Investors can use prediction functions to forecast Benefit Systems' stock prices and determine the direction of Benefit Systems SA's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Benefit Systems' historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Benefit
Benefit Systems SA has current Daily Balance Of Power of (0.16). Balance of Power indicator (or BOP) measures the strength of Benefit Systems SA market sensitivity to bulls and bears. It estimates the ability of Benefit Systems buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Benefit Systems Balance of Power indicator one can determine a trend of the price direction.
On November 30 2024 Benefit Systems SA was traded for 2,640 at the closing time. The highest price during the trading period was 2,650 and the lowest recorded bid was listed for 2,525 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not affect price variability. The overall trading delta to the current price is 2.27% .
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.
For every potential investor in Benefit, whether a beginner or expert, Benefit Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Benefit Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Benefit. Basic forecasting techniques help filter out the noise by identifying Benefit Systems' price trends.
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 Benefit Systems stock to make a market-neutral strategy. Peer analysis of Benefit Systems could also be used in its relative valuation, which is a method of valuing Benefit Systems by comparing valuation metrics with similar companies.
Benefit Systems SA 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 Benefit Systems' 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 Benefit Systems' current price.
Market strength indicators help investors to evaluate how Benefit Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Benefit Systems shares will generate the highest return on investment. By undertsting and applying Benefit Systems stock market strength indicators, traders can identify Benefit Systems SA entry and exit signals to maximize returns.
The analysis of Benefit Systems' 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 Benefit Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting benefit 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 Benefit Systems
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 Benefit Systems 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 Benefit Systems will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Benefit Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Benefit Systems 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 Benefit Systems - 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 Benefit Systems SA to buy it.
The correlation of Benefit Systems 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 Benefit Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benefit Systems SA 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 Benefit Systems 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.
When running Benefit Systems' price analysis, check to measure Benefit Systems' 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 Benefit Systems is operating at the current time. Most of Benefit Systems' value examination focuses on studying past and present price action to predict the probability of Benefit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benefit Systems' price. Additionally, you may evaluate how the addition of Benefit Systems to your portfolios can decrease your overall portfolio volatility.