Immersion Stock Forecast - Information Ratio
| IMMR Stock | USD 9.12 0.17 1.90% |
Immersion Stock Forecast is based on your current time horizon. Although Immersion's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Immersion's systematic risk associated with finding meaningful patterns of Immersion fundamentals over time.
Immersion |
| Check Immersion Volatility | Backtest Immersion | Trend Details |
Immersion Trading Date Momentum
| On December 11 2024 Immersion was traded for 9.11 at the closing time. The top price for the day was 9.30 and the lowest listed price was 9.00 . The trading volume for the day was 783.2 K. The trading history from December 11, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.22% . The trading delta at closing time against the current closing price is 11.77% . |
| Compare Immersion to competition |
Other Forecasting Options for Immersion
For every potential investor in Immersion, whether a beginner or expert, Immersion's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Immersion Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Immersion. Basic forecasting techniques help filter out the noise by identifying Immersion's price trends.Immersion 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 Immersion stock to make a market-neutral strategy. Peer analysis of Immersion could also be used in its relative valuation, which is a method of valuing Immersion by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Immersion 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 Immersion'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 Immersion's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Immersion Market Strength Events
Market strength indicators help investors to evaluate how Immersion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Immersion shares will generate the highest return on investment. By undertsting and applying Immersion stock market strength indicators, traders can identify Immersion entry and exit signals to maximize returns.
Immersion Risk Indicators
The analysis of Immersion'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 Immersion's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting immersion 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 | 1.74 | |||
| Semi Deviation | 2.57 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 | |||
| Downside Variance | 7.19 | |||
| Semi Variance | 6.62 | |||
| Expected Short fall | (1.73) |
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 Immersion
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 Immersion 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 Immersion will appreciate offsetting losses from the drop in the long position's value.Moving together with Immersion Stock
Moving against Immersion Stock
| 0.63 | VRME | VerifyMe | PairCorr |
| 0.62 | VISL | Vislink Technologies | PairCorr |
| 0.6 | DM | Desktop Metal | PairCorr |
| 0.47 | CDW | CDW Corp | PairCorr |
| 0.35 | DSWL | Deswell Industries | PairCorr |
The ability to find closely correlated positions to Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immersion 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 Immersion - 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 Immersion to buy it.
The correlation of Immersion 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 Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immersion 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 Immersion 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 Immersion Stock Analysis
When running Immersion's price analysis, check to measure Immersion'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 Immersion is operating at the current time. Most of Immersion's value examination focuses on studying past and present price action to predict the probability of Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immersion's price. Additionally, you may evaluate how the addition of Immersion to your portfolios can decrease your overall portfolio volatility.