5N Plus Stock Forecast - Simple Regression
VNP Stock Forecast is based on your current time horizon.
As of today the relative strength index (rsi) of 5N Plus' share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using 5N Plus hype-based prediction, you can estimate the value of 5N Plus from the perspective of 5N Plus response to recently generated media hype and the effects of current headlines on its competitors.
5N Plus after-hype prediction price | CAD 20.36 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
VNP |
5N Plus Additional Predictive Modules
Most predictive techniques to examine VNP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for VNP using various technical indicators. When you analyze VNP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Predictive Modules for 5N Plus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 5N Plus. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.5N Plus 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 5N Plus stock to make a market-neutral strategy. Peer analysis of 5N Plus could also be used in its relative valuation, which is a method of valuing 5N Plus by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
5N Plus Risk Indicators
The analysis of 5N Plus' 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 5N Plus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vnp 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 | 2.51 | |||
| Semi Deviation | 2.55 | |||
| Standard Deviation | 3.12 | |||
| Variance | 9.72 | |||
| Downside Variance | 7.2 | |||
| Semi Variance | 6.5 | |||
| Expected Short fall | (2.94) |
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 5N Plus
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 5N Plus 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 5N Plus will appreciate offsetting losses from the drop in the long position's value.Moving against VNP Stock
The ability to find closely correlated positions to 5N Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 5N Plus 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 5N Plus - 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 5N Plus to buy it.
The correlation of 5N Plus 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 5N Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 5N Plus 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 5N Plus 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.Other Information on Investing in VNP Stock
5N Plus financial ratios help investors to determine whether VNP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VNP with respect to the benefits of owning 5N Plus security.