Jia Jie Stock Forecast - Market Facilitation Index

4109 Stock  TWD 24.40  0.05  0.21%   
Jia Stock Forecast is based on your current time horizon.
  
Jia Jie Biomedical has current Market Facilitation Index of 0.35. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
Check Jia Jie VolatilityBacktest Jia JieInformation Ratio  

Jia Jie Trading Date Momentum

On November 24 2024 Jia Jie Biomedical was traded for  24.40  at the closing time. The highest price during the trading period was 24.75  and the lowest recorded bid was listed for  24.40 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time to the current price is 1.23% .
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 Jia Jie

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

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

Jia Jie Biomedical 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 Jia Jie'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 Jia Jie's current price.

Jia Jie Market Strength Events

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

Jia Jie Risk Indicators

The analysis of Jia Jie'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 Jia Jie's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jia 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 Jia Jie

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

Moving together with Jia Stock

  0.781229 Lien Hwa IndustrialPairCorr
  0.621227 Standard Foods CorpPairCorr

Moving against Jia Stock

  0.781231 Lian Hwa FoodsPairCorr
  0.751235 Shin Tai Industry SplitPairCorr
  0.69910322 Tingyi Holding CorpPairCorr
  0.670057 Fubon MSCI TaiwanPairCorr
  0.620050 YuantaP shares TaiwanPairCorr
The ability to find closely correlated positions to Jia Jie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jia Jie 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 Jia Jie - 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 Jia Jie Biomedical to buy it.
The correlation of Jia Jie 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 Jia Jie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jia Jie Biomedical 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 Jia Jie 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

Additional Tools for Jia Stock Analysis

When running Jia Jie's price analysis, check to measure Jia Jie'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 Jia Jie is operating at the current time. Most of Jia Jie's value examination focuses on studying past and present price action to predict the probability of Jia Jie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jia Jie's price. Additionally, you may evaluate how the addition of Jia Jie to your portfolios can decrease your overall portfolio volatility.