FLSmidth Stock Forecast - Rate Of Daily Change
| FLS Stock | DKK 385.20 4.40 1.16% |
FLSmidth Stock Forecast is based on your current time horizon.
FLSmidth |
| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.01 | 1.01 |
| Check FLSmidth Volatility | Backtest FLSmidth | Information Ratio |
FLSmidth Trading Date Momentum
| On November 29 2024 FLSmidth Co was traded for 385.20 at the closing time. The maximum traded price for the trading interval was 399.80 and the lowest daily price was 385.00 . The daily volume was recorded at 161.9 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 2.28% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for FLSmidth
For every potential investor in FLSmidth, whether a beginner or expert, FLSmidth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FLSmidth Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FLSmidth. Basic forecasting techniques help filter out the noise by identifying FLSmidth's price trends.FLSmidth 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 FLSmidth stock to make a market-neutral strategy. Peer analysis of FLSmidth could also be used in its relative valuation, which is a method of valuing FLSmidth by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FLSmidth 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 FLSmidth'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 FLSmidth's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FLSmidth Market Strength Events
Market strength indicators help investors to evaluate how FLSmidth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLSmidth shares will generate the highest return on investment. By undertsting and applying FLSmidth stock market strength indicators, traders can identify FLSmidth Co entry and exit signals to maximize returns.
FLSmidth Risk Indicators
The analysis of FLSmidth'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 FLSmidth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flsmidth 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 | 1.26 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Downside Variance | 2.88 | |||
| Semi Variance | 2.44 | |||
| Expected Short fall | (1.31) |
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 FLSmidth
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 FLSmidth 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 FLSmidth will appreciate offsetting losses from the drop in the long position's value.Moving against FLSmidth Stock
The ability to find closely correlated positions to FLSmidth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FLSmidth 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 FLSmidth - 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 FLSmidth Co to buy it.
The correlation of FLSmidth 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 FLSmidth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FLSmidth 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 FLSmidth 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 FLSmidth Stock
FLSmidth financial ratios help investors to determine whether FLSmidth 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 FLSmidth with respect to the benefits of owning FLSmidth security.