STL Technology Stock Forecast - Relative Strength Index
| 4931 Stock | 63.70 1.60 2.45% |
STL Stock Forecast is based on your current time horizon.
STL |
| Check STL Technology Volatility | Backtest STL Technology | Information Ratio |
STL Technology Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.| Compare STL Technology to competition |
Other Forecasting Options for STL Technology
For every potential investor in STL, whether a beginner or expert, STL Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. STL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in STL. Basic forecasting techniques help filter out the noise by identifying STL Technology's price trends.STL Technology 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 STL Technology stock to make a market-neutral strategy. Peer analysis of STL Technology could also be used in its relative valuation, which is a method of valuing STL Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
STL Technology 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 STL Technology'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 STL Technology's current price.| Cycle Indicators | ||
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STL Technology Market Strength Events
Market strength indicators help investors to evaluate how STL Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STL Technology shares will generate the highest return on investment. By undertsting and applying STL Technology stock market strength indicators, traders can identify STL Technology Co entry and exit signals to maximize returns.
STL Technology Risk Indicators
The analysis of STL Technology'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 STL Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stl 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 | 3.49 | |||
| Semi Deviation | 3.09 | |||
| Standard Deviation | 4.52 | |||
| Variance | 20.43 | |||
| Downside Variance | 14.45 | |||
| Semi Variance | 9.56 | |||
| Expected Short fall | (4.40) |
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 STL Technology
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 STL Technology 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 STL Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with STL Stock
Moving against STL Stock
| 0.89 | 5871 | Chailease Holding | PairCorr |
| 0.89 | 6505 | Formosa Petrochemical | PairCorr |
| 0.86 | 1605 | Walsin Lihwa Corp | PairCorr |
| 0.83 | 2489 | Amtran Technology | PairCorr |
| 0.82 | 6409 | Voltronic Power Tech | PairCorr |
The ability to find closely correlated positions to STL Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STL Technology 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 STL Technology - 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 STL Technology Co to buy it.
The correlation of STL Technology 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 STL Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STL Technology 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 STL Technology 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.Additional Tools for STL Stock Analysis
When running STL Technology's price analysis, check to measure STL Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STL Technology is operating at the current time. Most of STL Technology's value examination focuses on studying past and present price action to predict the probability of STL Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STL Technology's price. Additionally, you may evaluate how the addition of STL Technology to your portfolios can decrease your overall portfolio volatility.