WOORI FIN Stock Forecast - Daily Balance Of Power

2WGA Stock  EUR 32.80  0.60  1.86%   
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 September 30, 2024 WOORI FIN GRP had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of WOORI FIN GRP market sensitivity to bulls and bears. It estimates the ability of WOORI FIN buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring WOORI FIN Balance of Power indicator one can determine a trend of the price direction.
Check WOORI FIN VolatilityBacktest WOORI FINTrend Details  

WOORI FIN Trading Date Momentum

On October 01 2024 WOORI FIN GRP was traded for  31.20  at the closing time. The maximum traded price for the trading interval was 31.20  and the lowest daily price was  31.20 . There was no trading activity during the period 1.0. Lack of trading volume on 1st of October 2024 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.00% .
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 WOORI FIN to competition

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.

Currently Active Assets on Macroaxis

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.