GeneFerm Biotechnology Stock Forecast - Price Action Indicator
| 1796 Stock | TWD 50.40 0.30 0.60% |
GeneFerm Stock Forecast is based on your current time horizon.
GeneFerm |
| Check GeneFerm Biotechnology Volatility | Backtest GeneFerm Biotechnology | Information Ratio |
GeneFerm Biotechnology Trading Date Momentum
| On November 27 2024 GeneFerm Biotechnology Co was traded for 50.40 at the closing time. The highest price during the trading period was 50.50 and the lowest recorded bid was listed for 50.10 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not cause price change. The overall trading delta to the current price is 0.60% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for GeneFerm Biotechnology
For every potential investor in GeneFerm, whether a beginner or expert, GeneFerm Biotechnology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GeneFerm Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GeneFerm. Basic forecasting techniques help filter out the noise by identifying GeneFerm Biotechnology's price trends.GeneFerm Biotechnology 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 GeneFerm Biotechnology stock to make a market-neutral strategy. Peer analysis of GeneFerm Biotechnology could also be used in its relative valuation, which is a method of valuing GeneFerm Biotechnology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GeneFerm Biotechnology 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 GeneFerm Biotechnology'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 GeneFerm Biotechnology's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
GeneFerm Biotechnology Market Strength Events
Market strength indicators help investors to evaluate how GeneFerm Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GeneFerm Biotechnology shares will generate the highest return on investment. By undertsting and applying GeneFerm Biotechnology stock market strength indicators, traders can identify GeneFerm Biotechnology Co entry and exit signals to maximize returns.
GeneFerm Biotechnology Risk Indicators
The analysis of GeneFerm Biotechnology'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 GeneFerm Biotechnology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting geneferm 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 | 1.35 | |||
| Semi Deviation | 1.81 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.06 | |||
| Downside Variance | 4.07 | |||
| Semi Variance | 3.28 | |||
| Expected Short fall | (1.77) |
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 GeneFerm Biotechnology
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 GeneFerm Biotechnology 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 GeneFerm Biotechnology will appreciate offsetting losses from the drop in the long position's value.Moving against GeneFerm Stock
| 0.51 | 6620 | Handa Pharmaceuticals | PairCorr |
| 0.43 | 4114 | Synmosa Biopharma | PairCorr |
| 0.34 | 6785 | Alar Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to GeneFerm Biotechnology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GeneFerm Biotechnology 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 GeneFerm Biotechnology - 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 GeneFerm Biotechnology Co to buy it.
The correlation of GeneFerm Biotechnology 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 GeneFerm Biotechnology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GeneFerm Biotechnology 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 GeneFerm Biotechnology 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.Additional Tools for GeneFerm Stock Analysis
When running GeneFerm Biotechnology's price analysis, check to measure GeneFerm Biotechnology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GeneFerm Biotechnology is operating at the current time. Most of GeneFerm Biotechnology's value examination focuses on studying past and present price action to predict the probability of GeneFerm Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeneFerm Biotechnology's price. Additionally, you may evaluate how the addition of GeneFerm Biotechnology to your portfolios can decrease your overall portfolio volatility.