Cathay Taiwan Etf Forecast - Daily Balance Of Power

00881 Etf  TWD 24.32  0.19  0.79%   
Cathay Etf Forecast is based on your current time horizon.
  
Cathay Taiwan 5G has current Daily Balance Of Power of 0.6333. Balance of Power indicator (or BOP) measures the strength of Cathay Taiwan 5G market sensitivity to bulls and bears. It estimates the ability of Cathay Taiwan buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Cathay Taiwan Balance of Power indicator one can determine a trend of the price direction.
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Cathay Taiwan Trading Date Momentum

On November 22 2024 Cathay Taiwan 5G was traded for  24.32  at the closing time. The highest price during the trading period was 24.55  and the lowest recorded bid was listed for  24.25 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.62% .
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 Cathay Taiwan

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

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

Cathay Taiwan 5G Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cathay Taiwan'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 Cathay Taiwan's current price.

Cathay Taiwan Market Strength Events

Market strength indicators help investors to evaluate how Cathay Taiwan etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Taiwan shares will generate the highest return on investment. By undertsting and applying Cathay Taiwan etf market strength indicators, traders can identify Cathay Taiwan 5G entry and exit signals to maximize returns.

Cathay Taiwan Risk Indicators

The analysis of Cathay Taiwan'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 Cathay Taiwan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cathay etf 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Cathay Etf

Cathay Taiwan financial ratios help investors to determine whether Cathay Etf 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 Cathay with respect to the benefits of owning Cathay Taiwan security.