Calian Technologies Stock Forecast - Day Typical Price
| CGY Stock | CAD 48.50 0.45 0.94% |
Calian Stock Forecast is based on your current time horizon. Although Calian Technologies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Calian Technologies' systematic risk associated with finding meaningful patterns of Calian Technologies fundamentals over time.
Calian |
| Previous Day Typical Price | Day Typical Price | Trend |
| 48.2 | 48.41 |
| Check Calian Technologies Volatility | Backtest Calian Technologies | Information Ratio |
Calian Technologies Trading Date Momentum
| On November 29 2024 Calian Technologies was traded for 48.50 at the closing time. The maximum traded price for the trading interval was 49.25 and the lowest daily price was 47.47 . The daily volume was recorded at 73.1 K. The volume of trading on 29th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.47% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Calian Technologies to competition |
Other Forecasting Options for Calian Technologies
For every potential investor in Calian, whether a beginner or expert, Calian Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Calian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Calian. Basic forecasting techniques help filter out the noise by identifying Calian Technologies' price trends.Calian 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 Calian Technologies stock to make a market-neutral strategy. Peer analysis of Calian Technologies could also be used in its relative valuation, which is a method of valuing Calian Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Calian 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 Calian 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 Calian Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Calian Technologies Market Strength Events
Market strength indicators help investors to evaluate how Calian 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 Calian Technologies shares will generate the highest return on investment. By undertsting and applying Calian Technologies stock market strength indicators, traders can identify Calian Technologies entry and exit signals to maximize returns.
Calian Technologies Risk Indicators
The analysis of Calian 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 Calian Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting calian 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 | 1.14 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.51 | |||
| Downside Variance | 1.76 | |||
| Semi Variance | 1.43 | |||
| Expected Short fall | (1.26) |
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 Calian 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 Calian 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 Calian Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Calian 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 Calian 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 Calian 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 Calian Technologies to buy it.
The correlation of Calian 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 Calian Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calian 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 Calian 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.Other Information on Investing in Calian Stock
Calian Technologies financial ratios help investors to determine whether Calian 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 Calian with respect to the benefits of owning Calian Technologies security.