Bonso Electronics Stock Forecast - Period Momentum Indicator
| BNSODelisted Stock | USD 2.59 0.15 6.15% |
Bonso Stock Forecast is based on your current time horizon.
Bonso |
| Check Bonso Electronics Volatility | Backtest Bonso Electronics | Information Ratio |
Bonso Electronics Trading Date Momentum
| On November 25 2024 Bonso Electronics International was traded for 2.59 at the closing time. The top price for the day was 2.60 and the lowest listed price was 2.01 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 5.79% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Bonso Electronics to competition
View Bonso Electronics Related Equities
| Risk & Return | Correlation |
Bonso Electronics Market Strength Events
Market strength indicators help investors to evaluate how Bonso Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bonso Electronics shares will generate the highest return on investment. By undertsting and applying Bonso Electronics stock market strength indicators, traders can identify Bonso Electronics International entry and exit signals to maximize returns.
Bonso Electronics Risk Indicators
The analysis of Bonso Electronics' 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 Bonso Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bonso 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 | 8.21 | |||
| Semi Deviation | 11.31 | |||
| Standard Deviation | 14.93 | |||
| Variance | 222.76 | |||
| Downside Variance | 159.59 | |||
| Semi Variance | 127.82 | |||
| Expected Short fall | (9.74) |
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 Bonso Electronics
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 Bonso Electronics 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 Bonso Electronics will appreciate offsetting losses from the drop in the long position's value.Moving against Bonso Stock
| 0.84 | FSTF | First State Financial | PairCorr |
| 0.65 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.64 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.54 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.52 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
The ability to find closely correlated positions to Bonso Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bonso Electronics 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 Bonso Electronics - 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 Bonso Electronics International to buy it.
The correlation of Bonso Electronics 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 Bonso Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bonso Electronics 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 Bonso Electronics 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.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 state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Bonso Stock
If you are still planning to invest in Bonso Electronics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bonso Electronics' history and understand the potential risks before investing.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |