Hanyang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hanyang ENG stock prices and determine the direction of Hanyang ENG Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hanyang ENG's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hanyang
On December 3, 2024 Hanyang ENG Co had Relative Strength Index of 44.68.
On December 04 2024 Hanyang ENG Co was traded for 16,610 at the closing time. The highest price during the trading period was 16,620 and the lowest recorded bid was listed for 16,260 . 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 1.57% .
For every potential investor in Hanyang, whether a beginner or expert, Hanyang ENG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hanyang Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hanyang. Basic forecasting techniques help filter out the noise by identifying Hanyang ENG's price trends.
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 Hanyang ENG stock to make a market-neutral strategy. Peer analysis of Hanyang ENG could also be used in its relative valuation, which is a method of valuing Hanyang ENG by comparing valuation metrics with similar companies.
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 Hanyang ENG'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 Hanyang ENG's current price.
Market strength indicators help investors to evaluate how Hanyang ENG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanyang ENG shares will generate the highest return on investment. By undertsting and applying Hanyang ENG stock market strength indicators, traders can identify Hanyang ENG Co entry and exit signals to maximize returns.
The analysis of Hanyang ENG'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 Hanyang ENG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hanyang 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.
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 Hanyang ENG
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 Hanyang ENG 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 Hanyang ENG will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Hanyang ENG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanyang ENG 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 Hanyang ENG - 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 Hanyang ENG Co to buy it.
The correlation of Hanyang ENG 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 Hanyang ENG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hanyang ENG 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 Hanyang ENG 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.
Hanyang ENG financial ratios help investors to determine whether Hanyang 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 Hanyang with respect to the benefits of owning Hanyang ENG security.