CJ CheilJedang Stock Forecast - Period Momentum Indicator
| 097955 Stock | 132,500 300.00 0.23% |
097955 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CJ CheilJedang stock prices and determine the direction of CJ CheilJedang Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CJ CheilJedang's historical fundamentals, such as revenue growth or operating cash flow patterns.
097955 |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| 100.0 | 300.0 |
| Check CJ CheilJedang Volatility | Backtest CJ CheilJedang | Information Ratio |
CJ CheilJedang Trading Date Momentum
| On November 26 2024 CJ CheilJedang Corp was traded for 132,500 at the closing time. The highest price during the trading period was 134,000 and the lowest recorded bid was listed for 131,400 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta to the current price is 0.08% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare CJ CheilJedang to competition |
Other Forecasting Options for CJ CheilJedang
For every potential investor in 097955, whether a beginner or expert, CJ CheilJedang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 097955 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 097955. Basic forecasting techniques help filter out the noise by identifying CJ CheilJedang's price trends.CJ CheilJedang 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 CJ CheilJedang stock to make a market-neutral strategy. Peer analysis of CJ CheilJedang could also be used in its relative valuation, which is a method of valuing CJ CheilJedang by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CJ CheilJedang Corp 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 CJ CheilJedang'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 CJ CheilJedang's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
CJ CheilJedang Market Strength Events
Market strength indicators help investors to evaluate how CJ CheilJedang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CJ CheilJedang shares will generate the highest return on investment. By undertsting and applying CJ CheilJedang stock market strength indicators, traders can identify CJ CheilJedang Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0194 | |||
| Daily Balance Of Power | 0.1154 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 132700.0 | |||
| Day Typical Price | 132633.0 | |||
| Market Facilitation Index | 2600.0 | |||
| Price Action Indicator | (50.00) | |||
| Period Momentum Indicator | 300.0 |
CJ CheilJedang Risk Indicators
The analysis of CJ CheilJedang'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 CJ CheilJedang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 097955 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 | 0.9807 | |||
| Standard Deviation | 1.26 | |||
| Variance | 1.58 |
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 CJ CheilJedang
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 CJ CheilJedang 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 CJ CheilJedang will appreciate offsetting losses from the drop in the long position's value.Moving together with 097955 Stock
The ability to find closely correlated positions to CJ CheilJedang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CJ CheilJedang 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 CJ CheilJedang - 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 CJ CheilJedang Corp to buy it.
The correlation of CJ CheilJedang 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 CJ CheilJedang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CJ CheilJedang Corp 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 CJ CheilJedang 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 097955 Stock
CJ CheilJedang financial ratios help investors to determine whether 097955 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 097955 with respect to the benefits of owning CJ CheilJedang security.