Yeou Yih Stock Forecast - Day Typical Price

9962 Stock  TWD 15.55  0.05  0.32%   
Yeou Stock Forecast is based on your current time horizon.
  
Yeou Yih Steel has current Day Typical Price of 15.53. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Yeou Yih Trading Date Momentum

On November 24 2024 Yeou Yih Steel was traded for  15.55  at the closing time. The highest price during the trading period was 15.60  and the lowest recorded bid was listed for  15.45 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.32% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Yeou Yih

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

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

Yeou Yih Steel 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 Yeou Yih'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 Yeou Yih's current price.

Yeou Yih Market Strength Events

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

Yeou Yih Risk Indicators

The analysis of Yeou Yih'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 Yeou Yih's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yeou 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 Yeou Yih

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 Yeou Yih 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 Yeou Yih will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Yeou Yih could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yeou Yih 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 Yeou Yih - 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 Yeou Yih Steel to buy it.
The correlation of Yeou Yih 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 Yeou Yih moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yeou Yih Steel 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 Yeou Yih 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 Yeou Stock Analysis

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