Smartphoto Group Stock Forecast - Price Action Indicator
| SMAR Stock | EUR 24.00 0.30 1.23% |
Smartphoto Stock Forecast is based on your current time horizon.
Smartphoto |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.2 | (0.30) |
| Check Smartphoto Group Volatility | Backtest Smartphoto Group | Information Ratio |
Smartphoto Group Trading Date Momentum
| On November 28 2024 Smartphoto Group NV was traded for 24.00 at the closing time. The highest price during the trading period was 24.30 and the lowest recorded bid was listed for 24.00 . The volume for the day was 1.8 K. This history from November 28, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.42% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Smartphoto Group
For every potential investor in Smartphoto, whether a beginner or expert, Smartphoto Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Smartphoto Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Smartphoto. Basic forecasting techniques help filter out the noise by identifying Smartphoto Group's price trends.Smartphoto Group 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 Smartphoto Group stock to make a market-neutral strategy. Peer analysis of Smartphoto Group could also be used in its relative valuation, which is a method of valuing Smartphoto Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Smartphoto Group 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 Smartphoto Group'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 Smartphoto Group's current price.| Cycle Indicators | ||
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Smartphoto Group Market Strength Events
Market strength indicators help investors to evaluate how Smartphoto Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smartphoto Group shares will generate the highest return on investment. By undertsting and applying Smartphoto Group stock market strength indicators, traders can identify Smartphoto Group NV entry and exit signals to maximize returns.
Smartphoto Group Risk Indicators
The analysis of Smartphoto Group'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 Smartphoto Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting smartphoto 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 | 0.7222 | |||
| Standard Deviation | 0.9508 | |||
| Variance | 0.904 |
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 Smartphoto Group
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 Smartphoto Group 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 Smartphoto Group will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Smartphoto Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartphoto Group 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 Smartphoto Group - 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 Smartphoto Group NV to buy it.
The correlation of Smartphoto Group 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 Smartphoto Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartphoto 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 Smartphoto Group 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 Smartphoto Stock Analysis
When running Smartphoto Group's price analysis, check to measure Smartphoto Group'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 Smartphoto Group is operating at the current time. Most of Smartphoto Group's value examination focuses on studying past and present price action to predict the probability of Smartphoto Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartphoto Group's price. Additionally, you may evaluate how the addition of Smartphoto Group to your portfolios can decrease your overall portfolio volatility.