Onfolio Holdings Stock Forecast - Variance
| ONFO Stock | USD 1.19 0.04 3.25% |
Onfolio Stock Forecast is based on your current time horizon. Although Onfolio Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Onfolio Holdings' systematic risk associated with finding meaningful patterns of Onfolio Holdings fundamentals over time.
Onfolio |
| Previous Variance | Variance | Trend |
| 0 | 0 |
| Check Onfolio Holdings Volatility | Backtest Onfolio Holdings | Information Ratio |
Onfolio Holdings Trading Date Momentum
| On November 21 2024 Onfolio Holdings was traded for 1.19 at the closing time. The top price for the day was 1.26 and the lowest listed price was 1.18 . The trading volume for the day was 6.1 K. The trading history from November 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.68% . |
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Other Forecasting Options for Onfolio Holdings
For every potential investor in Onfolio, whether a beginner or expert, Onfolio Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Onfolio Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Onfolio. Basic forecasting techniques help filter out the noise by identifying Onfolio Holdings' price trends.View Onfolio Holdings Related Equities
| Risk & Return | Correlation |
Onfolio Holdings 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 Onfolio Holdings' 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 Onfolio Holdings' current price.| Cycle Indicators | ||
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Onfolio Holdings Market Strength Events
Market strength indicators help investors to evaluate how Onfolio Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Onfolio Holdings shares will generate the highest return on investment. By undertsting and applying Onfolio Holdings stock market strength indicators, traders can identify Onfolio Holdings entry and exit signals to maximize returns.
Onfolio Holdings Risk Indicators
The analysis of Onfolio Holdings' 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 Onfolio Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting onfolio 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 | 5.03 | |||
| Semi Deviation | 5.43 | |||
| Standard Deviation | 6.92 | |||
| Variance | 47.83 | |||
| Downside Variance | 31.93 | |||
| Semi Variance | 29.54 | |||
| Expected Short fall | (6.09) |
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 Onfolio Holdings
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 Onfolio Holdings 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 Onfolio Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Onfolio Stock
The ability to find closely correlated positions to Onfolio Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onfolio Holdings 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 Onfolio Holdings - 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 Onfolio Holdings to buy it.
The correlation of Onfolio Holdings 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 Onfolio Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onfolio Holdings 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 Onfolio Holdings 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 Onfolio Holdings to cross-verify your projections. To learn how to invest in Onfolio Stock, please use our How to Invest in Onfolio Holdings guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Movies & Entertainment 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 Onfolio Holdings. If investors know Onfolio 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 Onfolio Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 1.154 | Quarterly Revenue Growth 0.318 | Return On Assets (0.17) | Return On Equity (0.92) |
The market value of Onfolio Holdings is measured differently than its book value, which is the value of Onfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Onfolio Holdings' value that differs from its market value or its book value, called intrinsic value, which is Onfolio Holdings' 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 Onfolio Holdings' market value can be influenced by many factors that don't directly affect Onfolio Holdings' 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 Onfolio Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Onfolio Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onfolio Holdings' 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.