Waystream Holding Stock Forecast - Daily Balance Of Power

WAYS Stock  SEK 16.64  0.78  4.92%   
Waystream Stock Forecast is based on your current time horizon.
  
On October 30, 2024 Waystream Holding AB had Daily Balance Of Power of 0.4324. Balance of Power indicator (or BOP) measures the strength of Waystream Holding AB market sensitivity to bulls and bears. It estimates the ability of Waystream Holding buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Waystream Holding Balance of Power indicator one can determine a trend of the price direction.
Check Waystream Holding VolatilityBacktest Waystream HoldingTrend Details  

Waystream Holding Trading Date Momentum

On October 31 2024 Waystream Holding AB was traded for  19.18  at the closing time. The highest price during the trading period was 19.92  and the lowest recorded bid was listed for  19.00 . The volume for the day was 8.4 K. This history from October 31, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.42% . The trading price change to the current price is 2.70% .
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.
Compare Waystream Holding to competition

Other Forecasting Options for Waystream Holding

For every potential investor in Waystream, whether a beginner or expert, Waystream Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Waystream Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Waystream. Basic forecasting techniques help filter out the noise by identifying Waystream Holding's price trends.

Waystream Holding 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 Waystream Holding stock to make a market-neutral strategy. Peer analysis of Waystream Holding could also be used in its relative valuation, which is a method of valuing Waystream Holding by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Waystream Holding 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 Waystream Holding'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 Waystream Holding's current price.

Waystream Holding Market Strength Events

Market strength indicators help investors to evaluate how Waystream Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waystream Holding shares will generate the highest return on investment. By undertsting and applying Waystream Holding stock market strength indicators, traders can identify Waystream Holding AB entry and exit signals to maximize returns.

Waystream Holding Risk Indicators

The analysis of Waystream Holding'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 Waystream Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting waystream 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Waystream Stock Analysis

When running Waystream Holding's price analysis, check to measure Waystream Holding'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 Waystream Holding is operating at the current time. Most of Waystream Holding's value examination focuses on studying past and present price action to predict the probability of Waystream Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waystream Holding's price. Additionally, you may evaluate how the addition of Waystream Holding to your portfolios can decrease your overall portfolio volatility.