Parade Technologies Stock Forecast - Price Action Indicator
| 4966 Stock | TWD 773.00 31.00 4.18% |
Parade Stock Forecast is based on your current time horizon.
Parade |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (13.00) | 27.5 |
| Check Parade Technologies Volatility | Backtest Parade Technologies | Information Ratio |
Parade Technologies Trading Date Momentum
| On December 13 2024 Parade Technologies was traded for 773.00 at the closing time. The highest price during the trading period was 778.00 and the lowest recorded bid was listed for 744.00 . The volume for the day was 1.1 M. This history from December 13, 2024 did not cause price change. The trading delta at closing time to the current price is 2.20% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Parade Technologies to competition |
Other Forecasting Options for Parade Technologies
For every potential investor in Parade, whether a beginner or expert, Parade Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Parade Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Parade. Basic forecasting techniques help filter out the noise by identifying Parade Technologies' price trends.Parade Technologies 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 Parade Technologies stock to make a market-neutral strategy. Peer analysis of Parade Technologies could also be used in its relative valuation, which is a method of valuing Parade Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Parade Technologies 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 Parade Technologies' 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 Parade Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Parade Technologies Market Strength Events
Market strength indicators help investors to evaluate how Parade Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parade Technologies shares will generate the highest return on investment. By undertsting and applying Parade Technologies stock market strength indicators, traders can identify Parade Technologies entry and exit signals to maximize returns.
| Accumulation Distribution | 50249.03 | |||
| Daily Balance Of Power | 0.9118 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 761.0 | |||
| Day Typical Price | 765.0 | |||
| Price Action Indicator | 27.5 | |||
| Period Momentum Indicator | 31.0 |
Parade Technologies Risk Indicators
The analysis of Parade Technologies' 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 Parade Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting parade 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.
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.53 | |||
| Downside Variance | 3.16 | |||
| Semi Variance | 2.69 | |||
| Expected Short fall | (2.01) |
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 Parade Technologies
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 Parade Technologies 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 Parade Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Parade Stock
Moving against Parade Stock
The ability to find closely correlated positions to Parade Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parade Technologies 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 Parade Technologies - 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 Parade Technologies to buy it.
The correlation of Parade Technologies 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 Parade Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parade Technologies 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 Parade Technologies 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.Additional Tools for Parade Stock Analysis
When running Parade Technologies' price analysis, check to measure Parade Technologies' 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 Parade Technologies is operating at the current time. Most of Parade Technologies' value examination focuses on studying past and present price action to predict the probability of Parade Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parade Technologies' price. Additionally, you may evaluate how the addition of Parade Technologies to your portfolios can decrease your overall portfolio volatility.