DAEDUCK ELECTRONICS Stock Forecast - Daily Balance Of Power
| 35320K Stock | 8,310 20.00 0.24% |
DAEDUCK Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DAEDUCK ELECTRONICS stock prices and determine the direction of DAEDUCK ELECTRONICS CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DAEDUCK ELECTRONICS's historical fundamentals, such as revenue growth or operating cash flow patterns.
DAEDUCK |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | (0.09) |
| Check DAEDUCK ELECTRONICS Volatility | Backtest DAEDUCK ELECTRONICS | Information Ratio |
DAEDUCK ELECTRONICS Trading Date Momentum
| On November 26 2024 DAEDUCK ELECTRONICS CoLtd was traded for 8,310 at the closing time. The highest price during the trading period was 8,370 and the lowest recorded bid was listed for 8,140 . The volume for the day was 172. This history from November 26, 2024 did not affect price variability. The overall trading delta to the current price is 0.36% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare DAEDUCK ELECTRONICS to competition |
Other Forecasting Options for DAEDUCK ELECTRONICS
For every potential investor in DAEDUCK, whether a beginner or expert, DAEDUCK ELECTRONICS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DAEDUCK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DAEDUCK. Basic forecasting techniques help filter out the noise by identifying DAEDUCK ELECTRONICS's price trends.DAEDUCK ELECTRONICS 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 DAEDUCK ELECTRONICS stock to make a market-neutral strategy. Peer analysis of DAEDUCK ELECTRONICS could also be used in its relative valuation, which is a method of valuing DAEDUCK ELECTRONICS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DAEDUCK ELECTRONICS CoLtd 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 DAEDUCK ELECTRONICS'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 DAEDUCK ELECTRONICS's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
DAEDUCK ELECTRONICS Market Strength Events
Market strength indicators help investors to evaluate how DAEDUCK ELECTRONICS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DAEDUCK ELECTRONICS shares will generate the highest return on investment. By undertsting and applying DAEDUCK ELECTRONICS stock market strength indicators, traders can identify DAEDUCK ELECTRONICS CoLtd entry and exit signals to maximize returns.
DAEDUCK ELECTRONICS Risk Indicators
The analysis of DAEDUCK ELECTRONICS'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 DAEDUCK ELECTRONICS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daeduck 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 | 0.8808 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 |
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 DAEDUCK ELECTRONICS
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 DAEDUCK ELECTRONICS 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 DAEDUCK ELECTRONICS will appreciate offsetting losses from the drop in the long position's value.Moving together with DAEDUCK Stock
Moving against DAEDUCK Stock
| 0.5 | 024110 | Industrial Bank | PairCorr |
| 0.5 | 032830 | Samsung Life | PairCorr |
| 0.49 | 105560 | KB Financial Group | PairCorr |
The ability to find closely correlated positions to DAEDUCK ELECTRONICS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DAEDUCK ELECTRONICS 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 DAEDUCK ELECTRONICS - 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 DAEDUCK ELECTRONICS CoLtd to buy it.
The correlation of DAEDUCK ELECTRONICS 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 DAEDUCK ELECTRONICS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DAEDUCK ELECTRONICS CoLtd 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 DAEDUCK ELECTRONICS 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 DAEDUCK Stock
DAEDUCK ELECTRONICS financial ratios help investors to determine whether DAEDUCK 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 DAEDUCK with respect to the benefits of owning DAEDUCK ELECTRONICS security.