Techcom Vietnam Stock Forecast - Price Action Indicator

FUCVREIT   5,840  340.00  6.18%   
Techcom Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Techcom Vietnam's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Techcom Vietnam REIT has current Price Action Indicator of 185.0. 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.
Check Techcom Vietnam VolatilityBacktest Techcom VietnamInformation Ratio  

Techcom Vietnam Trading Date Momentum

On November 23 2024 Techcom Vietnam REIT was traded for  5,840  at the closing time. The highest price during the trading period was 5,840  and the lowest recorded bid was listed for  5,810 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Techcom Vietnam to competition

Other Forecasting Options for Techcom Vietnam

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

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

Techcom Vietnam REIT 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 Techcom Vietnam'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 Techcom Vietnam's current price.

Techcom Vietnam Market Strength Events

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

Techcom Vietnam Risk Indicators

The analysis of Techcom Vietnam'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 Techcom Vietnam's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting techcom 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 Techcom Vietnam

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 Techcom Vietnam 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 Techcom Vietnam will appreciate offsetting losses from the drop in the long position's value.

Moving against Techcom Stock

  0.33BCE Binh Duong ConstructionPairCorr
The ability to find closely correlated positions to Techcom Vietnam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Techcom Vietnam 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 Techcom Vietnam - 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 Techcom Vietnam REIT to buy it.
The correlation of Techcom Vietnam 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 Techcom Vietnam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Techcom Vietnam REIT 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 Techcom Vietnam 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

Other Information on Investing in Techcom Stock

Techcom Vietnam financial ratios help investors to determine whether Techcom 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 Techcom with respect to the benefits of owning Techcom Vietnam security.