VGP NV Stock Forecast - Relative Strength Index
| VGP Stock | EUR 75.20 2.30 2.97% |
VGP Stock Forecast is based on your current time horizon.
VGP |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 40.92 | 40.92 |
| Check VGP NV Volatility | Backtest VGP NV | Trend Details |
VGP NV Trading Date Momentum
| On December 04 2024 VGP NV was traded for 75.20 at the closing time. The maximum traded price for the trading interval was 77.20 and the lowest daily price was 74.40 . There was no trading activity during the period 0.0. Lack of trading volume on 4th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 2.66% . |
| Compare VGP NV to competition |
Other Forecasting Options for VGP NV
For every potential investor in VGP, whether a beginner or expert, VGP NV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VGP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VGP. Basic forecasting techniques help filter out the noise by identifying VGP NV's price trends.VGP NV 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 VGP NV stock to make a market-neutral strategy. Peer analysis of VGP NV could also be used in its relative valuation, which is a method of valuing VGP NV by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VGP NV 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 VGP NV'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 VGP NV's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
VGP NV Market Strength Events
Market strength indicators help investors to evaluate how VGP NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VGP NV shares will generate the highest return on investment. By undertsting and applying VGP NV stock market strength indicators, traders can identify VGP NV entry and exit signals to maximize returns.
VGP NV Risk Indicators
The analysis of VGP NV'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 VGP NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vgp 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 | 1.47 | |||
| 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.
Pair Trading with VGP NV
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 VGP NV 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 VGP NV will appreciate offsetting losses from the drop in the long position's value.Moving together with VGP Stock
Moving against VGP Stock
The ability to find closely correlated positions to VGP NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VGP NV 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 VGP NV - 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 VGP NV to buy it.
The correlation of VGP NV 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 VGP NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VGP NV 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 VGP NV 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 VGP Stock Analysis
When running VGP NV's price analysis, check to measure VGP NV'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 VGP NV is operating at the current time. Most of VGP NV's value examination focuses on studying past and present price action to predict the probability of VGP NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VGP NV's price. Additionally, you may evaluate how the addition of VGP NV to your portfolios can decrease your overall portfolio volatility.