SOFI TECHNOLOGIES Stock Forecast - Daily Balance Of Power
| 6B0 Stock | 14.38 0.31 2.20% |
SOFI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SOFI TECHNOLOGIES's historical fundamentals, such as revenue growth or operating cash flow patterns.
SOFI |
| Check SOFI TECHNOLOGIES Volatility | Backtest SOFI TECHNOLOGIES | Trend Details |
SOFI TECHNOLOGIES Trading Date Momentum
| On June 07 2024 SOFI TECHNOLOGIES was traded for 6.44 at the closing time. The highest daily price throughout the period was 6.44 and the lowest price was 6.39 . The daily volume was 100.0. The net trading volume on 06/07/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.94% . The trading price change to current closing price is 1.10% . |
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 SOFI TECHNOLOGIES
For every potential investor in SOFI, whether a beginner or expert, SOFI TECHNOLOGIES's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SOFI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SOFI. Basic forecasting techniques help filter out the noise by identifying SOFI TECHNOLOGIES's price trends.SOFI TECHNOLOGIES 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 SOFI TECHNOLOGIES stock to make a market-neutral strategy. Peer analysis of SOFI TECHNOLOGIES could also be used in its relative valuation, which is a method of valuing SOFI TECHNOLOGIES by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SOFI TECHNOLOGIES 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 SOFI TECHNOLOGIES'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 SOFI TECHNOLOGIES's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
SOFI TECHNOLOGIES Market Strength Events
Market strength indicators help investors to evaluate how SOFI TECHNOLOGIES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOFI TECHNOLOGIES shares will generate the highest return on investment. By undertsting and applying SOFI TECHNOLOGIES stock market strength indicators, traders can identify SOFI TECHNOLOGIES entry and exit signals to maximize returns.
SOFI TECHNOLOGIES Risk Indicators
The analysis of SOFI TECHNOLOGIES'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 SOFI TECHNOLOGIES's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sofi 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 | 2.75 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.14 | |||
| Downside Variance | 6.79 | |||
| Semi Variance | 4.21 | |||
| Expected Short fall | (3.64) |
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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Additional Information and Resources on Investing in SOFI Stock
When determining whether SOFI TECHNOLOGIES offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SOFI TECHNOLOGIES's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:Check out Historical Fundamental Analysis of SOFI TECHNOLOGIES to cross-verify your projections. For more detail on how to invest in SOFI Stock please use our How to Invest in SOFI TECHNOLOGIES guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.