Green Cross Stock Forecast - Price Action Indicator

142280 Stock  KRW 3,590  95.00  2.72%   
Green Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Green Cross stock prices and determine the direction of Green Cross Medical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Green Cross' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Green Cross Medical has current Price Action Indicator of 80.0. 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.
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Green Cross Trading Date Momentum

On December 04 2024 Green Cross Medical was traded for  3,590  at the closing time. The highest price during the trading period was 3,600  and the lowest recorded bid was listed for  3,515 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The overall trading delta to the current price is 2.09% .
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 Green Cross

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

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

Green Cross Medical 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 Green Cross' 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 Green Cross' current price.

Green Cross Market Strength Events

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

Green Cross Risk Indicators

The analysis of Green Cross' 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 Green Cross' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting green 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 Green Cross

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 Green Cross 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 Green Cross will appreciate offsetting losses from the drop in the long position's value.

Moving together with Green Stock

  0.68293780 AptaBio TherapeuticsPairCorr

Moving against Green Stock

  0.48041190 Woori Technology InvPairCorr
The ability to find closely correlated positions to Green Cross could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Cross 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 Green Cross - 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 Green Cross Medical to buy it.
The correlation of Green Cross 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 Green Cross moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Cross Medical 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 Green Cross 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 Green Stock

Green Cross financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Cross security.