UNIQA Insurance Stock Forecast - Daily Balance Of Power

UQA Stock  CZK 194.00  1.50  0.77%   
UNIQA Stock Forecast is based on your current time horizon.
  
On October 24, 2024 UNIQA Insurance Group had Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of UNIQA Insurance Group market sensitivity to bulls and bears. It estimates the ability of UNIQA Insurance buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring UNIQA Insurance Balance of Power indicator one can determine a trend of the price direction.
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UNIQA Insurance Trading Date Momentum

On October 25 2024 UNIQA Insurance Group was traded for  184.00  at the closing time. The maximum traded price for the trading interval was 184.50  and the lowest daily price was  184.00 . The daily volume was recorded at 125. The volume of trading on 25th of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.49% . The trading price change to the closing price today is 0.05% .
JavaScript chart by amCharts 3.21.1510/24/2024Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28Oct 29184.0184.5185.0185.5186.0186.5187.0
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 UNIQA Insurance

For every potential investor in UNIQA, whether a beginner or expert, UNIQA Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UNIQA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UNIQA. Basic forecasting techniques help filter out the noise by identifying UNIQA Insurance's price trends.

UNIQA Insurance 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 UNIQA Insurance stock to make a market-neutral strategy. Peer analysis of UNIQA Insurance could also be used in its relative valuation, which is a method of valuing UNIQA Insurance by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

UNIQA Insurance Group 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 UNIQA Insurance'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 UNIQA Insurance's current price.

UNIQA Insurance Market Strength Events

Market strength indicators help investors to evaluate how UNIQA Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNIQA Insurance shares will generate the highest return on investment. By undertsting and applying UNIQA Insurance stock market strength indicators, traders can identify UNIQA Insurance Group entry and exit signals to maximize returns.

UNIQA Insurance Risk Indicators

The analysis of UNIQA Insurance'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 UNIQA Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting uniqa 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.
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 UNIQA Insurance

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 UNIQA Insurance 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 UNIQA Insurance will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to UNIQA Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UNIQA Insurance 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 UNIQA Insurance - 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 UNIQA Insurance Group to buy it.
The correlation of UNIQA Insurance 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 UNIQA Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UNIQA Insurance Group 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 UNIQA Insurance 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.
Pair CorrelationCorrelation Matching

Additional Tools for UNIQA Stock Analysis

When running UNIQA Insurance's price analysis, check to measure UNIQA Insurance'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 UNIQA Insurance is operating at the current time. Most of UNIQA Insurance's value examination focuses on studying past and present price action to predict the probability of UNIQA Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNIQA Insurance's price. Additionally, you may evaluate how the addition of UNIQA Insurance to your portfolios can decrease your overall portfolio volatility.