Roshan Packages Stock Forecast - Period Momentum Indicator
| RPL Stock | 16.98 0.13 0.76% |
Roshan Stock Forecast is based on your current time horizon.
Roshan |
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.13) | (0.13) |
| Check Roshan Packages Volatility | Backtest Roshan Packages | Information Ratio |
Roshan Packages Trading Date Momentum
| On November 25 2024 Roshan Packages was traded for 16.98 at the closing time. The highest price during the trading period was 17.47 and the lowest recorded bid was listed for 16.88 . The volume for the day was 181.3 K. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.41% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Roshan Packages
For every potential investor in Roshan, whether a beginner or expert, Roshan Packages' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roshan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roshan. Basic forecasting techniques help filter out the noise by identifying Roshan Packages' price trends.Roshan Packages 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 Roshan Packages stock to make a market-neutral strategy. Peer analysis of Roshan Packages could also be used in its relative valuation, which is a method of valuing Roshan Packages by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Roshan Packages 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 Roshan Packages' 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 Roshan Packages' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Roshan Packages Market Strength Events
Market strength indicators help investors to evaluate how Roshan Packages stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roshan Packages shares will generate the highest return on investment. By undertsting and applying Roshan Packages stock market strength indicators, traders can identify Roshan Packages entry and exit signals to maximize returns.
| Accumulation Distribution | 6124.42 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 17.17 | |||
| Day Typical Price | 17.11 | |||
| Price Action Indicator | (0.26) | |||
| Period Momentum Indicator | (0.13) |
Roshan Packages Risk Indicators
The analysis of Roshan Packages' 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 Roshan Packages' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roshan 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 | 2.22 | |||
| Standard Deviation | 3.05 | |||
| Variance | 9.31 |
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 Roshan Packages
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 Roshan Packages 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 Roshan Packages will appreciate offsetting losses from the drop in the long position's value.Moving against Roshan Stock
The ability to find closely correlated positions to Roshan Packages could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roshan Packages 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 Roshan Packages - 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 Roshan Packages to buy it.
The correlation of Roshan Packages 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 Roshan Packages moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roshan Packages 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 Roshan Packages 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 Roshan Stock Analysis
When running Roshan Packages' price analysis, check to measure Roshan Packages' 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 Roshan Packages is operating at the current time. Most of Roshan Packages' value examination focuses on studying past and present price action to predict the probability of Roshan Packages' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roshan Packages' price. Additionally, you may evaluate how the addition of Roshan Packages to your portfolios can decrease your overall portfolio volatility.