Younglimwon Soft Stock Forecast - Day Typical Price

060850 Stock  KRW 6,690  20.00  0.30%   
Younglimwon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Younglimwon Soft stock prices and determine the direction of Younglimwon Soft Lab's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Younglimwon Soft's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Younglimwon Soft Lab has current Day Typical Price of 6666.67. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check Younglimwon Soft VolatilityBacktest Younglimwon SoftInformation Ratio  

Younglimwon Soft Trading Date Momentum

On November 29 2024 Younglimwon Soft Lab was traded for  6,690  at the closing time. The highest price during the trading period was 6,710  and the lowest recorded bid was listed for  6,600 . The volume for the day was 611. This history from November 29, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.30% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Younglimwon Soft to competition

Other Forecasting Options for Younglimwon Soft

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

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

Younglimwon Soft Lab 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 Younglimwon Soft'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 Younglimwon Soft's current price.

Younglimwon Soft Market Strength Events

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

Younglimwon Soft Risk Indicators

The analysis of Younglimwon Soft'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 Younglimwon Soft's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting younglimwon 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 Younglimwon Soft

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 Younglimwon Soft 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 Younglimwon Soft will appreciate offsetting losses from the drop in the long position's value.

Moving together with Younglimwon Stock

  0.63301300 VAIVPairCorr
  0.8303530 InnodepPairCorr
  0.73065370 WISE iTechPairCorr

Moving against Younglimwon Stock

  0.8138580 BusinessOn CommunicationPairCorr
  0.66203650 Dream Security coPairCorr
The ability to find closely correlated positions to Younglimwon Soft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Younglimwon Soft 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 Younglimwon Soft - 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 Younglimwon Soft Lab to buy it.
The correlation of Younglimwon Soft 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 Younglimwon Soft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Younglimwon Soft Lab 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 Younglimwon Soft 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 Younglimwon Stock

Younglimwon Soft financial ratios help investors to determine whether Younglimwon 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 Younglimwon with respect to the benefits of owning Younglimwon Soft security.