ALSO Holding Stock Forecast - Daily Balance Of Power

0QLW Stock   230.75  2.25  0.98%   
ALSO Stock Forecast is based on your current time horizon.
  
At this time, ALSO Holding's Cash is comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 36 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 238 M in 2024.
On November 7, 2024 ALSO Holding AG had Daily Balance Of Power of 0.8. Balance of Power indicator (or BOP) measures the strength of ALSO Holding AG market sensitivity to bulls and bears. It estimates the ability of ALSO Holding buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ALSO Holding Balance of Power indicator one can determine a trend of the price direction.
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ALSO Holding Trading Date Momentum

On November 08 2024 ALSO Holding AG was traded for  240.00  at the closing time. The highest price during the trading period was 240.00  and the lowest recorded bid was listed for  237.50 . The volume for the day was 2.2 K. This history from November 8, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 0.21% . The overall trading delta to the current price is 0.84% .
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 ALSO Holding

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

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

ALSO Holding AG 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 ALSO Holding'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 ALSO Holding's current price.

ALSO Holding Market Strength Events

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

ALSO Holding Risk Indicators

The analysis of ALSO Holding'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 ALSO Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting also 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for ALSO Stock Analysis

When running ALSO Holding's price analysis, check to measure ALSO Holding'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 ALSO Holding is operating at the current time. Most of ALSO Holding's value examination focuses on studying past and present price action to predict the probability of ALSO Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALSO Holding's price. Additionally, you may evaluate how the addition of ALSO Holding to your portfolios can decrease your overall portfolio volatility.