MIND CTI Stock Forecast - Daily Balance Of Power
| MNDO Stock | USD 1.96 0.01 0.51% |
MIND Stock Forecast is based on your current time horizon. Although MIND CTI's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MIND CTI's systematic risk associated with finding meaningful patterns of MIND CTI fundamentals over time.
MIND |
| Check MIND CTI Volatility | Backtest MIND CTI | Information Ratio |
MIND CTI Trading Date Momentum
| On November 26 2024 MIND CTI was traded for 1.96 at the closing time. The top price for the day was 1.96 and the lowest listed price was 1.95 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.51% . |
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 MIND CTI
For every potential investor in MIND, whether a beginner or expert, MIND CTI's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MIND Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MIND. Basic forecasting techniques help filter out the noise by identifying MIND CTI's price trends.MIND CTI 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 MIND CTI stock to make a market-neutral strategy. Peer analysis of MIND CTI could also be used in its relative valuation, which is a method of valuing MIND CTI by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MIND CTI 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 MIND CTI'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 MIND CTI's current price.| Cycle Indicators | ||
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| Volume Indicators |
MIND CTI Market Strength Events
Market strength indicators help investors to evaluate how MIND CTI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MIND CTI shares will generate the highest return on investment. By undertsting and applying MIND CTI stock market strength indicators, traders can identify MIND CTI entry and exit signals to maximize returns.
MIND CTI Risk Indicators
The analysis of MIND CTI'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 MIND CTI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mind 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 | 0.8774 | |||
| Semi Deviation | 0.9729 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.39 | |||
| Downside Variance | 1.93 | |||
| Semi Variance | 0.9464 | |||
| Expected Short fall | (1.13) |
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 MIND CTI
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 MIND CTI 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 MIND CTI will appreciate offsetting losses from the drop in the long position's value.Moving together with MIND Stock
Moving against MIND Stock
| 0.74 | EGAN | eGain | PairCorr |
| 0.65 | VERB | VERB TECHNOLOGY PANY Trending | PairCorr |
| 0.4 | DV | DoubleVerify Holdings | PairCorr |
| 0.39 | VCSA | Vacasa Inc | PairCorr |
The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI 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 MIND CTI - 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 MIND CTI to buy it.
The correlation of MIND CTI 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 MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI 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 MIND CTI 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.Check out Historical Fundamental Analysis of MIND CTI to cross-verify your projections. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MIND CTI. If investors know MIND will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MIND CTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 0.23 | Revenue Per Share 1.079 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0874 |
The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.