Addiko Bank Stock Forecast - Daily Balance Of Power

ADKO Stock  EUR 18.85  0.15  0.80%   
Addiko Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Addiko Bank's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On August 7, 2023 Addiko Bank AG had Daily Balance Of Power of 1.0. Balance of Power indicator (or BOP) measures the strength of Addiko Bank AG market sensitivity to bulls and bears. It estimates the ability of Addiko Bank buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Addiko Bank Balance of Power indicator one can determine a trend of the price direction.
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Addiko Bank Trading Date Momentum

On August 08 2023 Addiko Bank AG was traded for  11.62  at the closing time. The highest price during the trading period was 11.62  and the lowest recorded bid was listed for  11.34 . The volume for the day was 7.3 K. This history from August 8, 2023 did not affect price variability. The overall trading delta to the current price is 0.43% .
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 Addiko Bank

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

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

Addiko Bank AG 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 Addiko Bank'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 Addiko Bank's current price.

Addiko Bank Market Strength Events

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

Addiko Bank Risk Indicators

The analysis of Addiko Bank'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 Addiko Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting addiko 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 Addiko Stock

Addiko Bank financial ratios help investors to determine whether Addiko 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 Addiko with respect to the benefits of owning Addiko Bank security.