Kofola CeskoSlovensko Stock Forecast - Relative Strength Index
| KOFOL Stock | 385.00 1.00 0.26% |
Kofola Stock Forecast is based on your current time horizon.
Kofola |
| Check Kofola CeskoSlovensko Volatility | Backtest Kofola CeskoSlovensko | Trend Details |
Kofola CeskoSlovensko Trading Date Momentum
| On November 29 2024 Kofola CeskoSlovensko as was traded for 380.00 at the closing time. The highest price during the trading period was 380.00 and the lowest recorded bid was listed for 377.00 . The volume for the day was 1.1 K. This history from November 29, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.80% . The trading delta at closing time to the current price is 1.33% . |
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Other Forecasting Options for Kofola CeskoSlovensko
For every potential investor in Kofola, whether a beginner or expert, Kofola CeskoSlovensko's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kofola Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kofola. Basic forecasting techniques help filter out the noise by identifying Kofola CeskoSlovensko's price trends.Kofola CeskoSlovensko 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 Kofola CeskoSlovensko stock to make a market-neutral strategy. Peer analysis of Kofola CeskoSlovensko could also be used in its relative valuation, which is a method of valuing Kofola CeskoSlovensko by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kofola CeskoSlovensko 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 Kofola CeskoSlovensko'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 Kofola CeskoSlovensko's current price.| Cycle Indicators | ||
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Kofola CeskoSlovensko Market Strength Events
Market strength indicators help investors to evaluate how Kofola CeskoSlovensko stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kofola CeskoSlovensko shares will generate the highest return on investment. By undertsting and applying Kofola CeskoSlovensko stock market strength indicators, traders can identify Kofola CeskoSlovensko as entry and exit signals to maximize returns.
Kofola CeskoSlovensko Risk Indicators
The analysis of Kofola CeskoSlovensko'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 Kofola CeskoSlovensko's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kofola 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 | 0.7206 | |||
| Semi Deviation | 0.8097 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.19 | |||
| Downside Variance | 1.45 | |||
| Semi Variance | 0.6557 | |||
| Expected Short fall | (0.94) |
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 Kofola CeskoSlovensko
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 Kofola CeskoSlovensko 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 Kofola CeskoSlovensko will appreciate offsetting losses from the drop in the long position's value.Moving together with Kofola Stock
Moving against Kofola Stock
| 0.86 | FIXED | FIXEDzone as | PairCorr |
| 0.82 | COLOS | Coloseum Holding | PairCorr |
| 0.81 | KLIKY | MT 1997 AS | PairCorr |
| 0.7 | BEZVA | Bezvavlasy as | PairCorr |
| 0.47 | PRAB | Prabos Plus as | PairCorr |
The ability to find closely correlated positions to Kofola CeskoSlovensko could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kofola CeskoSlovensko 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 Kofola CeskoSlovensko - 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 Kofola CeskoSlovensko as to buy it.
The correlation of Kofola CeskoSlovensko 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 Kofola CeskoSlovensko moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kofola CeskoSlovensko 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 Kofola CeskoSlovensko 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 Kofola Stock Analysis
When running Kofola CeskoSlovensko's price analysis, check to measure Kofola CeskoSlovensko'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 Kofola CeskoSlovensko is operating at the current time. Most of Kofola CeskoSlovensko's value examination focuses on studying past and present price action to predict the probability of Kofola CeskoSlovensko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kofola CeskoSlovensko's price. Additionally, you may evaluate how the addition of Kofola CeskoSlovensko to your portfolios can decrease your overall portfolio volatility.