Quanta Storage Stock Forecast - Day Median Price
| 6188 Stock | TWD 95.80 1.30 1.34% |
Quanta Stock Forecast is based on your current time horizon.
Quanta |
| Previous Day Median Price | Day Median Price | Trend |
| 96.2 | 96.2 |
| Check Quanta Storage Volatility | Backtest Quanta Storage | Information Ratio |
Quanta Storage Trading Date Momentum
| On February 05 2025 Quanta Storage was traded for 95.80 at the closing time. The highest price during the trading period was 97.80 and the lowest recorded bid was listed for 94.60 . There was no trading activity during the period 0.0. Lack of trading volume on February 5, 2025 did not cause price change. The trading delta at closing time to the current price is 1.77% . |
The median price is the midpoint of the trading periods range.
Compare Quanta Storage to competition
Quanta Storage 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 Quanta Storage stock to make a market-neutral strategy. Peer analysis of Quanta Storage could also be used in its relative valuation, which is a method of valuing Quanta Storage by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Quanta Storage Market Strength Events
Market strength indicators help investors to evaluate how Quanta Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quanta Storage shares will generate the highest return on investment. By undertsting and applying Quanta Storage stock market strength indicators, traders can identify Quanta Storage entry and exit signals to maximize returns.
Quanta Storage Risk Indicators
The analysis of Quanta Storage'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 Quanta Storage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting quanta 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 | 2.08 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.36 |
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 Quanta Storage
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 Quanta Storage 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 Quanta Storage will appreciate offsetting losses from the drop in the long position's value.Moving together with Quanta Stock
Moving against Quanta Stock
| 0.64 | 2317 | Hon Hai Precision | PairCorr |
| 0.59 | 2331 | Elitegroup Computer | PairCorr |
| 0.39 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.36 | 9904 | Pou Chen Corp | PairCorr |
| 0.36 | 910322 | Tingyi Holding Corp | PairCorr |
The ability to find closely correlated positions to Quanta Storage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanta Storage 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 Quanta Storage - 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 Quanta Storage to buy it.
The correlation of Quanta Storage 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 Quanta Storage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanta Storage 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 Quanta Storage 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 Quanta Stock Analysis
When running Quanta Storage's price analysis, check to measure Quanta Storage'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 Quanta Storage is operating at the current time. Most of Quanta Storage's value examination focuses on studying past and present price action to predict the probability of Quanta Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanta Storage's price. Additionally, you may evaluate how the addition of Quanta Storage to your portfolios can decrease your overall portfolio volatility.