Sang A Stock Forecast - Price Action Indicator

089980 Stock  KRW 19,380  310.00  1.63%   
Sang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sang A stock prices and determine the direction of Sang A Frontec CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sang A's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sang A Frontec CoLtd has current Price Action Indicator of 290.0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Sang A VolatilityBacktest Sang AInformation Ratio  

Sang A Trading Date Momentum

On December 13 2024 Sang A Frontec CoLtd was traded for  19,380  at the closing time. The highest price during the trading period was 19,490  and the lowest recorded bid was listed for  19,000 . The volume for the day was 27.5 K. This history from December 13, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.93% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Sang A

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

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

Sang A Frontec 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 Sang A'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 Sang A's current price.

Sang A Market Strength Events

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

Sang A Risk Indicators

The analysis of Sang A'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 Sang A's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sang 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.

Pair Trading with Sang A

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 Sang A 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 Sang A will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sang Stock

  0.77005930 Samsung ElectronicsPairCorr
  0.76005935 Samsung ElectronicsPairCorr
  0.88005380 Hyundai MotorPairCorr

Moving against Sang Stock

  0.38105560 KB Financial GroupPairCorr
The ability to find closely correlated positions to Sang A could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sang A 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 Sang A - 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 Sang A Frontec CoLtd to buy it.
The correlation of Sang A 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 Sang A moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sang A Frontec 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 Sang A 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

Other Information on Investing in Sang Stock

Sang A financial ratios help investors to determine whether Sang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sang with respect to the benefits of owning Sang A security.