GEVORKYAN Stock Forecast - Daily Balance Of Power
| GEV Stock | 274.00 2.00 0.72% |
GEVORKYAN |
| Check GEVORKYAN Volatility | Backtest GEVORKYAN | Trend Details |
GEVORKYAN Trading Date Momentum
| On January 31 2024 GEVORKYAN as was traded for 276.00 at the closing time. The maximum traded price for the trading interval was 280.00 and the lowest daily price was 276.00 . The daily volume was recorded at 389. The volume of trading on 31st of January 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.72% . The overall trading delta to the closing price today is 2.88% . |
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 GEVORKYAN
For every potential investor in GEVORKYAN, whether a beginner or expert, GEVORKYAN's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GEVORKYAN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GEVORKYAN. Basic forecasting techniques help filter out the noise by identifying GEVORKYAN's price trends.GEVORKYAN 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 GEVORKYAN stock to make a market-neutral strategy. Peer analysis of GEVORKYAN could also be used in its relative valuation, which is a method of valuing GEVORKYAN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GEVORKYAN 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 GEVORKYAN'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 GEVORKYAN's current price.| Cycle Indicators | ||
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| Volume Indicators |
GEVORKYAN Market Strength Events
Market strength indicators help investors to evaluate how GEVORKYAN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GEVORKYAN shares will generate the highest return on investment. By undertsting and applying GEVORKYAN stock market strength indicators, traders can identify GEVORKYAN as entry and exit signals to maximize returns.
GEVORKYAN Risk Indicators
The analysis of GEVORKYAN'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 GEVORKYAN's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gevorkyan 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 | 0.7452 | |||
| Semi Deviation | 0.6469 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.4184 | |||
| Expected Short fall | (1.34) |
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 GEVORKYAN
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 GEVORKYAN 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 GEVORKYAN will appreciate offsetting losses from the drop in the long position's value.Moving together with GEVORKYAN Stock
Moving against GEVORKYAN Stock
| 0.82 | KLIKY | MT 1997 AS | PairCorr |
| 0.81 | COLOS | Coloseum Holding | PairCorr |
| 0.62 | PRAB | Prabos Plus as | PairCorr |
| 0.61 | FILL | Fillamentum as | PairCorr |
The ability to find closely correlated positions to GEVORKYAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GEVORKYAN 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 GEVORKYAN - 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 GEVORKYAN as to buy it.
The correlation of GEVORKYAN 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 GEVORKYAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GEVORKYAN 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 GEVORKYAN 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.Additional Tools for GEVORKYAN Stock Analysis
When running GEVORKYAN's price analysis, check to measure GEVORKYAN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GEVORKYAN is operating at the current time. Most of GEVORKYAN's value examination focuses on studying past and present price action to predict the probability of GEVORKYAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEVORKYAN's price. Additionally, you may evaluate how the addition of GEVORKYAN to your portfolios can decrease your overall portfolio volatility.