Xander International Stock Forecast - Daily Balance Of Power

6118 Stock  TWD 22.45  0.35  1.54%   
Xander Stock Forecast is based on your current time horizon.
  
Xander International has current Daily Balance Of Power of (0.41). Balance of Power indicator (or BOP) measures the strength of Xander International market sensitivity to bulls and bears. It estimates the ability of Xander International buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Xander International Balance of Power indicator one can determine a trend of the price direction.
Check Xander International VolatilityBacktest Xander InternationalInformation Ratio  

Xander International Trading Date Momentum

On December 10 2024 Xander International was traded for  22.45  at the closing time. The highest price during the trading period was 23.30  and the lowest recorded bid was listed for  22.45 . The volume for the day was 281.7 K. This history from December 10, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.22% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Xander International

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

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

Xander International 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 Xander International'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 Xander International's current price.

Xander International Market Strength Events

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

Xander International Risk Indicators

The analysis of Xander International'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 Xander International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xander 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 Xander International

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

Moving together with Xander Stock

  0.642454 MediaTekPairCorr

Moving against Xander Stock

  0.393008 LARGAN PrecisionPairCorr
The ability to find closely correlated positions to Xander International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xander International 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 Xander International - 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 Xander International to buy it.
The correlation of Xander International 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 Xander International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xander International 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 Xander International 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 Xander Stock Analysis

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