Green Plus Stock Forecast - Price Action Indicator

186230 Stock  KRW 9,220  90.00  0.99%   
Green Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Green Plus stock prices and determine the direction of Green Plus Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Green Plus' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Green Plus Co has current Price Action Indicator of 45.0. 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 Plus Trading Date Momentum

On December 04 2024 Green Plus Co was traded for  9,220  at the closing time. The highest price during the trading period was 9,350  and the lowest recorded bid was listed for  9,090 . 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 1.41% .
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 Plus

For every potential investor in Green, whether a beginner or expert, Green Plus' 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 Plus' price trends.

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

Green Plus 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 Plus' 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 Plus' current price.

Green Plus Market Strength Events

Market strength indicators help investors to evaluate how Green Plus 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 Plus shares will generate the highest return on investment. By undertsting and applying Green Plus stock market strength indicators, traders can identify Green Plus Co entry and exit signals to maximize returns.

Green Plus Risk Indicators

The analysis of Green Plus' 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 Plus' 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 Plus

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

Moving together with Green Stock

  0.74060370 KT SubmarinePairCorr

Moving against Green Stock

  0.48054930 Yooshin EngineeringPairCorr
  0.41011560 Sebo ManufacturingPairCorr
The ability to find closely correlated positions to Green Plus 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 Plus 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 Plus - 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 Plus Co to buy it.
The correlation of Green Plus 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 Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Plus 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 Plus 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 Plus 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 Plus security.