Wijaya Karya Stock Forecast - Daily Balance Of Power

WIKA Stock  IDR 288.00  2.00  0.69%   
Wijaya Stock Forecast is based on your current time horizon.
  
On October 18, 2024 Wijaya Karya Beton had Daily Balance Of Power of (0.33). Balance of Power indicator (or BOP) measures the strength of Wijaya Karya Beton market sensitivity to bulls and bears. It estimates the ability of Wijaya Karya buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Wijaya Karya Balance of Power indicator one can determine a trend of the price direction.
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Wijaya Karya Trading Date Momentum

On October 21 2024 Wijaya Karya Beton was traded for  398.00  at the closing time. The highest price during the trading period was 420.00  and the lowest recorded bid was listed for  396.00 . The volume for the day was 80.2 M. This history from October 21, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.40% . The trading price change to the current price is 6.31% .
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 Wijaya Karya

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

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

Wijaya Karya Beton 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 Wijaya Karya'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 Wijaya Karya's current price.

Wijaya Karya Market Strength Events

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

Wijaya Karya Risk Indicators

The analysis of Wijaya Karya'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 Wijaya Karya's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wijaya 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.

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Other Information on Investing in Wijaya Stock

Wijaya Karya financial ratios help investors to determine whether Wijaya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wijaya with respect to the benefits of owning Wijaya Karya security.