SUNEX SA Stock Forecast - Market Facilitation Index
| SNX Stock | 7.30 0.29 3.82% |
SUNEX |
| Check SUNEX SA Volatility | Backtest SUNEX SA | Information Ratio |
SUNEX SA Trading Date Momentum
| On November 30 2024 SUNEX SA was traded for 7.30 at the closing time. The highest price during the trading period was 7.60 and the lowest recorded bid was listed for 7.18 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.10% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for SUNEX SA
For every potential investor in SUNEX, whether a beginner or expert, SUNEX SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SUNEX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SUNEX. Basic forecasting techniques help filter out the noise by identifying SUNEX SA's price trends.SUNEX SA 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 SUNEX SA stock to make a market-neutral strategy. Peer analysis of SUNEX SA could also be used in its relative valuation, which is a method of valuing SUNEX SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SUNEX SA 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 SUNEX SA'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 SUNEX SA's current price.| Cycle Indicators | ||
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| Volume Indicators |
SUNEX SA Market Strength Events
Market strength indicators help investors to evaluate how SUNEX SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SUNEX SA shares will generate the highest return on investment. By undertsting and applying SUNEX SA stock market strength indicators, traders can identify SUNEX SA entry and exit signals to maximize returns.
SUNEX SA Risk Indicators
The analysis of SUNEX SA'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 SUNEX SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sunex 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 | 1.26 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.65 |
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 SUNEX SA
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 SUNEX SA 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 SUNEX SA will appreciate offsetting losses from the drop in the long position's value.Moving together with SUNEX Stock
Moving against SUNEX Stock
| 0.75 | DNP | Dino Polska SA | PairCorr |
| 0.73 | CEZ | CEZ as | PairCorr |
| 0.57 | UCG | UniCredit SpA | PairCorr |
| 0.45 | SAN | Banco Santander SA | PairCorr |
The ability to find closely correlated positions to SUNEX SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SUNEX SA 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 SUNEX SA - 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 SUNEX SA to buy it.
The correlation of SUNEX SA 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 SUNEX SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SUNEX SA 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 SUNEX SA 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 SUNEX Stock Analysis
When running SUNEX SA's price analysis, check to measure SUNEX SA'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 SUNEX SA is operating at the current time. Most of SUNEX SA's value examination focuses on studying past and present price action to predict the probability of SUNEX SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SUNEX SA's price. Additionally, you may evaluate how the addition of SUNEX SA to your portfolios can decrease your overall portfolio volatility.