Seoam Machinery Stock Forecast - Daily Balance Of Power
| 100660 Stock | KRW 4,020 10.00 0.25% |
Seoam Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Seoam Machinery stock prices and determine the direction of Seoam Machinery Industry's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Seoam Machinery's historical fundamentals, such as revenue growth or operating cash flow patterns.
Seoam |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2667 | 0.1333 |
| Check Seoam Machinery Volatility | Backtest Seoam Machinery | Information Ratio |
Seoam Machinery Trading Date Momentum
| On November 27 2024 Seoam Machinery Industry was traded for 4,020 at the closing time. The highest price during the trading period was 4,035 and the lowest recorded bid was listed for 3,960 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.50% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Seoam Machinery to competition |
Other Forecasting Options for Seoam Machinery
For every potential investor in Seoam, whether a beginner or expert, Seoam Machinery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Seoam Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Seoam. Basic forecasting techniques help filter out the noise by identifying Seoam Machinery's price trends.Seoam Machinery 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 Seoam Machinery stock to make a market-neutral strategy. Peer analysis of Seoam Machinery could also be used in its relative valuation, which is a method of valuing Seoam Machinery by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Seoam Machinery Industry 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 Seoam Machinery'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 Seoam Machinery's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Seoam Machinery Market Strength Events
Market strength indicators help investors to evaluate how Seoam Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seoam Machinery shares will generate the highest return on investment. By undertsting and applying Seoam Machinery stock market strength indicators, traders can identify Seoam Machinery Industry entry and exit signals to maximize returns.
Seoam Machinery Risk Indicators
The analysis of Seoam Machinery'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 Seoam Machinery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seoam 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 | 1.9 | |||
| Semi Deviation | 2.21 | |||
| Standard Deviation | 3.14 | |||
| Variance | 9.89 | |||
| Downside Variance | 5.35 | |||
| Semi Variance | 4.9 | |||
| Expected Short fall | (2.25) |
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 Seoam Machinery
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 Seoam Machinery 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 Seoam Machinery will appreciate offsetting losses from the drop in the long position's value.Moving against Seoam Stock
The ability to find closely correlated positions to Seoam Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seoam Machinery 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 Seoam Machinery - 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 Seoam Machinery Industry to buy it.
The correlation of Seoam Machinery 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 Seoam Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seoam Machinery Industry 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 Seoam Machinery 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 Seoam Stock
Seoam Machinery financial ratios help investors to determine whether Seoam 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 Seoam with respect to the benefits of owning Seoam Machinery security.