PI Advanced Stock Forecast - Market Facilitation Index
178920 Stock | KRW 17,380 40.00 0.23% |
178920 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PI Advanced stock prices and determine the direction of PI Advanced Materials's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PI Advanced's historical fundamentals, such as revenue growth or operating cash flow patterns.
178920 |
Previous Market Facilitation Index | Market Facilitation Index | Trend |
0.0051 | 470.0 |
Check PI Advanced Volatility | Backtest PI Advanced | Information Ratio |
PI Advanced Trading Date Momentum
On November 23 2024 PI Advanced Materials was traded for 17,380 at the closing time. The highest price during the trading period was 17,800 and the lowest recorded bid was listed for 17,330 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not cause price change. The trading delta at closing time to the current price is 1.27% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare PI Advanced to competition |
Other Forecasting Options for PI Advanced
For every potential investor in 178920, whether a beginner or expert, PI Advanced's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 178920 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 178920. Basic forecasting techniques help filter out the noise by identifying PI Advanced's price trends.PI Advanced 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 PI Advanced stock to make a market-neutral strategy. Peer analysis of PI Advanced could also be used in its relative valuation, which is a method of valuing PI Advanced by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
PI Advanced Materials 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 PI Advanced'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 PI Advanced's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
PI Advanced Market Strength Events
Market strength indicators help investors to evaluate how PI Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PI Advanced shares will generate the highest return on investment. By undertsting and applying PI Advanced stock market strength indicators, traders can identify PI Advanced Materials entry and exit signals to maximize returns.
Accumulation Distribution | 0.0264 | |||
Daily Balance Of Power | (0.09) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 17565.0 | |||
Day Typical Price | 17503.33 | |||
Market Facilitation Index | 470.0 | |||
Price Action Indicator | (205.00) | |||
Period Momentum Indicator | (40.00) | |||
Relative Strength Index | 13.4 |
PI Advanced Risk Indicators
The analysis of PI Advanced'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 PI Advanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 178920 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 | 2.38 | |||
Standard Deviation | 3.36 | |||
Variance | 11.27 |
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 PI Advanced
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 PI Advanced 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 PI Advanced will appreciate offsetting losses from the drop in the long position's value.Moving together with 178920 Stock
Moving against 178920 Stock
The ability to find closely correlated positions to PI Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PI Advanced 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 PI Advanced - 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 PI Advanced Materials to buy it.
The correlation of PI Advanced 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 PI Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PI Advanced Materials 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 PI Advanced 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 178920 Stock
PI Advanced financial ratios help investors to determine whether 178920 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 178920 with respect to the benefits of owning PI Advanced security.