Boat Rocker Stock Forecast - Day Typical Price
BRMI Stock | CAD 0.65 0.04 5.80% |
Boat Stock Forecast is based on your current time horizon. Although Boat Rocker's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Boat Rocker's systematic risk associated with finding meaningful patterns of Boat Rocker fundamentals over time.
Boat |
Previous Day Typical Price | Day Typical Price | Trend |
0.69 | 0.66 |
Check Boat Rocker Volatility | Backtest Boat Rocker | Information Ratio |
Boat Rocker Trading Date Momentum
On November 25 2024 Boat Rocker Media was traded for 0.65 at the closing time. The highest price during the trading period was 0.68 and the lowest recorded bid was listed for 0.64 . The volume for the day was 54.3 K. This history from November 25, 2024 did not affect price variability. The overall trading delta to the current price is 4.62% . |
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 Boat Rocker to competition |
Other Forecasting Options for Boat Rocker
For every potential investor in Boat, whether a beginner or expert, Boat Rocker's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Boat Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Boat. Basic forecasting techniques help filter out the noise by identifying Boat Rocker's price trends.Boat Rocker 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 Boat Rocker stock to make a market-neutral strategy. Peer analysis of Boat Rocker could also be used in its relative valuation, which is a method of valuing Boat Rocker by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Boat Rocker Media 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 Boat Rocker'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 Boat Rocker's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Boat Rocker Market Strength Events
Market strength indicators help investors to evaluate how Boat Rocker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boat Rocker shares will generate the highest return on investment. By undertsting and applying Boat Rocker stock market strength indicators, traders can identify Boat Rocker Media entry and exit signals to maximize returns.
Accumulation Distribution | 3192.94 | |||
Daily Balance Of Power | (1.00) | |||
Rate Of Daily Change | 0.94 | |||
Day Median Price | 0.66 | |||
Day Typical Price | 0.66 | |||
Price Action Indicator | (0.03) | |||
Period Momentum Indicator | (0.04) |
Boat Rocker Risk Indicators
The analysis of Boat Rocker'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 Boat Rocker's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting boat 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 | 2.1 | |||
Standard Deviation | 3.95 | |||
Variance | 15.63 |
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 Boat Rocker
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 Boat Rocker 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 Boat Rocker will appreciate offsetting losses from the drop in the long position's value.Moving together with Boat Stock
Moving against Boat Stock
The ability to find closely correlated positions to Boat Rocker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boat Rocker 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 Boat Rocker - 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 Boat Rocker Media to buy it.
The correlation of Boat Rocker 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 Boat Rocker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boat Rocker Media 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 Boat Rocker 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 Boat Stock
Boat Rocker financial ratios help investors to determine whether Boat 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 Boat with respect to the benefits of owning Boat Rocker security.