Kolon Life Stock Forecast - Day Typical Price

102940 Stock  KRW 17,850  150.00  0.83%   
Kolon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kolon Life stock prices and determine the direction of Kolon Life Science's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kolon Life's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Kolon Life Science has current Day Typical Price of 17866.67. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Kolon Life Trading Date Momentum

On November 26 2024 Kolon Life Science was traded for  17,850  at the closing time. The highest price during the trading period was 18,150  and the lowest recorded bid was listed for  17,600 . The volume for the day was 5.4 K. This history from November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 1.68% .
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.
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Other Forecasting Options for Kolon Life

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

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

Kolon Life Science 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 Kolon Life'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 Kolon Life's current price.

Kolon Life Market Strength Events

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

Kolon Life Risk Indicators

The analysis of Kolon Life'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 Kolon Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kolon 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 Kolon Life

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 Kolon Life 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 Kolon Life will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kolon Stock

  0.83074430 Aminologics CoLtdPairCorr
  0.7023910 Daihan PharmaceuticalPairCorr
The ability to find closely correlated positions to Kolon Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kolon Life 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 Kolon Life - 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 Kolon Life Science to buy it.
The correlation of Kolon Life 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 Kolon Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kolon Life Science 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 Kolon Life 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 Kolon Stock

Kolon Life financial ratios help investors to determine whether Kolon 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 Kolon with respect to the benefits of owning Kolon Life security.