Balco Group Stock Forecast - Daily Balance Of Power

BALCO Stock  SEK 38.00  0.40  1.06%   
Balco Stock Forecast is based on your current time horizon.
  
Balco Group AB has current Daily Balance Of Power of 0.7273. Balance of Power indicator (or BOP) measures the strength of Balco Group AB market sensitivity to bulls and bears. It estimates the ability of Balco Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Balco Group Balance of Power indicator one can determine a trend of the price direction.
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Balco Group Trading Date Momentum

On December 02 2024 Balco Group AB was traded for  38.00  at the closing time. The highest price during the trading period was 38.25  and the lowest recorded bid was listed for  37.70 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.79% .
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 Balco Group

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

Balco Group 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 Balco Group stock to make a market-neutral strategy. Peer analysis of Balco Group could also be used in its relative valuation, which is a method of valuing Balco Group by comparing valuation metrics with similar companies.
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Balco Group AB 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 Balco Group'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 Balco Group's current price.

Balco Group Market Strength Events

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

Balco Group Risk Indicators

The analysis of Balco Group'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 Balco Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting balco 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Balco Stock Analysis

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