Binh Duong Stock Forecast - Period Momentum Indicator
| BCE Stock | 6,820 20.00 0.29% |
Binh Stock Forecast is based on your current time horizon.
Binh |
| Check Binh Duong Volatility | Backtest Binh Duong | Information Ratio |
Binh Duong Trading Date Momentum
| On November 26 2024 Binh Duong Construction was traded for 6,820 at the closing time. The maximum traded price for the trading interval was 6,850 and the lowest daily price was 6,660 . The daily volume was recorded at 68.9 K. The volume of trading on 26th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 1.76% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Binh Duong
For every potential investor in Binh, whether a beginner or expert, Binh Duong's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Binh Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Binh. Basic forecasting techniques help filter out the noise by identifying Binh Duong's price trends.Binh Duong 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 Binh Duong stock to make a market-neutral strategy. Peer analysis of Binh Duong could also be used in its relative valuation, which is a method of valuing Binh Duong by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Binh Duong Construction 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 Binh Duong'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 Binh Duong's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Binh Duong Market Strength Events
Market strength indicators help investors to evaluate how Binh Duong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Binh Duong shares will generate the highest return on investment. By undertsting and applying Binh Duong stock market strength indicators, traders can identify Binh Duong Construction entry and exit signals to maximize returns.
| Accumulation Distribution | 1911.09 | |||
| Daily Balance Of Power | 0.1053 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6755.0 | |||
| Day Typical Price | 6776.67 | |||
| Market Facilitation Index | 0.0028 | |||
| Price Action Indicator | 75.0 | |||
| Period Momentum Indicator | 20.0 |
Binh Duong Risk Indicators
The analysis of Binh Duong'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 Binh Duong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting binh 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 | 0.8721 | |||
| Semi Deviation | 0.7129 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.52 | |||
| Downside Variance | 1.36 | |||
| Semi Variance | 0.5082 | |||
| Expected Short fall | (1.13) |
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 Binh Duong
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 Binh Duong 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 Binh Duong will appreciate offsetting losses from the drop in the long position's value.Moving against Binh Stock
| 0.73 | ADS | Damsan JSC | PairCorr |
| 0.67 | AAA | An Phat Plastic | PairCorr |
| 0.51 | AME | Alphanam ME | PairCorr |
| 0.44 | AAM | Mekong Fisheries JSC | PairCorr |
| 0.4 | ABS | Binhthuan Agriculture | PairCorr |
The ability to find closely correlated positions to Binh Duong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Binh Duong 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 Binh Duong - 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 Binh Duong Construction to buy it.
The correlation of Binh Duong 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 Binh Duong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Binh Duong Construction 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 Binh Duong 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 Binh Stock
Binh Duong financial ratios help investors to determine whether Binh 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 Binh with respect to the benefits of owning Binh Duong security.