Jeju Semiconductor Stock Forecast - Price Action Indicator

080220 Stock  KRW 8,940  290.00  3.35%   
Jeju Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jeju Semiconductor stock prices and determine the direction of Jeju Semiconductor Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jeju Semiconductor's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 28, 2024 Jeju Semiconductor Corp had Price Action Indicator of (35.00). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Jeju Semiconductor Trading Date Momentum

On November 29 2024 Jeju Semiconductor Corp was traded for  8,790  at the closing time. The highest price during the trading period was 9,070  and the lowest recorded bid was listed for  8,670 . The volume for the day was 398.6 K. This history from November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.09% . The trading delta at closing time to the current price is 4.63% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Jeju Semiconductor

For every potential investor in Jeju, whether a beginner or expert, Jeju Semiconductor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jeju Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jeju. Basic forecasting techniques help filter out the noise by identifying Jeju Semiconductor's price trends.

Jeju Semiconductor 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 Jeju Semiconductor stock to make a market-neutral strategy. Peer analysis of Jeju Semiconductor could also be used in its relative valuation, which is a method of valuing Jeju Semiconductor by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Jeju Semiconductor Corp 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 Jeju Semiconductor'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 Jeju Semiconductor's current price.

Jeju Semiconductor Market Strength Events

Market strength indicators help investors to evaluate how Jeju Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jeju Semiconductor shares will generate the highest return on investment. By undertsting and applying Jeju Semiconductor stock market strength indicators, traders can identify Jeju Semiconductor Corp entry and exit signals to maximize returns.

Jeju Semiconductor Risk Indicators

The analysis of Jeju Semiconductor'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 Jeju Semiconductor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jeju 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 Jeju Semiconductor

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 Jeju Semiconductor 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 Jeju Semiconductor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Jeju Stock

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The ability to find closely correlated positions to Jeju Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jeju Semiconductor 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 Jeju Semiconductor - 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 Jeju Semiconductor Corp to buy it.
The correlation of Jeju Semiconductor 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 Jeju Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeju Semiconductor Corp 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 Jeju Semiconductor 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Jeju Stock

Jeju Semiconductor financial ratios help investors to determine whether Jeju 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 Jeju with respect to the benefits of owning Jeju Semiconductor security.