First Northern OTC Stock Forecast - Daily Balance Of Power
FNRN Stock | USD 10.00 0.01 0.10% |
First OTC Stock Forecast is based on your current time horizon.
First |
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First Northern Trading Date Momentum
On November 27 2024 First Northern Community was traded for 10.00 at the closing time. The top price for the day was 10.03 and the lowest listed price was 10.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
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.
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Other Forecasting Options for First Northern
For every potential investor in First, whether a beginner or expert, First Northern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Northern's price trends.First Northern 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 First Northern otc stock to make a market-neutral strategy. Peer analysis of First Northern could also be used in its relative valuation, which is a method of valuing First Northern by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
First Northern Community Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of First Northern'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 First Northern's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
First Northern Market Strength Events
Market strength indicators help investors to evaluate how First Northern otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Northern shares will generate the highest return on investment. By undertsting and applying First Northern otc stock market strength indicators, traders can identify First Northern Community entry and exit signals to maximize returns.
First Northern Risk Indicators
The analysis of First Northern'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 First Northern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first otc 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 | 0.313 | |||
Semi Deviation | 0.4865 | |||
Standard Deviation | 0.7891 | |||
Variance | 0.6227 | |||
Downside Variance | 0.8967 | |||
Semi Variance | 0.2367 | |||
Expected Short fall | (0.95) |
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 First Northern
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 First Northern 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 First Northern will appreciate offsetting losses from the drop in the long position's value.Moving together with First OTC Stock
Moving against First OTC Stock
0.73 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
0.67 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
0.67 | BAC | Bank of America Aggressive Push | PairCorr |
0.61 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.57 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to First Northern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Northern 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 First Northern - 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 First Northern Community to buy it.
The correlation of First Northern 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 First Northern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Northern Community 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 First Northern 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 First OTC Stock
First Northern financial ratios help investors to determine whether First OTC 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 First with respect to the benefits of owning First Northern security.