VEON Stock Forecast - Daily Balance Of Power
| VEON Stock | EUR 1.19 0.01 0.83% |
VEON Stock Forecast is based on your current time horizon.
VEON |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | (1.00) |
| Check VEON Volatility | Backtest VEON | Trend Details |
VEON Trading Date Momentum
| On October 24 2023 VEON was traded for 0.62 at the closing time. The highest price during the trading period was 0.65 and the lowest recorded bid was listed for 0.61 . The volume for the day was 19 K. This history from October 24, 2023 did not result in any price rise and fall. The trading price change to the current price is 4.84% . |
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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VEON 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 VEON stock to make a market-neutral strategy. Peer analysis of VEON could also be used in its relative valuation, which is a method of valuing VEON by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VEON Market Strength Events
Market strength indicators help investors to evaluate how VEON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VEON shares will generate the highest return on investment. By undertsting and applying VEON stock market strength indicators, traders can identify VEON entry and exit signals to maximize returns.
VEON Risk Indicators
The analysis of VEON'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 VEON's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting veon 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 | 1.95 | |||
| Semi Deviation | 2.19 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.35 | |||
| Downside Variance | 7.9 | |||
| Semi Variance | 4.8 | |||
| Expected Short fall | (2.61) |
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 VEON Stock Analysis
When running VEON's price analysis, check to measure VEON'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 VEON is operating at the current time. Most of VEON's value examination focuses on studying past and present price action to predict the probability of VEON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VEON's price. Additionally, you may evaluate how the addition of VEON to your portfolios can decrease your overall portfolio volatility.