SK GROWTH Stock Forecast - Daily Balance Of Power
| SKGRU Stock | USD 11.42 0.12 1.04% |
SKGRU Stock Forecast is based on your current time horizon.
SKGRU |
| Check SK GROWTH Volatility | Backtest SK GROWTH | Trend Details |
SK GROWTH Trading Date Momentum
| On January 23 2024 SK GROWTH OPPORTUNITIES was traded for 11.08 at the closing time. The highest daily price throughout the period was 11.10 and the lowest price was 10.96 . The daily volume was 4.2 K. The net trading volume on 01/23/2024 added to the next day price appreciation. The trading price change to closing price of the next trading day was 0.82% . The trading price change to current closing price is 0.36% . |
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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SK GROWTH 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 SK GROWTH stock to make a market-neutral strategy. Peer analysis of SK GROWTH could also be used in its relative valuation, which is a method of valuing SK GROWTH by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SK GROWTH Market Strength Events
Market strength indicators help investors to evaluate how SK GROWTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SK GROWTH shares will generate the highest return on investment. By undertsting and applying SK GROWTH stock market strength indicators, traders can identify SK GROWTH OPPORTUNITIES entry and exit signals to maximize returns.
SK GROWTH Risk Indicators
The analysis of SK GROWTH'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 SK GROWTH's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skgru 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 | 0.7409 | |||
| Semi Deviation | 1.27 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.3 | |||
| Downside Variance | 4.7 | |||
| Semi Variance | 1.61 | |||
| Expected Short fall | (1.49) |
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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Additional Tools for SKGRU Stock Analysis
When running SK GROWTH's price analysis, check to measure SK GROWTH'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 SK GROWTH is operating at the current time. Most of SK GROWTH's value examination focuses on studying past and present price action to predict the probability of SK GROWTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK GROWTH's price. Additionally, you may evaluate how the addition of SK GROWTH to your portfolios can decrease your overall portfolio volatility.