Next Bt Stock Forecast - Daily Balance Of Power

065170 Stock  KRW 202.00  4.00  1.94%   
Next Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Next Bt stock prices and determine the direction of Next Bt Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Next Bt's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 30, 2023 Next Bt Co had Daily Balance Of Power of 0.5833. Balance of Power indicator (or BOP) measures the strength of Next Bt Co market sensitivity to bulls and bears. It estimates the ability of Next Bt buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Next Bt Balance of Power indicator one can determine a trend of the price direction.
Check Next Bt VolatilityBacktest Next BtTrend Details  

Next Bt Trading Date Momentum

On December 01 2023 Next Bt Co was traded for  502.00  at the closing time. The highest price during the trading period was 515.00  and the lowest recorded bid was listed for  500.00 . The volume for the day was 162.1 K. This history from December 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.57% . The trading delta at closing time to the current price is 26.27% .
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.
Compare Next Bt to competition

Other Forecasting Options for Next Bt

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

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

Next Bt 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 Next Bt'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 Next Bt's current price.

Next Bt Market Strength Events

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

Next Bt Risk Indicators

The analysis of Next Bt'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 Next Bt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting next 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 Next Bt

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 Next Bt 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 Next Bt will appreciate offsetting losses from the drop in the long position's value.

Moving together with Next Stock

  0.85078020 EBEST Investment SecPairCorr
The ability to find closely correlated positions to Next Bt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Next Bt 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 Next Bt - 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 Next Bt Co to buy it.
The correlation of Next Bt 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 Next Bt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Next Bt 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 Next Bt 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 Next Stock

Next Bt financial ratios help investors to determine whether Next 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 Next with respect to the benefits of owning Next Bt security.