Detalion Games Stock Forecast - Price Action Indicator

DEG Stock   0.96  0.06  6.67%   
Detalion Stock Forecast is based on your current time horizon.
  
Detalion Games SA has current Price Action Indicator of 0.06. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Detalion Games Trading Date Momentum

On November 22 2024 Detalion Games SA was traded for  0.96  at the closing time. The highest price during the trading period was 0.96  and the lowest recorded bid was listed for  0.90 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta to the current price is 6.25% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Detalion Games

For every potential investor in Detalion, whether a beginner or expert, Detalion Games' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Detalion Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Detalion. Basic forecasting techniques help filter out the noise by identifying Detalion Games' price trends.

Detalion Games 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 Detalion Games stock to make a market-neutral strategy. Peer analysis of Detalion Games could also be used in its relative valuation, which is a method of valuing Detalion Games by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Detalion Games 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 Detalion Games' 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 Detalion Games' current price.

Detalion Games Market Strength Events

Market strength indicators help investors to evaluate how Detalion Games stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Detalion Games shares will generate the highest return on investment. By undertsting and applying Detalion Games stock market strength indicators, traders can identify Detalion Games SA entry and exit signals to maximize returns.

Detalion Games Risk Indicators

The analysis of Detalion Games' 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 Detalion Games' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting detalion 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 Detalion Games

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 Detalion Games 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 Detalion Games will appreciate offsetting losses from the drop in the long position's value.

Moving together with Detalion Stock

  0.81PKN Polski Koncern NaftowyPairCorr

Moving against Detalion Stock

  0.8UCG UniCredit SpAPairCorr
  0.72SAN Banco Santander SAPairCorr
  0.59DNP Dino Polska SAPairCorr
  0.54CEZ CEZ asPairCorr
The ability to find closely correlated positions to Detalion Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Detalion Games 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 Detalion Games - 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 Detalion Games SA to buy it.
The correlation of Detalion Games 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 Detalion Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Detalion Games 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 Detalion Games 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.
Pair CorrelationCorrelation Matching

Additional Tools for Detalion Stock Analysis

When running Detalion Games' price analysis, check to measure Detalion Games' 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 Detalion Games is operating at the current time. Most of Detalion Games' value examination focuses on studying past and present price action to predict the probability of Detalion Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Detalion Games' price. Additionally, you may evaluate how the addition of Detalion Games to your portfolios can decrease your overall portfolio volatility.