IGEN Networks Pink Sheet Forecast - Price Action Indicator
| IGEN Stock | USD 0.0001 0.00 0.00% |
IGEN Pink Sheet Forecast is based on your current time horizon.
IGEN |
| Check IGEN Networks Volatility | Backtest IGEN Networks | Information Ratio |
IGEN Networks Trading Date Momentum
| On November 22 2024 IGEN Networks Corp was traded for 0.0001 at the closing time. The top price for the day was 0.0001 and the lowest listed price was 0.0001 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
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 IGEN Networks
For every potential investor in IGEN, whether a beginner or expert, IGEN Networks' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IGEN Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IGEN. Basic forecasting techniques help filter out the noise by identifying IGEN Networks' price trends.IGEN Networks 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 IGEN Networks pink sheet to make a market-neutral strategy. Peer analysis of IGEN Networks could also be used in its relative valuation, which is a method of valuing IGEN Networks by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IGEN Networks Corp Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of IGEN Networks' 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 IGEN Networks' current price.| Cycle Indicators | ||
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IGEN Networks Market Strength Events
Market strength indicators help investors to evaluate how IGEN Networks pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGEN Networks shares will generate the highest return on investment. By undertsting and applying IGEN Networks pink sheet market strength indicators, traders can identify IGEN Networks Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Pair Trading with IGEN Networks
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 IGEN Networks 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 IGEN Networks will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IGEN Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGEN Networks 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 IGEN Networks - 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 IGEN Networks Corp to buy it.
The correlation of IGEN Networks 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 IGEN Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGEN Networks Corp 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 IGEN Networks 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 IGEN Pink Sheet
IGEN Networks financial ratios help investors to determine whether IGEN Pink Sheet 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 IGEN with respect to the benefits of owning IGEN Networks security.