Wayi International Stock Forecast - Daily Balance Of Power
3086 Stock | TWD 160.50 0.50 0.31% |
Wayi Stock Forecast is based on your current time horizon.
Wayi |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.10) | (0.78) |
Check Wayi International Volatility | Backtest Wayi International | Trend Details |
Wayi International Trading Date Momentum
On November 27 2024 Wayi International Digital was traded for 151.50 at the closing time. The highest price during the trading period was 158.00 and the lowest recorded bid was listed for 150.50 . The volume for the day was 128.9 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 2.26% . The trading price change to the current price is 4.52% . |
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 Wayi International
For every potential investor in Wayi, whether a beginner or expert, Wayi International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wayi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wayi. Basic forecasting techniques help filter out the noise by identifying Wayi International's price trends.Wayi International 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 Wayi International stock to make a market-neutral strategy. Peer analysis of Wayi International could also be used in its relative valuation, which is a method of valuing Wayi International by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Wayi International 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 Wayi International'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 Wayi International's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Wayi International Market Strength Events
Market strength indicators help investors to evaluate how Wayi International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wayi International shares will generate the highest return on investment. By undertsting and applying Wayi International stock market strength indicators, traders can identify Wayi International Digital entry and exit signals to maximize returns.
Wayi International Risk Indicators
The analysis of Wayi International'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 Wayi International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wayi 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 | 2.93 | |||
Standard Deviation | 3.91 | |||
Variance | 15.32 |
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 Wayi International
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 Wayi International 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 Wayi International will appreciate offsetting losses from the drop in the long position's value.Moving together with Wayi Stock
Moving against Wayi Stock
0.71 | 2881A | Fubon Financial Holding | PairCorr |
0.66 | 9904 | Pou Chen Corp | PairCorr |
0.63 | 6180 | Gamania Digital Ente | PairCorr |
0.62 | 2882B | Cathay Financial Holding | PairCorr |
0.49 | 2317 | Hon Hai Precision | PairCorr |
The ability to find closely correlated positions to Wayi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wayi International 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 Wayi International - 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 Wayi International Digital to buy it.
The correlation of Wayi International 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 Wayi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wayi International 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 Wayi International 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 Wayi Stock Analysis
When running Wayi International's price analysis, check to measure Wayi International'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 Wayi International is operating at the current time. Most of Wayi International's value examination focuses on studying past and present price action to predict the probability of Wayi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayi International's price. Additionally, you may evaluate how the addition of Wayi International to your portfolios can decrease your overall portfolio volatility.