APro Stock Forecast - Daily Balance Of Power
| 262260 Stock | KRW 4,885 10.00 0.21% |
APro Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast APro stock prices and determine the direction of APro Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of APro's historical fundamentals, such as revenue growth or operating cash flow patterns.
APro |
| Check APro Volatility | Backtest APro | Information Ratio |
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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APro 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 APro stock to make a market-neutral strategy. Peer analysis of APro could also be used in its relative valuation, which is a method of valuing APro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
APro Market Strength Events
Market strength indicators help investors to evaluate how APro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading APro shares will generate the highest return on investment. By undertsting and applying APro stock market strength indicators, traders can identify APro Co entry and exit signals to maximize returns.
| Accumulation Distribution | 1204.99 | |||
| Daily Balance Of Power | 0.0606 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 4917.5 | |||
| Day Typical Price | 4906.67 | |||
| Market Facilitation Index | 0.0045 | |||
| Price Action Indicator | (27.50) | |||
| Period Momentum Indicator | 10.0 |
APro Risk Indicators
The analysis of APro'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 APro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting apro 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 | 0.7095 | |||
| Standard Deviation | 0.849 | |||
| Variance | 0.7208 |
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 APro
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 APro 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 APro will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to APro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APro 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 APro - 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 APro Co to buy it.
The correlation of APro 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 APro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APro 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 APro 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Tools for APro Stock
When running APro's price analysis, check to measure APro'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 APro is operating at the current time. Most of APro's value examination focuses on studying past and present price action to predict the probability of APro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APro's price. Additionally, you may evaluate how the addition of APro to your portfolios can decrease your overall portfolio volatility.
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