Bumi Resources Stock Forecast - Daily Balance Of Power
| BUMI Stock | IDR 142.00 3.00 2.07% |
Bumi Stock Forecast is based on your current time horizon.
Bumi |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.67) | (0.50) |
| Check Bumi Resources Volatility | Backtest Bumi Resources | Trend Details |
Bumi Resources Trading Date Momentum
| On February 20 2024 Bumi Resources Tbk was traded for 87.00 at the closing time. The highest price during the trading period was 87.00 and the lowest recorded bid was listed for 85.00 . The volume for the day was 186.5 M. This history from February 20, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.16% . The overall trading delta to the current price is 3.49% . |
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 Bumi Resources
For every potential investor in Bumi, whether a beginner or expert, Bumi Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bumi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bumi. Basic forecasting techniques help filter out the noise by identifying Bumi Resources' price trends.Bumi Resources 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 Bumi Resources stock to make a market-neutral strategy. Peer analysis of Bumi Resources could also be used in its relative valuation, which is a method of valuing Bumi Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bumi Resources 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 Bumi Resources' 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 Bumi Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bumi Resources Market Strength Events
Market strength indicators help investors to evaluate how Bumi Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bumi Resources shares will generate the highest return on investment. By undertsting and applying Bumi Resources stock market strength indicators, traders can identify Bumi Resources Tbk entry and exit signals to maximize returns.
Bumi Resources Risk Indicators
The analysis of Bumi Resources' 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 Bumi Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bumi 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 | 3.51 | |||
| Semi Deviation | 2.66 | |||
| Standard Deviation | 5.0 | |||
| Variance | 25.04 | |||
| Downside Variance | 10.38 | |||
| Semi Variance | 7.1 | |||
| Expected Short fall | (5.38) |
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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Bumi Resources financial ratios help investors to determine whether Bumi 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 Bumi with respect to the benefits of owning Bumi Resources security.