Mecanica Fina Stock Forecast - Daily Balance Of Power
| MECE Stock | 21.00 3.60 14.63% |
Mecanica Stock Forecast is based on your current time horizon.
Mecanica |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | (18.00) |
| Check Mecanica Fina Volatility | Backtest Mecanica Fina | Information Ratio |
Mecanica Fina Trading Date Momentum
| On December 04 2024 Mecanica Fina SA was traded for 21.00 at the closing time. The highest price during the trading period was 21.20 and the lowest recorded bid was listed for 21.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.95% . |
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 Mecanica Fina
For every potential investor in Mecanica, whether a beginner or expert, Mecanica Fina's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mecanica Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mecanica. Basic forecasting techniques help filter out the noise by identifying Mecanica Fina's price trends.Mecanica Fina 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 Mecanica Fina stock to make a market-neutral strategy. Peer analysis of Mecanica Fina could also be used in its relative valuation, which is a method of valuing Mecanica Fina by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mecanica Fina SA 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 Mecanica Fina'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 Mecanica Fina's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
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| Volume Indicators |
Mecanica Fina Market Strength Events
Market strength indicators help investors to evaluate how Mecanica Fina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mecanica Fina shares will generate the highest return on investment. By undertsting and applying Mecanica Fina stock market strength indicators, traders can identify Mecanica Fina SA entry and exit signals to maximize returns.
Mecanica Fina Risk Indicators
The analysis of Mecanica Fina'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 Mecanica Fina's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mecanica 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 | 0.8494 | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.2 |
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 Mecanica Fina
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 Mecanica Fina 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 Mecanica Fina will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mecanica Fina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mecanica Fina 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 Mecanica Fina - 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 Mecanica Fina SA to buy it.
The correlation of Mecanica Fina 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 Mecanica Fina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mecanica Fina SA 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 Mecanica Fina 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 Mecanica Stock
Mecanica Fina financial ratios help investors to determine whether Mecanica 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 Mecanica with respect to the benefits of owning Mecanica Fina security.