NEOWIZ HOLDINGS Stock Forecast - Accumulation Distribution
| 042420 Stock | KRW 21,500 450.00 2.14% |
NEOWIZ Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NEOWIZ HOLDINGS stock prices and determine the direction of NEOWIZ HOLDINGS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NEOWIZ HOLDINGS's historical fundamentals, such as revenue growth or operating cash flow patterns.
NEOWIZ |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 215.93 | 2326.38 |
| Check NEOWIZ HOLDINGS Volatility | Backtest NEOWIZ HOLDINGS | Trend Details |
NEOWIZ HOLDINGS Trading Date Momentum
| On October 30 2024 NEOWIZ HOLDINGS was traded for 21,100 at the closing time. The highest price during the trading period was 21,600 and the lowest recorded bid was listed for 21,000 . The volume for the day was 15.5 K. This history from October 30, 2024 did not cause price change. The trading delta at closing time to the current price is 0.95% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare NEOWIZ HOLDINGS to competition |
Other Forecasting Options for NEOWIZ HOLDINGS
For every potential investor in NEOWIZ, whether a beginner or expert, NEOWIZ HOLDINGS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NEOWIZ Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NEOWIZ. Basic forecasting techniques help filter out the noise by identifying NEOWIZ HOLDINGS's price trends.NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS stock to make a market-neutral strategy. Peer analysis of NEOWIZ HOLDINGS could also be used in its relative valuation, which is a method of valuing NEOWIZ HOLDINGS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS'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 NEOWIZ HOLDINGS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NEOWIZ HOLDINGS Market Strength Events
Market strength indicators help investors to evaluate how NEOWIZ HOLDINGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEOWIZ HOLDINGS shares will generate the highest return on investment. By undertsting and applying NEOWIZ HOLDINGS stock market strength indicators, traders can identify NEOWIZ HOLDINGS entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0807 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 21400.0 | |||
| Day Typical Price | 21433.33 | |||
| Market Facilitation Index | 1800.0 | |||
| Price Action Indicator | 325.0 | |||
| Period Momentum Indicator | 450.0 |
NEOWIZ HOLDINGS Risk Indicators
The analysis of NEOWIZ HOLDINGS'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 NEOWIZ HOLDINGS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neowiz 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 | 2.19 | |||
| Semi Deviation | 2.65 | |||
| Standard Deviation | 4.54 | |||
| Variance | 20.62 | |||
| Downside Variance | 10.65 | |||
| Semi Variance | 7.02 | |||
| Expected Short fall | (2.58) |
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 NEOWIZ HOLDINGS
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 NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NEOWIZ HOLDINGS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS - 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 NEOWIZ HOLDINGS to buy it.
The correlation of NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NEOWIZ HOLDINGS 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 NEOWIZ HOLDINGS 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 NEOWIZ Stock
NEOWIZ HOLDINGS financial ratios help investors to determine whether NEOWIZ 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 NEOWIZ with respect to the benefits of owning NEOWIZ HOLDINGS security.