Stepstone Stock Forecast - Daily Balance Of Power
| STEP Stock | USD 58.12 0.21 0.36% |
Stepstone Stock Forecast is based on your current time horizon. Although Stepstone's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Stepstone's systematic risk associated with finding meaningful patterns of Stepstone fundamentals over time.
Stepstone |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6286 | (0.39) |
| Check Stepstone Volatility | Backtest Stepstone | Trend Details |
Stepstone Trading Date Momentum
| On December 18 2024 Stepstone Group was traded for 57.28 at the closing time. The top price for the day was 62.32 and the lowest listed price was 56.83 . The trading volume for the day was 850.6 K. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 8.06% . The trading price change against the current closing price is 5.18% . |
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 Stepstone
For every potential investor in Stepstone, whether a beginner or expert, Stepstone's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Stepstone Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Stepstone. Basic forecasting techniques help filter out the noise by identifying Stepstone's price trends.Stepstone 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 Stepstone stock to make a market-neutral strategy. Peer analysis of Stepstone could also be used in its relative valuation, which is a method of valuing Stepstone by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Stepstone Group 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 Stepstone'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 Stepstone's current price.| Cycle Indicators | ||
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| Volume Indicators |
Stepstone Market Strength Events
Market strength indicators help investors to evaluate how Stepstone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stepstone shares will generate the highest return on investment. By undertsting and applying Stepstone stock market strength indicators, traders can identify Stepstone Group entry and exit signals to maximize returns.
Stepstone Risk Indicators
The analysis of Stepstone'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 Stepstone's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stepstone 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 | 1.59 | |||
| Semi Deviation | 2.14 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 | |||
| Downside Variance | 5.33 | |||
| Semi Variance | 4.58 | |||
| Expected Short fall | (1.66) |
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 Stepstone
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 Stepstone 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 Stepstone will appreciate offsetting losses from the drop in the long position's value.Moving together with Stepstone Stock
| 0.7 | V | Visa Class A | PairCorr |
| 0.74 | MA | Mastercard | PairCorr |
| 0.87 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Stepstone Stock
The ability to find closely correlated positions to Stepstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stepstone 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 Stepstone - 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 Stepstone Group to buy it.
The correlation of Stepstone 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 Stepstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stepstone Group 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 Stepstone 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.Additional Tools for Stepstone Stock Analysis
When running Stepstone's price analysis, check to measure Stepstone's 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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.