Young Poong Stock Forecast - Day Median Price
| 036560 Stock | 14,570 310.00 2.08% |
Young Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Young Poong stock prices and determine the direction of Young Poong Precision's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Young Poong's historical fundamentals, such as revenue growth or operating cash flow patterns.
Young |
| Previous Day Median Price | Day Median Price | Trend |
| 14810.0 | 14810.0 |
| Check Young Poong Volatility | Backtest Young Poong | Information Ratio |
Young Poong Trading Date Momentum
| On November 23 2024 Young Poong Precision was traded for 14,570 at the closing time. The highest price during the trading period was 15,060 and the lowest recorded bid was listed for 14,560 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 2.26% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Young Poong
For every potential investor in Young, whether a beginner or expert, Young Poong's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Young Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Young. Basic forecasting techniques help filter out the noise by identifying Young Poong's price trends.Young Poong 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 Young Poong stock to make a market-neutral strategy. Peer analysis of Young Poong could also be used in its relative valuation, which is a method of valuing Young Poong by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Young Poong Precision 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 Young Poong'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 Young Poong's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Young Poong Market Strength Events
Market strength indicators help investors to evaluate how Young Poong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Young Poong shares will generate the highest return on investment. By undertsting and applying Young Poong stock market strength indicators, traders can identify Young Poong Precision entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0332 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 14810.0 | |||
| Day Typical Price | 14730.0 | |||
| Market Facilitation Index | 500.0 | |||
| Price Action Indicator | (395.00) | |||
| Period Momentum Indicator | (310.00) | |||
| Relative Strength Index | 43.87 |
Young Poong Risk Indicators
The analysis of Young Poong'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 Young Poong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting young 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 | 5.76 | |||
| Semi Deviation | 5.98 | |||
| Standard Deviation | 9.8 | |||
| Variance | 96.13 | |||
| Downside Variance | 50.18 | |||
| Semi Variance | 35.73 | |||
| Expected Short fall | (7.08) |
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 Young Poong
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 Young Poong 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 Young Poong will appreciate offsetting losses from the drop in the long position's value.Moving against Young Stock
The ability to find closely correlated positions to Young Poong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Young Poong 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 Young Poong - 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 Young Poong Precision to buy it.
The correlation of Young Poong 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 Young Poong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Young Poong Precision 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 Young Poong 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.Other Information on Investing in Young Stock
Young Poong financial ratios help investors to determine whether Young 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 Young with respect to the benefits of owning Young Poong security.