Softstar Entertainment Stock Forecast - Daily Balance Of Power
| 6111 Stock | TWD 61.20 0.20 0.33% |
Softstar Stock Forecast is based on your current time horizon.
Softstar |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.71) | 0.2857 |
| Check Softstar Entertainment Volatility | Backtest Softstar Entertainment | Information Ratio |
Softstar Entertainment Trading Date Momentum
| On November 26 2024 Softstar Entertainment was traded for 61.20 at the closing time. The highest price during the trading period was 61.70 and the lowest recorded bid was listed for 61.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.82% . |
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 Softstar Entertainment
For every potential investor in Softstar, whether a beginner or expert, Softstar Entertainment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Softstar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Softstar. Basic forecasting techniques help filter out the noise by identifying Softstar Entertainment's price trends.Softstar Entertainment 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 Softstar Entertainment stock to make a market-neutral strategy. Peer analysis of Softstar Entertainment could also be used in its relative valuation, which is a method of valuing Softstar Entertainment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Softstar Entertainment 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 Softstar Entertainment'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 Softstar Entertainment's current price.| Cycle Indicators | ||
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Softstar Entertainment Market Strength Events
Market strength indicators help investors to evaluate how Softstar Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Softstar Entertainment shares will generate the highest return on investment. By undertsting and applying Softstar Entertainment stock market strength indicators, traders can identify Softstar Entertainment entry and exit signals to maximize returns.
Softstar Entertainment Risk Indicators
The analysis of Softstar Entertainment'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 Softstar Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting softstar 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 | 1.13 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.47 | |||
| Downside Variance | 2.83 | |||
| Semi Variance | 2.14 | |||
| Expected Short fall | (1.34) |
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 Softstar Entertainment
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 Softstar Entertainment 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 Softstar Entertainment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Softstar Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Softstar Entertainment 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 Softstar Entertainment - 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 Softstar Entertainment to buy it.
The correlation of Softstar Entertainment 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 Softstar Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Softstar Entertainment 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 Softstar Entertainment 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.Additional Tools for Softstar Stock Analysis
When running Softstar Entertainment's price analysis, check to measure Softstar Entertainment'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 Softstar Entertainment is operating at the current time. Most of Softstar Entertainment's value examination focuses on studying past and present price action to predict the probability of Softstar Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Softstar Entertainment's price. Additionally, you may evaluate how the addition of Softstar Entertainment to your portfolios can decrease your overall portfolio volatility.