Asiabest Group Stock Forecast - Daily Balance Of Power
| ABG Stock | 26.20 5.20 24.76% |
Asiabest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Asiabest Group stock prices and determine the direction of Asiabest Group International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Asiabest Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Asiabest |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.9655 | 0.8696 |
| Check Asiabest Group Volatility | Backtest Asiabest Group | Trend Details |
Asiabest Group Trading Date Momentum
| On November 21 2024 Asiabest Group International was traded for 19.28 at the closing time. The highest price during the trading period was 19.64 and the lowest recorded bid was listed for 17.30 . The volume for the day was 1.1 M. This history from November 21, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 10.93% . The overall trading delta to the current price is 9.32% . |
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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Asiabest Group 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 Asiabest Group stock to make a market-neutral strategy. Peer analysis of Asiabest Group could also be used in its relative valuation, which is a method of valuing Asiabest Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asiabest Group Market Strength Events
Market strength indicators help investors to evaluate how Asiabest Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asiabest Group shares will generate the highest return on investment. By undertsting and applying Asiabest Group stock market strength indicators, traders can identify Asiabest Group International entry and exit signals to maximize returns.
Asiabest Group Risk Indicators
The analysis of Asiabest Group'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 Asiabest Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asiabest 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 | 5.22 | |||
| Semi Deviation | 2.77 | |||
| Standard Deviation | 6.74 | |||
| Variance | 45.48 | |||
| Downside Variance | 16.16 | |||
| Semi Variance | 7.69 | |||
| Expected Short fall | (7.95) |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Asiabest Stock
Asiabest Group financial ratios help investors to determine whether Asiabest 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 Asiabest with respect to the benefits of owning Asiabest Group security.