RAIN ENHANCEMENT Stock Forecast - Rate Of Daily Change
| RAIN Stock | USD 1.41 0.01 0.70% |
RAIN Stock Forecast is based on your current time horizon.
RAIN |
| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.05 | 1.05 |
| Check RAIN ENHANCEMENT Volatility | Backtest RAIN ENHANCEMENT | Trend Details |
RAIN ENHANCEMENT Trading Date Momentum
| On July 18 2023 RAIN ENHANCEMENT TECHNOLOGIES was traded for 1.35 at the closing time. The top price for the day was 1.43 and the lowest listed price was 1.32 . The trading volume for the day was 801.7 K. The trading history from July 18, 2023 did not cause price change. The trading delta at closing time against the current closing price is 5.19% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare RAIN ENHANCEMENT to competition
RAIN ENHANCEMENT 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 RAIN ENHANCEMENT stock to make a market-neutral strategy. Peer analysis of RAIN ENHANCEMENT could also be used in its relative valuation, which is a method of valuing RAIN ENHANCEMENT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
RAIN ENHANCEMENT Market Strength Events
Market strength indicators help investors to evaluate how RAIN ENHANCEMENT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RAIN ENHANCEMENT shares will generate the highest return on investment. By undertsting and applying RAIN ENHANCEMENT stock market strength indicators, traders can identify RAIN ENHANCEMENT TECHNOLOGIES entry and exit signals to maximize returns.
Pair Trading with RAIN ENHANCEMENT
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 RAIN ENHANCEMENT 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 RAIN ENHANCEMENT will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to RAIN ENHANCEMENT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RAIN ENHANCEMENT 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 RAIN ENHANCEMENT - 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 RAIN ENHANCEMENT TECHNOLOGIES to buy it.
The correlation of RAIN ENHANCEMENT 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 RAIN ENHANCEMENT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RAIN ENHANCEMENT TEC 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 RAIN ENHANCEMENT 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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RAIN ENHANCEMENT. If investors know RAIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RAIN ENHANCEMENT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of RAIN ENHANCEMENT TEC is measured differently than its book value, which is the value of RAIN that is recorded on the company's balance sheet. Investors also form their own opinion of RAIN ENHANCEMENT's value that differs from its market value or its book value, called intrinsic value, which is RAIN ENHANCEMENT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RAIN ENHANCEMENT's market value can be influenced by many factors that don't directly affect RAIN ENHANCEMENT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RAIN ENHANCEMENT's value and its price as these two are different measures arrived at by different means. Investors typically determine if RAIN ENHANCEMENT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RAIN ENHANCEMENT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.