was traded for 0.39 at the closing time. The top price for the day was 0.39 and the lowest listed price was 0.35 . The trading volume for the day was 10.5 K. The trading history from November 22, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 11.43% . The trading delta at closing time against the current closing price is 8.57% . |
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 Outback Goldfields
For every potential investor in Outback, whether a beginner or expert, Outback Goldfields' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Outback Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Outback. Basic forecasting techniques help filter out the noise by identifying Outback Goldfields' price trends.Outback Goldfields 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 Outback Goldfields stock to make a market-neutral strategy. Peer analysis of Outback Goldfields could also be used in its relative valuation, which is a method of valuing Outback Goldfields by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Outback Goldfields Corp 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 Outback Goldfields' 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 Outback Goldfields' current price.| Cycle Indicators | ||
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Outback Goldfields Market Strength Events
Market strength indicators help investors to evaluate how Outback Goldfields stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Outback Goldfields shares will generate the highest return on investment. By undertsting and applying Outback Goldfields stock market strength indicators, traders can identify Outback Goldfields Corp entry and exit signals to maximize returns.
Outback Goldfields Risk Indicators
The analysis of Outback Goldfields' 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 Outback Goldfields' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting outback 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 | 5.01 | |||
| Semi Deviation | 5.12 | |||
| Standard Deviation | 7.79 | |||
| Variance | 60.72 | |||
| Downside Variance | 54.36 | |||
| Semi Variance | 26.17 | |||
| Expected Short fall | (9.62) |
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 Outback Stock Analysis
When running Outback Goldfields' price analysis, check to measure Outback Goldfields' 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 Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.