Blue Foundry Bancorp Stock Momentum Indicators Rate of change ratio 100 scale

BLFY Stock  USD 10.84  0.26  2.46%   
Blue Foundry momentum indicators tool provides the execution environment for running the Rate of change ratio 100 scale indicator and other technical functions against Blue Foundry. Blue Foundry value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Rate of change ratio 100 scale indicator function is designed to identify and follow existing trends. Momentum indicators of Blue Foundry are pattern recognition functions that provide distinct formation on Blue Foundry potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Rate of change ratio 100 scale: (price/prevPrice)*100 indicator measures the change in Blue Foundry price from one period to the next using 100% scale.

Blue Foundry Technical Analysis Modules

Most technical analysis of Blue Foundry help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Blue from various momentum indicators to cycle indicators. When you analyze Blue charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Blue Foundry Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Foundry Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blue Foundry Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blue Foundry's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Blue Foundry's intrinsic value. In addition to deriving basic predictive indicators for Blue Foundry, we also check how macroeconomic factors affect Blue Foundry price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.0045240.0040710.002656
Price To Sales Ratio6.175.297.96
Hype
Prediction
LowEstimatedHigh
8.6110.5812.55
Details
Intrinsic
Valuation
LowRealHigh
7.649.6111.59
Details
Naive
Forecast
LowNextHigh
8.2410.2112.19
Details
2 Analysts
Consensus
LowTargetHigh
7.968.759.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blue Foundry. Your research has to be compared to or analyzed against Blue Foundry's peers to derive any actionable benefits. When done correctly, Blue Foundry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blue Foundry Bancorp.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Blue Foundry Bancorp pair trading

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 Blue Foundry 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 Blue Foundry will appreciate offsetting losses from the drop in the long position's value.

Blue Foundry Pair Trading

Blue Foundry Bancorp Pair Trading Analysis

The ability to find closely correlated positions to Blue Foundry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Foundry 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 Blue Foundry - 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 Blue Foundry Bancorp to buy it.
The correlation of Blue Foundry 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 Blue Foundry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Foundry Bancorp 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 Blue Foundry 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.
Pair CorrelationCorrelation Matching

Additional Tools for Blue Stock Analysis

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