Cairn Homes Stock Forecast - Daily Balance Of Power
| C5H Stock | EUR 2.10 0.02 0.96% |
Cairn Stock Forecast is based on your current time horizon.
Cairn |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.60) | 0.4 |
| Check Cairn Homes Volatility | Backtest Cairn Homes | Information Ratio |
Cairn Homes Trading Date Momentum
| On November 25 2024 Cairn Homes PLC was traded for 2.10 at the closing time. The maximum traded price for the trading interval was 2.13 and the lowest daily price was 2.08 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 1.43% . |
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.
| Compare Cairn Homes to competition |
Other Forecasting Options for Cairn Homes
For every potential investor in Cairn, whether a beginner or expert, Cairn Homes' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cairn Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cairn. Basic forecasting techniques help filter out the noise by identifying Cairn Homes' price trends.Cairn Homes 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 Cairn Homes stock to make a market-neutral strategy. Peer analysis of Cairn Homes could also be used in its relative valuation, which is a method of valuing Cairn Homes by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cairn Homes PLC 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 Cairn Homes' 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 Cairn Homes' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cairn Homes Market Strength Events
Market strength indicators help investors to evaluate how Cairn Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cairn Homes shares will generate the highest return on investment. By undertsting and applying Cairn Homes stock market strength indicators, traders can identify Cairn Homes PLC entry and exit signals to maximize returns.
Cairn Homes Risk Indicators
The analysis of Cairn Homes' 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 Cairn Homes' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cairn 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 | 1.33 | |||
| Semi Deviation | 2.17 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.73 | |||
| Downside Variance | 7.01 | |||
| Semi Variance | 4.72 | |||
| Expected Short fall | (1.43) |
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 Cairn Homes
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 Cairn Homes 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 Cairn Homes will appreciate offsetting losses from the drop in the long position's value.Moving together with Cairn Stock
Moving against Cairn Stock
| 0.83 | BIRG | Bank of Ireland | PairCorr |
| 0.66 | OIZ | Origin Enterprises Plc | PairCorr |
| 0.51 | GL9 | Glanbia PLC | PairCorr |
| 0.34 | A5G | AIB Group PLC | PairCorr |
The ability to find closely correlated positions to Cairn Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cairn Homes 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 Cairn Homes - 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 Cairn Homes PLC to buy it.
The correlation of Cairn Homes 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 Cairn Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cairn Homes PLC 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 Cairn Homes 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.Additional Tools for Cairn Stock Analysis
When running Cairn Homes' price analysis, check to measure Cairn Homes' 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 Cairn Homes is operating at the current time. Most of Cairn Homes' value examination focuses on studying past and present price action to predict the probability of Cairn Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cairn Homes' price. Additionally, you may evaluate how the addition of Cairn Homes to your portfolios can decrease your overall portfolio volatility.