THE PHILIPPINE Index Forecast - Daily Balance Of Power

PSEI Index   6,614  24.69  0.37%   
Investors can use prediction functions to forecast THE PHILIPPINE's index prices and determine the direction of THE PHILIPPINE STOCK's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
On November 13, 2024 THE PHILIPPINE STOCK had Daily Balance Of Power of (0.85). Balance of Power indicator (or BOP) measures the strength of THE PHILIPPINE STOCK market sensitivity to bulls and bears. It estimates the ability of THE PHILIPPINE buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring THE PHILIPPINE Balance of Power indicator one can determine a trend of the price direction.
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THE PHILIPPINE Trading Date Momentum

On November 14 2024 THE PHILIPPINE STOCK was traded for  6,557  at the closing time. The highest price during the trading period was 6,730  and the lowest recorded bid was listed for  6,557 . The volume for the day was 127 K. This history from November 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.34% . The trading price change to the current price is 0.05% .
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 THE PHILIPPINE

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

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

THE PHILIPPINE STOCK Technical and Predictive Analytics

The index market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of THE PHILIPPINE'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 THE PHILIPPINE's current price.

THE PHILIPPINE Market Strength Events

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

THE PHILIPPINE Risk Indicators

The analysis of THE PHILIPPINE'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 THE PHILIPPINE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting the index 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.