Cloud Air Stock Forecast - Daily Balance Of Power

036170 Stock  KRW 861.00  6.00  0.69%   
Cloud Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cloud Air stock prices and determine the direction of Cloud Air CoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cloud Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 22, 2024 Cloud Air CoLtd had Daily Balance Of Power of 0.3158. Balance of Power indicator (or BOP) measures the strength of Cloud Air CoLtd market sensitivity to bulls and bears. It estimates the ability of Cloud Air buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Cloud Air Balance of Power indicator one can determine a trend of the price direction.
Check Cloud Air VolatilityBacktest Cloud AirTrend Details  

Cloud Air Trading Date Momentum

On November 25 2024 Cloud Air CoLtd was traded for  863.00  at the closing time. The highest price during the trading period was 866.00  and the lowest recorded bid was listed for  840.00 . The volume for the day was 111.9 K. This history from November 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.13% . The overall trading delta to the current price is 2.37% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Cloud Air

For every potential investor in Cloud, whether a beginner or expert, Cloud Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cloud Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cloud. Basic forecasting techniques help filter out the noise by identifying Cloud Air's price trends.

Cloud Air 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 Cloud Air stock to make a market-neutral strategy. Peer analysis of Cloud Air could also be used in its relative valuation, which is a method of valuing Cloud Air by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Cloud Air CoLtd 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 Cloud Air'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 Cloud Air's current price.

Cloud Air Market Strength Events

Market strength indicators help investors to evaluate how Cloud Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cloud Air shares will generate the highest return on investment. By undertsting and applying Cloud Air stock market strength indicators, traders can identify Cloud Air CoLtd entry and exit signals to maximize returns.

Cloud Air Risk Indicators

The analysis of Cloud Air'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 Cloud Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cloud 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.
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 Cloud Air

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 Cloud Air 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 Cloud Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cloud Stock

  0.82108320 LX SemiconPairCorr
  0.86064760 Tokai Carbon KoreaPairCorr
  0.84166090 Hana MaterialsPairCorr

Moving against Cloud Stock

  0.55105560 KB Financial GroupPairCorr
  0.37082270 GemVaxKAEL CoLtdPairCorr
The ability to find closely correlated positions to Cloud Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cloud Air 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 Cloud Air - 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 Cloud Air CoLtd to buy it.
The correlation of Cloud Air 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 Cloud Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cloud Air CoLtd 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 Cloud Air 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Cloud Stock

Cloud Air financial ratios help investors to determine whether Cloud 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 Cloud with respect to the benefits of owning Cloud Air security.