Ace Technologies Stock Forecast - Daily Balance Of Power

088800 Stock  KRW 840.00  6.00  0.72%   
Ace Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ace Technologies stock prices and determine the direction of Ace Technologies Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ace Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 16, 2024 Ace Technologies Corp had Daily Balance Of Power of 0.3235. Balance of Power indicator (or BOP) measures the strength of Ace Technologies Corp market sensitivity to bulls and bears. It estimates the ability of Ace Technologies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ace Technologies Balance of Power indicator one can determine a trend of the price direction.
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Ace Technologies Trading Date Momentum

On October 17 2024 Ace Technologies Corp was traded for  911.00  at the closing time. The highest price during the trading period was 952.00  and the lowest recorded bid was listed for  907.00 . The volume for the day was 418.3 K. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.67% . The overall trading delta to the current price is 1.07% .
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 Ace Technologies

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

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

Ace Technologies Corp 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 Ace Technologies' 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 Ace Technologies' current price.

Ace Technologies Market Strength Events

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

Ace Technologies Risk Indicators

The analysis of Ace Technologies' 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 Ace Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ace 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 Ace Technologies

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 Ace Technologies 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 Ace Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Ace Stock

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

Ace Technologies financial ratios help investors to determine whether Ace 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 Ace with respect to the benefits of owning Ace Technologies security.