Tenaga Nasional Stock Forecast - Daily Balance Of Power
| 5347 Stock | 13.66 0.32 2.29% |
Tenaga Stock Forecast is based on your current time horizon.
Tenaga |
| Check Tenaga Nasional Volatility | Backtest Tenaga Nasional | Trend Details |
Tenaga Nasional Trading Date Momentum
| On April 24 2024 Tenaga Nasional Bhd was traded for 11.66 at the closing time. The highest price during the trading period was 11.78 and the lowest recorded bid was listed for 11.46 . The volume for the day was 9.8 M. This history from April 24, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.22% . The trading price change to the current price is 1.56% . |
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 Tenaga Nasional
For every potential investor in Tenaga, whether a beginner or expert, Tenaga Nasional's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tenaga Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tenaga. Basic forecasting techniques help filter out the noise by identifying Tenaga Nasional's price trends.Tenaga Nasional 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 Tenaga Nasional stock to make a market-neutral strategy. Peer analysis of Tenaga Nasional could also be used in its relative valuation, which is a method of valuing Tenaga Nasional by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tenaga Nasional Bhd 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 Tenaga Nasional'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 Tenaga Nasional's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Tenaga Nasional Market Strength Events
Market strength indicators help investors to evaluate how Tenaga Nasional stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenaga Nasional shares will generate the highest return on investment. By undertsting and applying Tenaga Nasional stock market strength indicators, traders can identify Tenaga Nasional Bhd entry and exit signals to maximize returns.
Tenaga Nasional Risk Indicators
The analysis of Tenaga Nasional'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 Tenaga Nasional's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tenaga 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 | 0.7963 | |||
| Semi Deviation | 0.9737 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Downside Variance | 1.24 | |||
| Semi Variance | 0.9481 | |||
| Expected Short fall | (1.05) |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Tenaga Stock
Tenaga Nasional financial ratios help investors to determine whether Tenaga 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 Tenaga with respect to the benefits of owning Tenaga Nasional security.