National Development Stock Forecast - Daily Balance Of Power
| NDBN0000 | LKR 85.10 0.70 0.83% |
National Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast National Development stock prices and determine the direction of National Development Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of National Development's historical fundamentals, such as revenue growth or operating cash flow patterns.
National |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6 | (0.36) |
| Check National Development Volatility | Backtest National Development | Trend Details |
National Development Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.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 National Development
For every potential investor in National, whether a beginner or expert, National Development's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. National Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in National. Basic forecasting techniques help filter out the noise by identifying National Development's price trends.National Development 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 National Development stock to make a market-neutral strategy. Peer analysis of National Development could also be used in its relative valuation, which is a method of valuing National Development by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
National Development Bank 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 National Development'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 National Development's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
National Development Market Strength Events
Market strength indicators help investors to evaluate how National Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Development shares will generate the highest return on investment. By undertsting and applying National Development stock market strength indicators, traders can identify National Development Bank entry and exit signals to maximize returns.
National Development Risk Indicators
The analysis of National Development'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 National Development's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national 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 | 1.28 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 | |||
| Downside Variance | 2.36 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (1.51) |
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.
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National Development financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Development security.