Century Wind Stock Forecast - Period Momentum Indicator
| 2072 Stock | TWD 260.00 21.50 9.01% |
Century Stock Forecast is based on your current time horizon.
Century |
| Check Century Wind Volatility | Backtest Century Wind | Information Ratio |
Century Wind Trading Date Momentum
| On February 05 2025 Century Wind Power was traded for 260.00 at the closing time. The highest price during the trading period was 260.00 and the lowest recorded bid was listed for 238.00 . There was no trading activity during the period 0.0. Lack of trading volume on February 5, 2025 did not affect price variability. The overall trading delta to the current price is 8.27% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Century Wind to competition
Century Wind 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 Century Wind stock to make a market-neutral strategy. Peer analysis of Century Wind could also be used in its relative valuation, which is a method of valuing Century Wind by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Century Wind Market Strength Events
Market strength indicators help investors to evaluate how Century Wind stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Century Wind shares will generate the highest return on investment. By undertsting and applying Century Wind stock market strength indicators, traders can identify Century Wind Power entry and exit signals to maximize returns.
Century Wind Risk Indicators
The analysis of Century Wind'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 Century Wind's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting century 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 | 1.27 | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.33 |
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 Century Wind
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 Century Wind 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 Century Wind will appreciate offsetting losses from the drop in the long position's value.Moving together with Century Stock
Moving against Century Stock
| 0.81 | 5536 | Acter | PairCorr |
| 0.74 | 3008 | LARGAN Precision | PairCorr |
| 0.61 | 2404 | United Integrated | PairCorr |
| 0.56 | 3034 | Novatek Microelectronics | PairCorr |
| 0.53 | 2454 | MediaTek | PairCorr |
The ability to find closely correlated positions to Century Wind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Wind 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 Century Wind - 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 Century Wind Power to buy it.
The correlation of Century Wind 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 Century Wind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Wind Power 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 Century Wind 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 Century Stock Analysis
When running Century Wind's price analysis, check to measure Century Wind'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 Century Wind is operating at the current time. Most of Century Wind's value examination focuses on studying past and present price action to predict the probability of Century Wind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Wind's price. Additionally, you may evaluate how the addition of Century Wind to your portfolios can decrease your overall portfolio volatility.