SIGNA Sports Stock Forecast - Daily Balance Of Power
| SSUDelisted Stock | USD 2.73 0.06 2.15% |
SIGNA Stock Forecast is based on your current time horizon.
SIGNA |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2222 | 0.82 |
| Check SIGNA Sports Volatility | Backtest SIGNA Sports | Trend Details |
SIGNA Sports Trading Date Momentum
| On April 03 2023 SIGNA Sports United was traded for 3.32 at the closing time. Highest SIGNA Sports's price during the trading hours was 4.25 and the lowest price during the day was 3.27 . The net volume was 56.3 K. The overall trading history on the 3rd of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 26.87% . The trading price change to current price is 22.47% . |
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.
Compare SIGNA Sports to competition
SIGNA Sports 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 SIGNA Sports stock to make a market-neutral strategy. Peer analysis of SIGNA Sports could also be used in its relative valuation, which is a method of valuing SIGNA Sports by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SIGNA Sports Market Strength Events
Market strength indicators help investors to evaluate how SIGNA Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SIGNA Sports shares will generate the highest return on investment. By undertsting and applying SIGNA Sports stock market strength indicators, traders can identify SIGNA Sports United entry and exit signals to maximize returns.
SIGNA Sports Risk Indicators
The analysis of SIGNA Sports' 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 SIGNA Sports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting signa 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 | 3.59 | |||
| Standard Deviation | 5.05 | |||
| Variance | 25.47 |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out World Market Map 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 state. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in SIGNA Stock
If you are still planning to invest in SIGNA Sports United 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 SIGNA Sports' history and understand the potential risks before investing.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |