Samyung Trading Stock Forecast - Price Action Indicator

002810 Stock   13,000  120.00  0.93%   
Samyung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Samyung Trading stock prices and determine the direction of Samyung Trading Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Samyung Trading's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Samyung Trading Co has current Price Action Indicator of 80.0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Samyung Trading Trading Date Momentum

On November 26 2024 Samyung Trading Co was traded for  13,000  at the closing time. The highest price during the trading period was 13,100  and the lowest recorded bid was listed for  12,860 . The volume for the day was 10.3 K. This history from November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.85% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Samyung Trading

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

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

Samyung Trading 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 Samyung Trading'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 Samyung Trading's current price.

Samyung Trading Market Strength Events

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

Samyung Trading Risk Indicators

The analysis of Samyung Trading'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 Samyung Trading's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting samyung 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 Samyung Trading

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 Samyung Trading 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 Samyung Trading will appreciate offsetting losses from the drop in the long position's value.

Moving against Samyung Stock

  0.57203650 Dream Security coPairCorr
The ability to find closely correlated positions to Samyung Trading could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samyung Trading 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 Samyung Trading - 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 Samyung Trading Co to buy it.
The correlation of Samyung Trading 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 Samyung Trading moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samyung Trading 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 Samyung Trading 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

Other Information on Investing in Samyung Stock

Samyung Trading financial ratios help investors to determine whether Samyung 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 Samyung with respect to the benefits of owning Samyung Trading security.