Aniplus Stock Forecast - Relative Strength Index

310200 Stock  KRW 2,595  45.00  1.76%   
Aniplus Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aniplus stock prices and determine the direction of Aniplus's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aniplus' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Aniplus has current Relative Strength Index of 38.85.
Check Aniplus VolatilityBacktest AniplusInformation Ratio  

Aniplus Trading Date Momentum

On December 04 2024 Aniplus was traded for  2,595  at the closing time. The highest price during the trading period was 2,615  and the lowest recorded bid was listed for  2,545 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not affect price variability. The overall trading delta to the current price is 1.93% .
Compare Aniplus to competition

Other Forecasting Options for Aniplus

For every potential investor in Aniplus, whether a beginner or expert, Aniplus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aniplus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aniplus. Basic forecasting techniques help filter out the noise by identifying Aniplus' price trends.

Aniplus 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 Aniplus stock to make a market-neutral strategy. Peer analysis of Aniplus could also be used in its relative valuation, which is a method of valuing Aniplus by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Aniplus 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 Aniplus' 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 Aniplus' current price.

Aniplus Market Strength Events

Market strength indicators help investors to evaluate how Aniplus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aniplus shares will generate the highest return on investment. By undertsting and applying Aniplus stock market strength indicators, traders can identify Aniplus entry and exit signals to maximize returns.

Aniplus Risk Indicators

The analysis of Aniplus' 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 Aniplus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aniplus 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.
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 Aniplus

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 Aniplus 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 Aniplus will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aniplus Stock

  0.62225570 NH SPAC 8PairCorr

Moving against Aniplus Stock

  0.85200350 RaemongRaeinPairCorr
  0.83111710 Namhwa IndustrialPairCorr
  0.79352820 HYBEPairCorr
  0.75348030 MobirixPairCorr
  0.74317530 CarriesoftPairCorr
The ability to find closely correlated positions to Aniplus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aniplus 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 Aniplus - 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 Aniplus to buy it.
The correlation of Aniplus 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 Aniplus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aniplus 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 Aniplus 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Aniplus Stock

Aniplus financial ratios help investors to determine whether Aniplus 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 Aniplus with respect to the benefits of owning Aniplus security.