Novatek Microelectronics Stock Forecast - Market Facilitation Index
3034 Stock | TWD 483.50 2.50 0.52% |
Novatek Stock Forecast is based on your current time horizon.
Novatek |
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Novatek Microelectronics Trading Date Momentum
On November 22 2024 Novatek Microelectronics Corp was traded for 483.50 at the closing time. The highest price during the trading period was 490.00 and the lowest recorded bid was listed for 481.50 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.41% . |
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.
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Other Forecasting Options for Novatek Microelectronics
For every potential investor in Novatek, whether a beginner or expert, Novatek Microelectronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Novatek Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Novatek. Basic forecasting techniques help filter out the noise by identifying Novatek Microelectronics' price trends.Novatek Microelectronics 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 Novatek Microelectronics stock to make a market-neutral strategy. Peer analysis of Novatek Microelectronics could also be used in its relative valuation, which is a method of valuing Novatek Microelectronics by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Novatek Microelectronics 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 Novatek Microelectronics' 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 Novatek Microelectronics' current price.Cycle Indicators | ||
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Novatek Microelectronics Market Strength Events
Market strength indicators help investors to evaluate how Novatek Microelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novatek Microelectronics shares will generate the highest return on investment. By undertsting and applying Novatek Microelectronics stock market strength indicators, traders can identify Novatek Microelectronics Corp entry and exit signals to maximize returns.
Novatek Microelectronics Risk Indicators
The analysis of Novatek Microelectronics' 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 Novatek Microelectronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novatek 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 | 1.11 | |||
Standard Deviation | 1.5 | |||
Variance | 2.25 |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Novatek Stock Analysis
When running Novatek Microelectronics' price analysis, check to measure Novatek Microelectronics' 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 Novatek Microelectronics is operating at the current time. Most of Novatek Microelectronics' value examination focuses on studying past and present price action to predict the probability of Novatek Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatek Microelectronics' price. Additionally, you may evaluate how the addition of Novatek Microelectronics to your portfolios can decrease your overall portfolio volatility.