Koge Micro Stock Forecast - Daily Balance Of Power

4568 Stock  TWD 50.60  0.10  0.20%   
Koge Stock Forecast is based on your current time horizon.
  
Koge Micro Tech has current Daily Balance Of Power of (1.00). Balance of Power indicator (or BOP) measures the strength of Koge Micro Tech market sensitivity to bulls and bears. It estimates the ability of Koge Micro buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Koge Micro Balance of Power indicator one can determine a trend of the price direction.
Check Koge Micro VolatilityBacktest Koge MicroInformation Ratio  

Koge Micro Trading Date Momentum

On November 28 2024 Koge Micro Tech was traded for  50.60  at the closing time. The highest price during the trading period was 50.70  and the lowest recorded bid was listed for  50.60 . The volume for the day was 2.1 K. This history from November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.20% .
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.
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Other Forecasting Options for Koge Micro

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

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

Koge Micro Tech 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 Koge Micro'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 Koge Micro's current price.

Koge Micro Market Strength Events

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

Koge Micro Risk Indicators

The analysis of Koge Micro'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 Koge Micro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting koge 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 Koge Micro

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

Moving against Koge Stock

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

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