SS Healthcare Stock Forecast - Price Action Indicator

4198 Stock  TWD 32.10  0.20  0.63%   
4198 Stock Forecast is based on your current time horizon.
  
SS Healthcare Holding has current Price Action Indicator of 0.55. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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SS Healthcare Trading Date Momentum

On November 29 2024 SS Healthcare Holding was traded for  32.10  at the closing time. The highest price during the trading period was 32.10  and the lowest recorded bid was listed for  31.20 . The volume for the day was 5 K. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.80% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for SS Healthcare

For every potential investor in 4198, whether a beginner or expert, SS Healthcare's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 4198 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 4198. Basic forecasting techniques help filter out the noise by identifying SS Healthcare's price trends.

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

SS Healthcare Holding 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 SS Healthcare'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 SS Healthcare's current price.

SS Healthcare Market Strength Events

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

SS Healthcare Risk Indicators

The analysis of SS Healthcare'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 SS Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 4198 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 SS Healthcare

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

Moving against 4198 Stock

  0.354126 Pacific Hospital SupplyPairCorr
The ability to find closely correlated positions to SS Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SS Healthcare 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 SS Healthcare - 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 SS Healthcare Holding to buy it.
The correlation of SS Healthcare 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 SS Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SS Healthcare Holding 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 SS Healthcare 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 4198 Stock Analysis

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