Asia Electronic Stock Forecast - Daily Balance Of Power
| 4939 Stock | TWD 20.90 0.45 2.20% |
Asia Stock Forecast is based on your current time horizon.
Asia |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | 0.6667 |
| Check Asia Electronic Volatility | Backtest Asia Electronic | Trend Details |
Asia Electronic Trading Date Momentum
| On December 26 2023 Asia Electronic Material was traded for 22.80 at the closing time. The highest price during the trading period was 22.95 and the lowest recorded bid was listed for 21.15 . The volume for the day was 6.2 M. This history from December 26, 2023 contributed to the next trading day price increase. The daily price change to the next closing price was 7.80% . The overall trading delta to the current price is 1.42% . |
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.
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Other Forecasting Options for Asia Electronic
For every potential investor in Asia, whether a beginner or expert, Asia Electronic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Asia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Asia. Basic forecasting techniques help filter out the noise by identifying Asia Electronic's price trends.Asia Electronic 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 Asia Electronic stock to make a market-neutral strategy. Peer analysis of Asia Electronic could also be used in its relative valuation, which is a method of valuing Asia Electronic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asia Electronic Material 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 Asia Electronic'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 Asia Electronic's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Asia Electronic Market Strength Events
Market strength indicators help investors to evaluate how Asia Electronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Electronic shares will generate the highest return on investment. By undertsting and applying Asia Electronic stock market strength indicators, traders can identify Asia Electronic Material entry and exit signals to maximize returns.
Asia Electronic Risk Indicators
The analysis of Asia Electronic'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 Asia Electronic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asia 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 | 1.2 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.76 |
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 Asia Electronic
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 Asia Electronic 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 Asia Electronic will appreciate offsetting losses from the drop in the long position's value.Moving together with Asia Stock
Moving against Asia Stock
The ability to find closely correlated positions to Asia Electronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asia Electronic 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 Asia Electronic - 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 Asia Electronic Material to buy it.
The correlation of Asia Electronic 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 Asia Electronic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asia Electronic Material 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 Asia Electronic 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 Asia Stock Analysis
When running Asia Electronic's price analysis, check to measure Asia Electronic'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 Asia Electronic is operating at the current time. Most of Asia Electronic's value examination focuses on studying past and present price action to predict the probability of Asia Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Electronic's price. Additionally, you may evaluate how the addition of Asia Electronic to your portfolios can decrease your overall portfolio volatility.