Gamehost Stock Forecast - Period Momentum Indicator
GH Stock | CAD 10.77 0.05 0.46% |
Gamehost Stock Forecast is based on your current time horizon. Although Gamehost's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Gamehost's systematic risk associated with finding meaningful patterns of Gamehost fundamentals over time.
Gamehost |
Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
(0.05) | (0.05) |
Check Gamehost Volatility | Backtest Gamehost | Information Ratio |
Gamehost Trading Date Momentum
On November 29 2024 Gamehost was traded for 10.77 at the closing time. The highest daily price throughout the period was 10.78 and the lowest price was 10.77 . The daily volume was 400. The net trading volume on 11/29/2024 did not cause price change. The overall trading delta to current closing price is 0.09% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Gamehost
For every potential investor in Gamehost, whether a beginner or expert, Gamehost's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gamehost Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gamehost. Basic forecasting techniques help filter out the noise by identifying Gamehost's price trends.Gamehost 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 Gamehost stock to make a market-neutral strategy. Peer analysis of Gamehost could also be used in its relative valuation, which is a method of valuing Gamehost by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Gamehost 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 Gamehost'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 Gamehost's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Gamehost Market Strength Events
Market strength indicators help investors to evaluate how Gamehost stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gamehost shares will generate the highest return on investment. By undertsting and applying Gamehost stock market strength indicators, traders can identify Gamehost entry and exit signals to maximize returns.
Gamehost Risk Indicators
The analysis of Gamehost'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 Gamehost's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gamehost 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 | 0.5855 | |||
Semi Deviation | 0.6834 | |||
Standard Deviation | 0.8413 | |||
Variance | 0.7077 | |||
Downside Variance | 0.9003 | |||
Semi Variance | 0.4671 | |||
Expected Short fall | (0.76) |
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 Gamehost
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 Gamehost 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 Gamehost will appreciate offsetting losses from the drop in the long position's value.Moving against Gamehost Stock
The ability to find closely correlated positions to Gamehost could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamehost 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 Gamehost - 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 Gamehost to buy it.
The correlation of Gamehost 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 Gamehost moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamehost 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 Gamehost 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 Gamehost Stock
Gamehost financial ratios help investors to determine whether Gamehost 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 Gamehost with respect to the benefits of owning Gamehost security.