Greenyard Stock Forecast - Daily Balance Of Power

GREEN Stock  EUR 5.08  0.33  6.95%   
Greenyard Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Greenyard stock prices and determine the direction of Greenyard NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Greenyard's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On July 11, 2023 Greenyard NV had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of Greenyard NV market sensitivity to bulls and bears. It estimates the ability of Greenyard buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Greenyard Balance of Power indicator one can determine a trend of the price direction.
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Greenyard Trading Date Momentum

On July 12 2023 Greenyard NV was traded for  6.34  at the closing time. The highest price during the trading period was 6.44  and the lowest recorded bid was listed for  6.32 . The volume for the day was 4.8 K. This history from July 12, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.63% . The overall trading delta to the current price is 2.06% .
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 Greenyard

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

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

Greenyard NV 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 Greenyard'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 Greenyard's current price.

Greenyard Market Strength Events

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

Greenyard Risk Indicators

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

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

Moving together with Greenyard Stock

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  0.8SOF Sofina Socit AnonymePairCorr

Moving against Greenyard Stock

  0.9ARGX Argen XPairCorr
  0.74UCB UCB SAPairCorr
  0.63EXM Exmar NVPairCorr
  0.37KBCA KBC AncoraPairCorr
The ability to find closely correlated positions to Greenyard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenyard 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 Greenyard - 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 Greenyard NV to buy it.
The correlation of Greenyard 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 Greenyard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenyard NV 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 Greenyard 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 Greenyard Stock

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