Near Intelligence Stock Forecast - Market Facilitation Index
| NIRDelisted Stock | 1.49 0.10 6.29% |
Near Stock Forecast is based on your current time horizon.
Near |
| Check Near Intelligence Volatility | Backtest Near Intelligence | Information Ratio |
Near Intelligence Trading Date Momentum
| On November 27 2024 Near Intelligence was traded for 1.49 at the closing time. Highest Near Intelligence's price during the trading hours was 1.59 and the lowest price during the day was 1.45 . There was no trading activity during the period 0.0. Lack of trading volume on the 27th of November did not cause price change. The trading delta at closing time to current price is 6.71% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Near Intelligence to competition
Near Intelligence 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 Near Intelligence stock to make a market-neutral strategy. Peer analysis of Near Intelligence could also be used in its relative valuation, which is a method of valuing Near Intelligence by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Near Intelligence Market Strength Events
Market strength indicators help investors to evaluate how Near Intelligence stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Near Intelligence shares will generate the highest return on investment. By undertsting and applying Near Intelligence stock market strength indicators, traders can identify Near Intelligence entry and exit signals to maximize returns.
Near Intelligence Risk Indicators
The analysis of Near Intelligence'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 Near Intelligence's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting near 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 | 5.46 | |||
| Standard Deviation | 9.06 | |||
| Variance | 82.15 |
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 Near Intelligence
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 Near Intelligence 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 Near Intelligence will appreciate offsetting losses from the drop in the long position's value.Moving against Near Stock
| 0.75 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.74 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.72 | HD | Home Depot | PairCorr |
| 0.68 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.59 | FSTF | First State Financial | PairCorr |
The ability to find closely correlated positions to Near Intelligence could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Near Intelligence 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 Near Intelligence - 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 Near Intelligence to buy it.
The correlation of Near Intelligence 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 Near Intelligence moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Near Intelligence 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 Near Intelligence 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Near Stock
If you are still planning to invest in Near Intelligence check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Near Intelligence's history and understand the potential risks before investing.
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