Jetwell Computer Stock Forecast - Price Action Indicator
3147 Stock | TWD 139.50 4.50 3.33% |
Jetwell Stock Forecast is based on your current time horizon.
Jetwell |
Check Jetwell Computer Volatility | Backtest Jetwell Computer | Information Ratio |
Jetwell Computer Trading Date Momentum
On November 21 2024 Jetwell Computer Co was traded for 139.50 at the closing time. The highest price during the trading period was 146.00 and the lowest recorded bid was listed for 132.50 . The volume for the day was 1.1 M. This history from November 21, 2024 did not cause price change. The trading delta at closing time to the current price is 4.30% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Jetwell Computer to competition |
Other Forecasting Options for Jetwell Computer
For every potential investor in Jetwell, whether a beginner or expert, Jetwell Computer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jetwell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jetwell. Basic forecasting techniques help filter out the noise by identifying Jetwell Computer's price trends.Jetwell Computer 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 Jetwell Computer stock to make a market-neutral strategy. Peer analysis of Jetwell Computer could also be used in its relative valuation, which is a method of valuing Jetwell Computer by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Jetwell Computer 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 Jetwell Computer'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 Jetwell Computer's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Jetwell Computer Market Strength Events
Market strength indicators help investors to evaluate how Jetwell Computer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jetwell Computer shares will generate the highest return on investment. By undertsting and applying Jetwell Computer stock market strength indicators, traders can identify Jetwell Computer Co entry and exit signals to maximize returns.
Jetwell Computer Risk Indicators
The analysis of Jetwell Computer'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 Jetwell Computer's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jetwell 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 | 2.22 | |||
Semi Deviation | 2.26 | |||
Standard Deviation | 2.89 | |||
Variance | 8.37 | |||
Downside Variance | 6.19 | |||
Semi Variance | 5.09 | |||
Expected Short fall | (3.10) |
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 Jetwell Computer
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 Jetwell Computer 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 Jetwell Computer will appreciate offsetting losses from the drop in the long position's value.Moving against Jetwell Stock
0.64 | 0050 | YuantaP shares Taiwan | PairCorr |
0.55 | 0053 | YuantaP shares Taiwan | PairCorr |
0.55 | 0057 | Fubon MSCI Taiwan | PairCorr |
0.54 | 6763 | Green World Fintech Split | PairCorr |
0.54 | 2330 | Taiwan Semiconductor | PairCorr |
The ability to find closely correlated positions to Jetwell Computer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jetwell Computer 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 Jetwell Computer - 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 Jetwell Computer Co to buy it.
The correlation of Jetwell Computer 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 Jetwell Computer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jetwell Computer 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 Jetwell Computer 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 Jetwell Stock Analysis
When running Jetwell Computer's price analysis, check to measure Jetwell Computer'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 Jetwell Computer is operating at the current time. Most of Jetwell Computer's value examination focuses on studying past and present price action to predict the probability of Jetwell Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetwell Computer's price. Additionally, you may evaluate how the addition of Jetwell Computer to your portfolios can decrease your overall portfolio volatility.