Fynske Bank Stock Forecast - Price Action Indicator

FYNBK Stock  DKK 136.00  5.00  3.55%   
Fynske Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fynske Bank stock prices and determine the direction of Fynske Bank AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fynske Bank's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 3, 2024 Fynske Bank AS had Price Action Indicator of (8.00). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Fynske Bank VolatilityBacktest Fynske BankTrend Details  

Fynske Bank Trading Date Momentum

On December 04 2024 Fynske Bank AS was traded for  136.00  at the closing time. The highest price during the trading period was 144.00  and the lowest recorded bid was listed for  136.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not affect price variability. The overall trading delta to the current price is 5.88% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Fynske Bank

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

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

Fynske Bank AS 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 Fynske 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 Fynske Bank's current price.

Fynske Bank Market Strength Events

Market strength indicators help investors to evaluate how Fynske 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 Fynske Bank shares will generate the highest return on investment. By undertsting and applying Fynske Bank stock market strength indicators, traders can identify Fynske Bank AS entry and exit signals to maximize returns.

Fynske Bank Risk Indicators

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

Pair Trading with Fynske Bank

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 Fynske Bank 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 Fynske Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fynske Stock

  0.81NOVO-B Novo Nordisk ASPairCorr

Moving against Fynske Stock

  0.68DSV DSV Panalpina ASPairCorr
  0.66MAERSK-A AP MllerPairCorr
  0.66MAERSK-B AP MllerPairCorr
The ability to find closely correlated positions to Fynske Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fynske Bank 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 Fynske Bank - 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 Fynske Bank AS to buy it.
The correlation of Fynske Bank 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 Fynske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fynske Bank AS 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 Fynske Bank 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Fynske Stock

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