Skyline Investment Stock Forecast - Period Momentum Indicator
SKL Stock | 1.56 0.01 0.65% |
Skyline Stock Forecast is based on your current time horizon.
Skyline |
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Skyline Investment Trading Date Momentum
On November 26 2024 Skyline Investment SA was traded for 1.56 at the closing time. The highest price during the trading period was 1.56 and the lowest recorded bid was listed for 1.56 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
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 Skyline Investment
For every potential investor in Skyline, whether a beginner or expert, Skyline Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Skyline Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Skyline. Basic forecasting techniques help filter out the noise by identifying Skyline Investment's price trends.Skyline Investment 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 Skyline Investment stock to make a market-neutral strategy. Peer analysis of Skyline Investment could also be used in its relative valuation, which is a method of valuing Skyline Investment by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Skyline Investment 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 Skyline Investment'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 Skyline Investment's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Skyline Investment Market Strength Events
Market strength indicators help investors to evaluate how Skyline Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skyline Investment shares will generate the highest return on investment. By undertsting and applying Skyline Investment stock market strength indicators, traders can identify Skyline Investment SA entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 1.56 | |||
Day Typical Price | 1.56 | |||
Price Action Indicator | 0.005 | |||
Period Momentum Indicator | 0.01 | |||
Relative Strength Index | 44.46 |
Skyline Investment Risk Indicators
The analysis of Skyline Investment'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 Skyline Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skyline 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 | 1.09 | |||
Semi Deviation | 1.73 | |||
Standard Deviation | 2.3 | |||
Variance | 5.3 | |||
Downside Variance | 18.11 | |||
Semi Variance | 3.0 | |||
Expected Short fall | (3.30) |
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 Skyline Investment
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 Skyline Investment 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 Skyline Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Skyline Stock
The ability to find closely correlated positions to Skyline Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skyline Investment 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 Skyline Investment - 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 Skyline Investment SA to buy it.
The correlation of Skyline Investment 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 Skyline Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skyline Investment 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 Skyline Investment 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 Skyline Stock Analysis
When running Skyline Investment's price analysis, check to measure Skyline Investment's 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 Skyline Investment is operating at the current time. Most of Skyline Investment's value examination focuses on studying past and present price action to predict the probability of Skyline Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline Investment's price. Additionally, you may evaluate how the addition of Skyline Investment to your portfolios can decrease your overall portfolio volatility.