Jin Air Stock Forecast - Day Typical Price
| 272450 Stock | 11,830 1,060 9.84% |
Jin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jin Air stock prices and determine the direction of Jin Air Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jin Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
Jin |
| Previous Day Typical Price | Day Typical Price | Trend |
| 11186.67 | 11060.0 |
| Check Jin Air Volatility | Backtest Jin Air | Trend Details |
Jin Air Trading Date Momentum
| On November 22 2024 Jin Air Co was traded for 10,760 at the closing time. The highest price during the trading period was 11,070 and the lowest recorded bid was listed for 10,730 . The volume for the day was 183.1 K. This history from November 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.54% . The trading delta at closing time to the current price is 2.45% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Jin Air to competition |
Other Forecasting Options for Jin Air
For every potential investor in Jin, whether a beginner or expert, Jin Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jin. Basic forecasting techniques help filter out the noise by identifying Jin Air's price trends.Jin Air 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 Jin Air stock to make a market-neutral strategy. Peer analysis of Jin Air could also be used in its relative valuation, which is a method of valuing Jin Air by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jin Air 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 Jin Air'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 Jin Air's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Jin Air Market Strength Events
Market strength indicators help investors to evaluate how Jin Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jin Air shares will generate the highest return on investment. By undertsting and applying Jin Air stock market strength indicators, traders can identify Jin Air Co entry and exit signals to maximize returns.
| Accumulation Distribution | 76792.83 | |||
| Daily Balance Of Power | 0.9907 | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 11305.0 | |||
| Day Typical Price | 11480.0 | |||
| Market Facilitation Index | 0.0013 | |||
| Price Action Indicator | 1055.0 | |||
| Period Momentum Indicator | 1060.0 |
Jin Air Risk Indicators
The analysis of Jin Air'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 Jin Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jin 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 | 2.01 | |||
| Semi Deviation | 1.91 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.5 | |||
| Downside Variance | 4.16 | |||
| Semi Variance | 3.67 | |||
| Expected Short fall | (2.63) |
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 Jin Air
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 Jin Air 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 Jin Air will appreciate offsetting losses from the drop in the long position's value.Moving together with Jin Stock
Moving against Jin Stock
The ability to find closely correlated positions to Jin Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jin Air 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 Jin Air - 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 Jin Air Co to buy it.
The correlation of Jin Air 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 Jin Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jin Air 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 Jin Air 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 Jin Stock
Jin Air financial ratios help investors to determine whether Jin 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 Jin with respect to the benefits of owning Jin Air security.