Pinetree Capital Stock Forecast - Daily Balance Of Power

PNP Stock  CAD 10.43  0.33  3.27%   
Pinetree Stock Forecast is based on your current time horizon. Although Pinetree Capital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Pinetree Capital's systematic risk associated with finding meaningful patterns of Pinetree Capital fundamentals over time.
  
At this time, Pinetree Capital's Payables Turnover is very stable compared to the past year. As of the 17th of December 2024, Asset Turnover is likely to grow to 0.15, while Inventory Turnover is likely to drop 0.01. . As of the 17th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 1.4 M, while Common Stock Shares Outstanding is likely to drop about 10.3 M.
On October 21, 2024 Pinetree Capital had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Pinetree Capital market sensitivity to bulls and bears. It estimates the ability of Pinetree Capital buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Pinetree Capital Balance of Power indicator one can determine a trend of the price direction.
Check Pinetree Capital VolatilityBacktest Pinetree CapitalTrend Details  

Pinetree Capital Trading Date Momentum

On October 22 2024 Pinetree Capital was traded for  7.76  at the closing time. The maximum traded price for the trading interval was 7.76  and the lowest daily price was  7.06 . The daily volume was recorded at 1.5 K. The volume of trading on 22nd of October 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 1.44% . The trading delta at closing time to the closing price today is 16.21% .
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 Pinetree Capital to competition

Other Forecasting Options for Pinetree Capital

For every potential investor in Pinetree, whether a beginner or expert, Pinetree Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pinetree Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pinetree. Basic forecasting techniques help filter out the noise by identifying Pinetree Capital's price trends.

Pinetree Capital 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 Pinetree Capital stock to make a market-neutral strategy. Peer analysis of Pinetree Capital could also be used in its relative valuation, which is a method of valuing Pinetree Capital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pinetree Capital 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 Pinetree Capital'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 Pinetree Capital's current price.

Pinetree Capital Market Strength Events

Market strength indicators help investors to evaluate how Pinetree Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pinetree Capital shares will generate the highest return on investment. By undertsting and applying Pinetree Capital stock market strength indicators, traders can identify Pinetree Capital entry and exit signals to maximize returns.

Pinetree Capital Risk Indicators

The analysis of Pinetree Capital'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 Pinetree Capital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pinetree 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.
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.

Pair Trading with Pinetree Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pinetree Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pinetree Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pinetree Stock

  0.87ELF E L FinancialPairCorr
  0.94FFH Fairfax FinancialPairCorr
  0.9FFH-PC Fairfax Fin HldPairCorr
  0.83FFH-PH Fairfax FinancialPairCorr

Moving against Pinetree Stock

  0.31PIC-A Premium Income SplitPairCorr
The ability to find closely correlated positions to Pinetree Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinetree Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pinetree Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pinetree Capital to buy it.
The correlation of Pinetree Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pinetree Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinetree Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pinetree Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pinetree Stock

Pinetree Capital financial ratios help investors to determine whether Pinetree 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 Pinetree with respect to the benefits of owning Pinetree Capital security.