Popular Pink Sheet Forecast - Period Momentum Indicator
| BPOPO Stock | USD 24.02 0.58 2.36% |
Popular Pink Sheet Forecast is based on your current time horizon.
Popular |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.18) | (0.58) |
| Check Popular Volatility | Backtest Popular | Information Ratio |
Popular Trading Date Momentum
| On December 17 2024 Popular was traded for 24.02 at the closing time. The highest daily price throughout the period was 24.20 and the lowest price was 24.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/17/2024 did not cause price change. The trading delta at closing time to current closing price is 0.75% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Popular to competition |
Other Forecasting Options for Popular
For every potential investor in Popular, whether a beginner or expert, Popular's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Popular Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Popular. Basic forecasting techniques help filter out the noise by identifying Popular's price trends.Popular 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 Popular pink sheet to make a market-neutral strategy. Peer analysis of Popular could also be used in its relative valuation, which is a method of valuing Popular by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Popular Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Popular'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 Popular's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Popular Market Strength Events
Market strength indicators help investors to evaluate how Popular pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Popular shares will generate the highest return on investment. By undertsting and applying Popular pink sheet market strength indicators, traders can identify Popular entry and exit signals to maximize returns.
Popular Risk Indicators
The analysis of Popular'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 Popular's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting popular pink sheet 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 | 0.5683 | |||
| Standard Deviation | 0.9993 | |||
| Variance | 0.9986 |
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 Popular
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 Popular 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 Popular will appreciate offsetting losses from the drop in the long position's value.Moving against Popular Pink Sheet
The ability to find closely correlated positions to Popular could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Popular 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 Popular - 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 Popular to buy it.
The correlation of Popular 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 Popular moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Popular 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 Popular 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 Information and Resources on Investing in Popular Pink Sheet
When determining whether Popular is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Popular Pink Sheet is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Popular Stock. Highlighted below are key reports to facilitate an investment decision about Popular Stock:Check out Historical Fundamental Analysis of Popular to cross-verify your projections. To learn how to invest in Popular Pink Sheet, please use our How to Invest in Popular guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.