Cube Entertainment Stock Forecast - Rate Of Daily Change
| 182360 Stock | KRW 16,380 140.00 0.86% |
Cube Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cube Entertainment stock prices and determine the direction of Cube Entertainment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cube Entertainment's historical fundamentals, such as revenue growth or operating cash flow patterns.
Cube |
| Check Cube Entertainment Volatility | Backtest Cube Entertainment | Trend Details |
Cube Entertainment Trading Date Momentum
| On November 26 2024 Cube Entertainment was traded for 15,800 at the closing time. The highest price during the trading period was 15,810 and the lowest recorded bid was listed for 14,770 . The volume for the day was 155.9 K. This history from November 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.71% . The overall trading delta to the current price is 7.62% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Cube Entertainment to competition |
Other Forecasting Options for Cube Entertainment
For every potential investor in Cube, whether a beginner or expert, Cube Entertainment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cube Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cube. Basic forecasting techniques help filter out the noise by identifying Cube Entertainment's price trends.Cube Entertainment 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 Cube Entertainment stock to make a market-neutral strategy. Peer analysis of Cube Entertainment could also be used in its relative valuation, which is a method of valuing Cube Entertainment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cube Entertainment 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 Cube Entertainment'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 Cube Entertainment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cube Entertainment Market Strength Events
Market strength indicators help investors to evaluate how Cube Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cube Entertainment shares will generate the highest return on investment. By undertsting and applying Cube Entertainment stock market strength indicators, traders can identify Cube Entertainment entry and exit signals to maximize returns.
| Accumulation Distribution | 3786.5 | |||
| Daily Balance Of Power | 0.2188 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 16260.0 | |||
| Day Typical Price | 16300.0 | |||
| Market Facilitation Index | 0.0065 | |||
| Price Action Indicator | 190.0 | |||
| Period Momentum Indicator | 140.0 | |||
| Relative Strength Index | 64.21 |
Cube Entertainment Risk Indicators
The analysis of Cube Entertainment'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 Cube Entertainment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cube 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 | 2.08 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.15 | |||
| Downside Variance | 5.62 | |||
| Semi Variance | 4.4 | |||
| Expected Short fall | (2.82) |
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 Cube Entertainment
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 Cube Entertainment 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 Cube Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Cube Stock
| 0.35 | 005380 | Hyundai Motor | PairCorr |
| 0.34 | 034730 | SK Holdings | PairCorr |
| 0.33 | 055550 | Shinhan Financial | PairCorr |
The ability to find closely correlated positions to Cube Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cube Entertainment 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 Cube Entertainment - 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 Cube Entertainment to buy it.
The correlation of Cube Entertainment 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 Cube Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cube Entertainment 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 Cube Entertainment 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.Other Information on Investing in Cube Stock
Cube Entertainment financial ratios help investors to determine whether Cube 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 Cube with respect to the benefits of owning Cube Entertainment security.