ISun Stock Forecast - Relative Strength Index
| ISUNDelisted Stock | USD 0.03 0.01 32.37% |
ISun Stock Forecast is based on your current time horizon.
ISun |
| Check ISun Volatility | Backtest ISun | Trend Details |
ISun Trading Date Momentum
| On June 05 2024 ISun Inc was traded for 0.03 at the closing time. The top price for the day was 0.04 and the lowest listed price was 0.02 . The trading volume for the day was 806.1 K. The trading history from June 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 32.84% . The trading delta at closing time against the current closing price is 49.26% . |
ISun 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 ISun stock to make a market-neutral strategy. Peer analysis of ISun could also be used in its relative valuation, which is a method of valuing ISun by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ISun Market Strength Events
Market strength indicators help investors to evaluate how ISun stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ISun shares will generate the highest return on investment. By undertsting and applying ISun stock market strength indicators, traders can identify ISun Inc entry and exit signals to maximize returns.
ISun Risk Indicators
The analysis of ISun'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 ISun's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting isun 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 | 11.1 | |||
| Standard Deviation | 20.32 | |||
| Variance | 412.85 |
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 ISun
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 ISun 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 ISun will appreciate offsetting losses from the drop in the long position's value.Moving together with ISun Stock
Moving against ISun Stock
| 0.88 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.85 | DIS | Walt Disney | PairCorr |
| 0.83 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.83 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.82 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to ISun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ISun 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 ISun - 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 ISun Inc to buy it.
The correlation of ISun 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 ISun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ISun Inc 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 ISun 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in ISun Stock
If you are still planning to invest in ISun Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ISun's history and understand the potential risks before investing.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stocks Directory Find actively traded stocks across global markets |