Astra Otoparts Stock Forecast - Daily Balance Of Power

AUTO Stock  IDR 2,330  20.00  0.85%   
Astra Stock Forecast is based on your current time horizon.
  
On December 15, 2024 Astra Otoparts Tbk had Daily Balance Of Power of (0.40). Balance of Power indicator (or BOP) measures the strength of Astra Otoparts Tbk market sensitivity to bulls and bears. It estimates the ability of Astra Otoparts buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Astra Otoparts Balance of Power indicator one can determine a trend of the price direction.
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Astra Otoparts Trading Date Momentum

On December 15 2024 Astra Otoparts Tbk was traded for  2,330  at the closing time. The highest price during the trading period was 2,360  and the lowest recorded bid was listed for  2,310 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta to the current price is 0.86% .
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 Astra Otoparts

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

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

Astra Otoparts Tbk 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 Astra Otoparts' 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 Astra Otoparts' current price.

Astra Otoparts Market Strength Events

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

Astra Otoparts Risk Indicators

The analysis of Astra Otoparts' 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 Astra Otoparts' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting astra 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 Astra Stock

Astra Otoparts financial ratios help investors to determine whether Astra 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 Astra with respect to the benefits of owning Astra Otoparts security.