Chi Hua Stock Forecast - Market Facilitation Index
| 1593 Stock | TWD 37.20 0.10 0.27% |
Chi Stock Forecast is based on your current time horizon.
Chi |
| Check Chi Hua Volatility | Backtest Chi Hua | Trend Details |
Chi Hua Trading Date Momentum
| On November 27 2024 Chi Hua Fitness was traded for 37.25 at the closing time. The highest price during the trading period was 37.60 and the lowest recorded bid was listed for 37.25 . The volume for the day was 11.3 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.67% . The overall trading delta to the current price is 1.87% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Chi Hua
For every potential investor in Chi, whether a beginner or expert, Chi Hua's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chi. Basic forecasting techniques help filter out the noise by identifying Chi Hua's price trends.Chi Hua 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 Chi Hua stock to make a market-neutral strategy. Peer analysis of Chi Hua could also be used in its relative valuation, which is a method of valuing Chi Hua by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chi Hua Fitness 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 Chi Hua'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 Chi Hua's current price.| Cycle Indicators | ||
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| Volume Indicators |
Chi Hua Market Strength Events
Market strength indicators help investors to evaluate how Chi Hua stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chi Hua shares will generate the highest return on investment. By undertsting and applying Chi Hua stock market strength indicators, traders can identify Chi Hua Fitness entry and exit signals to maximize returns.
Chi Hua Risk Indicators
The analysis of Chi Hua'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 Chi Hua's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chi 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 | 0.8484 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.1 |
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 Chi Hua
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 Chi Hua 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 Chi Hua will appreciate offsetting losses from the drop in the long position's value.Moving together with Chi Stock
| 0.82 | 9921 | Giant Manufacturing | PairCorr |
| 0.84 | 9914 | Merida Industry | PairCorr |
| 0.75 | 8478 | Alexander Marine | PairCorr |
Moving against Chi Stock
| 0.81 | 2881A | Fubon Financial Holding | PairCorr |
| 0.75 | 2882B | Cathay Financial Holding | PairCorr |
| 0.74 | 6768 | Sports Gear | PairCorr |
| 0.7 | 2891 | CTBC Financial Holding | PairCorr |
| 0.67 | 2885 | Yuanta Financial Holdings | PairCorr |
The ability to find closely correlated positions to Chi Hua could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chi Hua 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 Chi Hua - 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 Chi Hua Fitness to buy it.
The correlation of Chi Hua 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 Chi Hua moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chi Hua Fitness 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 Chi Hua 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.Additional Tools for Chi Stock Analysis
When running Chi Hua's price analysis, check to measure Chi Hua'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 Chi Hua is operating at the current time. Most of Chi Hua's value examination focuses on studying past and present price action to predict the probability of Chi Hua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chi Hua's price. Additionally, you may evaluate how the addition of Chi Hua to your portfolios can decrease your overall portfolio volatility.