Kakao Games Stock Forecast - Day Typical Price
| 293490 Stock | 17,180 150.00 0.88% |
Kakao Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kakao Games stock prices and determine the direction of Kakao Games Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kakao Games' historical fundamentals, such as revenue growth or operating cash flow patterns.
Kakao |
| Previous Day Typical Price | Day Typical Price | Trend |
| 17056.67 | 17056.67 |
| Check Kakao Games Volatility | Backtest Kakao Games | Information Ratio |
Kakao Games Trading Date Momentum
| On November 27 2024 Kakao Games Corp was traded for 17,180 at the closing time. The highest price during the trading period was 17,180 and the lowest recorded bid was listed for 16,810 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not cause price change. The trading delta at closing time to the current price is 1.11% . |
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.
| Compare Kakao Games to competition |
Other Forecasting Options for Kakao Games
For every potential investor in Kakao, whether a beginner or expert, Kakao Games' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kakao Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kakao. Basic forecasting techniques help filter out the noise by identifying Kakao Games' price trends.Kakao Games 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 Kakao Games stock to make a market-neutral strategy. Peer analysis of Kakao Games could also be used in its relative valuation, which is a method of valuing Kakao Games by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kakao Games Corp 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 Kakao Games' 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 Kakao Games' current price.| Cycle Indicators | ||
| Math Operators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Kakao Games Market Strength Events
Market strength indicators help investors to evaluate how Kakao Games stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kakao Games shares will generate the highest return on investment. By undertsting and applying Kakao Games stock market strength indicators, traders can identify Kakao Games Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0215 | |||
| Daily Balance Of Power | 0.4054 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 16995.0 | |||
| Day Typical Price | 17056.67 | |||
| Market Facilitation Index | 370.0 | |||
| Price Action Indicator | 260.0 | |||
| Period Momentum Indicator | 150.0 | |||
| Relative Strength Index | 69.96 |
Kakao Games Risk Indicators
The analysis of Kakao Games' 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 Kakao Games' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kakao 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 | 1.97 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.28 | |||
| Downside Variance | 5.81 | |||
| Semi Variance | 5.11 | |||
| Expected Short fall | (2.20) |
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 Kakao Games
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 Kakao Games 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 Kakao Games will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kakao Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kakao Games 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 Kakao Games - 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 Kakao Games Corp to buy it.
The correlation of Kakao Games 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 Kakao Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kakao Games Corp 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 Kakao Games 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 Kakao Stock
Kakao Games financial ratios help investors to determine whether Kakao 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 Kakao with respect to the benefits of owning Kakao Games security.