WOORI FIN Stock Forecast - Accumulation Distribution

2WGA Stock  EUR 32.20  0.40  1.23%   
WOORI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of WOORI FIN's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 9, 2024 WOORI FIN GRP had Accumulation Distribution of 23.46. The accumulation distribution (A/D) indicator shows the degree to which WOORI FIN is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of WOORI FIN GRP to determine if accumulation or reduction is taking place in the market. This value is adjusted by WOORI FIN trading volume to give more weight to distributions with higher volume over lower volume.
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WOORI FIN Trading Date Momentum

On October 10 2024 WOORI FIN GRP was traded for  31.00  at the closing time. The maximum traded price for the trading interval was 31.00  and the lowest daily price was  30.20 . The daily volume was recorded at 610. The volume of trading on 10th of October 2024 played a part in the next trading day price drop. The daily price change to the next closing price was 0.64% . The trading price change to the closing price today is 3.21% .
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
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Other Forecasting Options for WOORI FIN

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

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

WOORI FIN GRP 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 WOORI FIN'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 WOORI FIN's current price.

WOORI FIN Market Strength Events

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

WOORI FIN Risk Indicators

The analysis of WOORI FIN'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 WOORI FIN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting woori 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.

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Other Information on Investing in WOORI Stock

WOORI FIN financial ratios help investors to determine whether WOORI 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 WOORI with respect to the benefits of owning WOORI FIN security.