STMICROELECTRONICS Stock Forecast - Daily Balance Of Power
| SGM Stock | EUR 24.32 0.19 0.78% |
STMICROELECTRONICS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast STMICROELECTRONICS stock prices and determine the direction of STMICROELECTRONICS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of STMICROELECTRONICS's historical fundamentals, such as revenue growth or operating cash flow patterns.
STMICROELECTRONICS |
| Check STMICROELECTRONICS Volatility | Backtest STMICROELECTRONICS | Trend Details |
STMICROELECTRONICS Trading Date Momentum
| On December 27 2024 STMICROELECTRONICS was traded for 24.03 at the closing time. The maximum traded price for the trading interval was 24.03 and the lowest daily price was 24.03 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of December 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 1.69% . The trading price change to the closing price today is 3.72% . |
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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STMICROELECTRONICS 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 STMICROELECTRONICS stock to make a market-neutral strategy. Peer analysis of STMICROELECTRONICS could also be used in its relative valuation, which is a method of valuing STMICROELECTRONICS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
STMICROELECTRONICS Market Strength Events
Market strength indicators help investors to evaluate how STMICROELECTRONICS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STMICROELECTRONICS shares will generate the highest return on investment. By undertsting and applying STMICROELECTRONICS stock market strength indicators, traders can identify STMICROELECTRONICS entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 24.32 | |||
| Day Typical Price | 24.32 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.19) |
STMICROELECTRONICS Risk Indicators
The analysis of STMICROELECTRONICS'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 STMICROELECTRONICS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stmicroelectronics 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 | 1.43 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 |
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 STMICROELECTRONICS Stock
STMICROELECTRONICS financial ratios help investors to determine whether STMICROELECTRONICS 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 STMICROELECTRONICS with respect to the benefits of owning STMICROELECTRONICS security.