Vista Outdoor Stock Forecast - Daily Balance Of Power
| VSTODelisted Stock | USD 44.63 0.03 0.07% |
Vista Stock Forecast is based on your current time horizon.
Vista |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.30) | 0.7097 |
| Check Vista Outdoor Volatility | Backtest Vista Outdoor | Trend Details |
Vista Outdoor Trading Date Momentum
| On December 29 2023 Vista Outdoor was traded for 29.57 at the closing time. The top price for the day was 30.02 and the lowest listed price was 29.57 . The trading volume for the day was 394.6 K. The trading history from December 29, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.00% . The trading price change against the current closing price is 2.01% . |
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 Vista Outdoor to competition |
Other Forecasting Options for Vista Outdoor
For every potential investor in Vista, whether a beginner or expert, Vista Outdoor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Vista Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Vista. Basic forecasting techniques help filter out the noise by identifying Vista Outdoor's price trends.Vista Outdoor 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 Vista Outdoor stock to make a market-neutral strategy. Peer analysis of Vista Outdoor could also be used in its relative valuation, which is a method of valuing Vista Outdoor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vista Outdoor 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 Vista Outdoor'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 Vista Outdoor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Vista Outdoor Market Strength Events
Market strength indicators help investors to evaluate how Vista Outdoor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vista Outdoor shares will generate the highest return on investment. By undertsting and applying Vista Outdoor stock market strength indicators, traders can identify Vista Outdoor entry and exit signals to maximize returns.
Vista Outdoor Risk Indicators
The analysis of Vista Outdoor'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 Vista Outdoor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vista 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 | 0.7347 | |||
| Semi Deviation | 0.508 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Downside Variance | 0.6957 | |||
| Semi Variance | 0.258 | |||
| Expected Short fall | (0.95) |
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 Vista Outdoor
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 Vista Outdoor 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 Vista Outdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Vista Stock
Moving against Vista Stock
| 0.75 | DSHK | Drive Shack | PairCorr |
| 0.75 | GDHG | Golden Heaven Group | PairCorr |
| 0.74 | JOUT | Johnson Outdoors Earnings Call This Week | PairCorr |
| 0.69 | YYAI | Connexa Sports Techn Symbol Change | PairCorr |
| 0.65 | DTC | Solo Brands | PairCorr |
The ability to find closely correlated positions to Vista Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Outdoor 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 Vista Outdoor - 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 Vista Outdoor to buy it.
The correlation of Vista Outdoor 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 Vista Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Outdoor 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 Vista Outdoor 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.Check out Historical Fundamental Analysis of Vista Outdoor to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Vista Stock
If you are still planning to invest in Vista Outdoor 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 Vista Outdoor's history and understand the potential risks before investing.
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