Korea Electric Stock Forecast - Period Momentum Indicator
| KEP Stock | USD 8.58 0.04 0.47% |
Korea Stock Forecast is based on your current time horizon. Although Korea Electric's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Korea Electric's systematic risk associated with finding meaningful patterns of Korea Electric fundamentals over time.
Korea |
| Check Korea Electric Volatility | Backtest Korea Electric | Information Ratio |
Korea Electric Trading Date Momentum
| On November 21 2024 Korea Electric Power was traded for 8.58 at the closing time. Highest Korea Electric's price during the trading hours was 8.59 and the lowest price during the day was 8.51 . The net volume was 53.7 K. The overall trading history on the 21st of November did not cause price change. The trading delta at closing time to current price is 0.47% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Korea Electric to competition |
Other Forecasting Options for Korea Electric
For every potential investor in Korea, whether a beginner or expert, Korea Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Korea Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Korea. Basic forecasting techniques help filter out the noise by identifying Korea Electric's price trends.Korea Electric 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 Korea Electric stock to make a market-neutral strategy. Peer analysis of Korea Electric could also be used in its relative valuation, which is a method of valuing Korea Electric by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Korea Electric Power 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 Korea Electric'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 Korea Electric's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Korea Electric Market Strength Events
Market strength indicators help investors to evaluate how Korea Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Korea Electric shares will generate the highest return on investment. By undertsting and applying Korea Electric stock market strength indicators, traders can identify Korea Electric Power entry and exit signals to maximize returns.
| Accumulation Distribution | 500.27 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.55 | |||
| Day Typical Price | 8.56 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.04 |
Korea Electric Risk Indicators
The analysis of Korea Electric'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 Korea Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting korea 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 | 1.74 | |||
| Semi Deviation | 2.03 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.58 | |||
| Downside Variance | 4.93 | |||
| Semi Variance | 4.14 | |||
| Expected Short fall | (2.02) |
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 Korea Electric
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 Korea Electric 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 Korea Electric will appreciate offsetting losses from the drop in the long position's value.Moving against Korea Stock
| 0.64 | CMS-PB | Consumers Energy | PairCorr |
| 0.48 | CMS-PC | CMS Energy | PairCorr |
| 0.38 | DTE | DTE Energy | PairCorr |
| 0.37 | EXC | Exelon | PairCorr |
| 0.31 | CMS | CMS Energy | PairCorr |
The ability to find closely correlated positions to Korea Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Electric 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 Korea Electric - 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 Korea Electric Power to buy it.
The correlation of Korea Electric 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 Korea Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Electric Power 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 Korea Electric 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.Additional Tools for Korea Stock Analysis
When running Korea Electric's price analysis, check to measure Korea Electric's 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 Korea Electric is operating at the current time. Most of Korea Electric's value examination focuses on studying past and present price action to predict the probability of Korea Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea Electric's price. Additionally, you may evaluate how the addition of Korea Electric to your portfolios can decrease your overall portfolio volatility.