Vietnam Maritime Stock Forecast - Daily Balance Of Power
| VMS Stock | 23,100 0.00 0.00% |
Vietnam |
| Check Vietnam Maritime Volatility | Backtest Vietnam Maritime | Trend Details |
Vietnam Maritime Trading Date Momentum
| On January 08 2025 Vietnam Maritime Development was traded for 25,600 at the closing time. The maximum traded price for the trading interval was 25,600 and the lowest daily price was 25,600 . The daily volume was recorded at 101. The volume of trading on 8th of January 2025 played a part in the next trading day price boost. The trading price change to the next closing price was 8.94% . The trading price change to the closing price today is 1.70% . |
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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Vietnam Maritime 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 Vietnam Maritime stock to make a market-neutral strategy. Peer analysis of Vietnam Maritime could also be used in its relative valuation, which is a method of valuing Vietnam Maritime by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vietnam Maritime Market Strength Events
Market strength indicators help investors to evaluate how Vietnam Maritime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vietnam Maritime shares will generate the highest return on investment. By undertsting and applying Vietnam Maritime stock market strength indicators, traders can identify Vietnam Maritime Development entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23100.0 | |||
| Day Typical Price | 23100.0 | |||
| Relative Strength Index | 54.45 |
Vietnam Maritime Risk Indicators
The analysis of Vietnam Maritime'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 Vietnam Maritime's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vietnam 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 | 6.92 | |||
| Semi Deviation | 7.68 | |||
| Standard Deviation | 7.58 | |||
| Variance | 57.4 | |||
| Downside Variance | 63.72 | |||
| Semi Variance | 59.04 | |||
| Expected Short fall | (6.94) |
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 Vietnam Maritime
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 Vietnam Maritime 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 Vietnam Maritime will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vietnam Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vietnam Maritime 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 Vietnam Maritime - 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 Vietnam Maritime Development to buy it.
The correlation of Vietnam Maritime 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 Vietnam Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vietnam Maritime Dev 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 Vietnam Maritime 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.