Dongil Technology Stock Forecast - Market Facilitation Index

032960 Stock  KRW 10,560  80.00  0.75%   
Dongil Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dongil Technology stock prices and determine the direction of Dongil Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dongil Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Dongil Technology has current Market Facilitation Index of 190.0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Dongil Technology Trading Date Momentum

On November 24 2024 Dongil Technology was traded for  10,560  at the closing time. The highest price during the trading period was 10,750  and the lowest recorded bid was listed for  10,560 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not affect price variability. The overall trading delta to the current price is 0.85% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Dongil Technology

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

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

Dongil Technology 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 Dongil Technology'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 Dongil Technology's current price.

Dongil Technology Market Strength Events

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

Dongil Technology Risk Indicators

The analysis of Dongil Technology'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 Dongil Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dongil 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 Dongil Technology

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 Dongil Technology 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 Dongil Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dongil Stock

  0.8078020 EBEST Investment SecPairCorr
The ability to find closely correlated positions to Dongil Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongil Technology 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 Dongil Technology - 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 Dongil Technology to buy it.
The correlation of Dongil Technology 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 Dongil Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongil Technology 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 Dongil Technology 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 Dongil Stock

Dongil Technology financial ratios help investors to determine whether Dongil 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 Dongil with respect to the benefits of owning Dongil Technology security.