Binhthuan Agriculture Stock Forecast - Day Typical Price
| ABS Stock | 4,520 70.00 1.57% |
Binhthuan Stock Forecast is based on your current time horizon.
Binhthuan |
| Previous Day Typical Price | Day Typical Price | Trend |
| 4436.67 | 4506.67 |
| Check Binhthuan Agriculture Volatility | Backtest Binhthuan Agriculture | Information Ratio |
Binhthuan Agriculture Trading Date Momentum
| On February 05 2025 Binhthuan Agriculture Services was traded for 4,520 at the closing time. The maximum traded price for the trading interval was 4,550 and the lowest daily price was 4,450 . The daily volume was recorded at 116 K. The volume of trading on 5th of February 2025 did not affect price variability. The overall trading delta to the closing price today is 0.66% . |
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.
Compare Binhthuan Agriculture to competition
Binhthuan Agriculture 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 Binhthuan Agriculture stock to make a market-neutral strategy. Peer analysis of Binhthuan Agriculture could also be used in its relative valuation, which is a method of valuing Binhthuan Agriculture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Binhthuan Agriculture Market Strength Events
Market strength indicators help investors to evaluate how Binhthuan Agriculture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Binhthuan Agriculture shares will generate the highest return on investment. By undertsting and applying Binhthuan Agriculture stock market strength indicators, traders can identify Binhthuan Agriculture Services entry and exit signals to maximize returns.
Binhthuan Agriculture Risk Indicators
The analysis of Binhthuan Agriculture'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 Binhthuan Agriculture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting binhthuan 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 | 1.85 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.63 | |||
| Variance | 6.93 | |||
| Downside Variance | 6.72 | |||
| Semi Variance | 4.05 | |||
| Expected Short fall | (2.21) |
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 Binhthuan Agriculture
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 Binhthuan Agriculture 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 Binhthuan Agriculture will appreciate offsetting losses from the drop in the long position's value.Moving against Binhthuan Stock
| 0.73 | AME | Alphanam ME | PairCorr |
| 0.52 | APG | APG Securities Joint | PairCorr |
| 0.36 | ADS | Damsan JSC | PairCorr |
| 0.35 | FIT | FIT INVEST JSC | PairCorr |
The ability to find closely correlated positions to Binhthuan Agriculture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Binhthuan Agriculture 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 Binhthuan Agriculture - 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 Binhthuan Agriculture Services to buy it.
The correlation of Binhthuan Agriculture 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 Binhthuan Agriculture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Binhthuan Agriculture 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 Binhthuan Agriculture 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.Other Information on Investing in Binhthuan Stock
Binhthuan Agriculture financial ratios help investors to determine whether Binhthuan 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 Binhthuan with respect to the benefits of owning Binhthuan Agriculture security.