Shinhan Inverse Stock Forecast - Daily Balance Of Power

500008 Stock   5,660  70.00  1.25%   
Shinhan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shinhan Inverse stock prices and determine the direction of Shinhan Inverse Copper's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shinhan Inverse's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Shinhan Inverse Copper has current Daily Balance Of Power of 2.333333. Balance of Power indicator (or BOP) measures the strength of Shinhan Inverse Copper market sensitivity to bulls and bears. It estimates the ability of Shinhan Inverse buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Shinhan Inverse Balance of Power indicator one can determine a trend of the price direction.
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Shinhan Inverse Trading Date Momentum

On November 23 2024 Shinhan Inverse Copper was traded for  5,660  at the closing time. The highest price during the trading period was 5,670  and the lowest recorded bid was listed for  5,640 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.35% .
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 Shinhan Inverse

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

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

Shinhan Inverse Copper 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 Shinhan Inverse'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 Shinhan Inverse's current price.

Shinhan Inverse Market Strength Events

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

Shinhan Inverse Risk Indicators

The analysis of Shinhan Inverse'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 Shinhan Inverse's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shinhan 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 Shinhan Inverse

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 Shinhan Inverse 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 Shinhan Inverse will appreciate offsetting losses from the drop in the long position's value.

Moving against Shinhan Stock

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

Other Information on Investing in Shinhan Stock

Shinhan Inverse financial ratios help investors to determine whether Shinhan 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 Shinhan with respect to the benefits of owning Shinhan Inverse security.