Daou Tech Stock Forecast - Daily Balance Of Power
| 023590 Stock | 18,010 80.00 0.45% |
Daou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Daou Tech stock prices and determine the direction of Daou Tech's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Daou Tech's historical fundamentals, such as revenue growth or operating cash flow patterns.
Daou |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1875 | 0.1818 |
| Check Daou Tech Volatility | Backtest Daou Tech | Trend Details |
Daou Tech Trading Date Momentum
| On March 07 2024 Daou Tech was traded for 22,800 at the closing time. The highest price during the trading period was 23,000 and the lowest recorded bid was listed for 22,550 . The volume for the day was 92.4 K. This history from March 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.88% . The overall trading delta to the current price is 0.66% . |
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.
| Compare Daou Tech to competition |
Other Forecasting Options for Daou Tech
For every potential investor in Daou, whether a beginner or expert, Daou Tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Daou Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Daou. Basic forecasting techniques help filter out the noise by identifying Daou Tech's price trends.Daou Tech 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 Daou Tech stock to make a market-neutral strategy. Peer analysis of Daou Tech could also be used in its relative valuation, which is a method of valuing Daou Tech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Daou Tech 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 Daou Tech'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 Daou Tech's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Daou Tech Market Strength Events
Market strength indicators help investors to evaluate how Daou Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daou Tech shares will generate the highest return on investment. By undertsting and applying Daou Tech stock market strength indicators, traders can identify Daou Tech entry and exit signals to maximize returns.
Daou Tech Risk Indicators
The analysis of Daou Tech'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 Daou Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daou 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 | 0.777 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Downside Variance | 1.36 | |||
| Semi Variance | 1.25 | |||
| Expected Short fall | (0.79) |
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 Daou Tech
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 Daou Tech 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 Daou Tech will appreciate offsetting losses from the drop in the long position's value.Moving against Daou Stock
| 0.66 | 153460 | Nable Communications | PairCorr |
| 0.53 | 039240 | Gyeongnam Steel | PairCorr |
| 0.47 | 011390 | Busan Industrial | PairCorr |
| 0.46 | 035420 | Naver | PairCorr |
| 0.4 | 012330 | Hyundai Mobis | PairCorr |
The ability to find closely correlated positions to Daou Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daou Tech 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 Daou Tech - 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 Daou Tech to buy it.
The correlation of Daou Tech 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 Daou Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daou Tech 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 Daou Tech 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 Daou Stock
Daou Tech financial ratios help investors to determine whether Daou 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 Daou with respect to the benefits of owning Daou Tech security.