Investors can use prediction functions to forecast Saean's stock prices and determine the direction of Saean Group's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Saean's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out World Market Map 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 nation.
Saean
Saean Group has current Day Typical Price of 3.1. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On November 24 2024 Saean Group was traded for 3.10 at the closing time. The top price for the day was 3.10 and the lowest listed price was 3.10 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in Saean, whether a beginner or expert, Saean's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Saean Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Saean. Basic forecasting techniques help filter out the noise by identifying Saean's price trends.
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 Saean pink sheet to make a market-neutral strategy. Peer analysis of Saean could also be used in its relative valuation, which is a method of valuing Saean by comparing valuation metrics with similar companies.
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Saean'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 Saean's current price.
Market strength indicators help investors to evaluate how Saean pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saean shares will generate the highest return on investment. By undertsting and applying Saean pink sheet market strength indicators, traders can identify Saean Group entry and exit signals to maximize returns.
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 Saean 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 Saean will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Saean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saean 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 Saean - 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 Saean Group to buy it.
The correlation of Saean 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 Saean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saean Group 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 Saean 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.