THCX Etf Forecast - Total Risk Alpha
| THCX Etf | USD 1.78 0.03 1.71% |
THCX Etf Forecast is based on your current time horizon.
THCX |
| Check THCX Volatility | Backtest THCX | Trend Details |
THCX Trading Date Momentum
| On December 15 2024 THCX was traded for 1.78 at the closing time. The top price for the day was 1.80 and the lowest listed price was 1.73 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.69% . |
THCX 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 THCX etf to make a market-neutral strategy. Peer analysis of THCX could also be used in its relative valuation, which is a method of valuing THCX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
THCX Market Strength Events
Market strength indicators help investors to evaluate how THCX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading THCX shares will generate the highest return on investment. By undertsting and applying THCX etf market strength indicators, traders can identify THCX entry and exit signals to maximize returns.
THCX Risk Indicators
The analysis of THCX'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 THCX's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thcx etf 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 | 1.74 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.61 |
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.
Also Currently Popular
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.When determining whether THCX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of THCX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thcx Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Thcx Etf:Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of THCX is measured differently than its book value, which is the value of THCX that is recorded on the company's balance sheet. Investors also form their own opinion of THCX's value that differs from its market value or its book value, called intrinsic value, which is THCX'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 THCX's market value can be influenced by many factors that don't directly affect THCX'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 THCX's value and its price as these two are different measures arrived at by different means. Investors typically determine if THCX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THCX'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.