Hankukpackage Stock Forecast - Price Action Indicator
037230 Stock | KRW 1,854 6.00 0.32% |
Hankukpackage Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hankukpackage stock prices and determine the direction of Hankukpackage Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hankukpackage's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hankukpackage |
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Hankukpackage Trading Date Momentum
On November 27 2024 Hankukpackage Co was traded for 1,854 at the closing time. The highest price during the trading period was 1,870 and the lowest recorded bid was listed for 1,829 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not cause price change. The trading delta at closing time to the current price is 0.32% . |
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 Hankukpackage
For every potential investor in Hankukpackage, whether a beginner or expert, Hankukpackage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hankukpackage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hankukpackage. Basic forecasting techniques help filter out the noise by identifying Hankukpackage's price trends.Hankukpackage 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 Hankukpackage stock to make a market-neutral strategy. Peer analysis of Hankukpackage could also be used in its relative valuation, which is a method of valuing Hankukpackage by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Hankukpackage 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 Hankukpackage'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 Hankukpackage's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Hankukpackage Market Strength Events
Market strength indicators help investors to evaluate how Hankukpackage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hankukpackage shares will generate the highest return on investment. By undertsting and applying Hankukpackage stock market strength indicators, traders can identify Hankukpackage Co entry and exit signals to maximize returns.
Hankukpackage Risk Indicators
The analysis of Hankukpackage'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 Hankukpackage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hankukpackage 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 | 0.5601 | |||
Standard Deviation | 0.9853 | |||
Variance | 0.9709 |
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 Hankukpackage
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 Hankukpackage 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 Hankukpackage will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hankukpackage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hankukpackage 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 Hankukpackage - 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 Hankukpackage Co to buy it.
The correlation of Hankukpackage 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 Hankukpackage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hankukpackage 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 Hankukpackage 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 Hankukpackage Stock
Hankukpackage financial ratios help investors to determine whether Hankukpackage 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 Hankukpackage with respect to the benefits of owning Hankukpackage security.