Alumindo Light Stock Forecast - Daily Balance Of Power

ALMI Stock  IDR 74.00  0.00  0.00%   
Alumindo Stock Forecast is based on your current time horizon.
  
On March 28, 2024 Alumindo Light Metal had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Alumindo Light Metal market sensitivity to bulls and bears. It estimates the ability of Alumindo Light buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Alumindo Light Balance of Power indicator one can determine a trend of the price direction.
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Alumindo Light Trading Date Momentum

On April 01 2024 Alumindo Light Metal was traded for  66.00  at the closing time. The highest price during the trading period was 66.00  and the lowest recorded bid was listed for  66.00 . The volume for the day was 227.1 K. This history from April 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 9.59% . The overall trading delta to the current price is 17.81% .
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 Alumindo Light

For every potential investor in Alumindo, whether a beginner or expert, Alumindo Light's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alumindo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alumindo. Basic forecasting techniques help filter out the noise by identifying Alumindo Light's price trends.

Alumindo Light 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 Alumindo Light stock to make a market-neutral strategy. Peer analysis of Alumindo Light could also be used in its relative valuation, which is a method of valuing Alumindo Light by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Alumindo Light Metal 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 Alumindo Light'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 Alumindo Light's current price.

Alumindo Light Market Strength Events

Market strength indicators help investors to evaluate how Alumindo Light stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumindo Light shares will generate the highest return on investment. By undertsting and applying Alumindo Light stock market strength indicators, traders can identify Alumindo Light Metal entry and exit signals to maximize returns.

Alumindo Light Risk Indicators

The analysis of Alumindo Light'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 Alumindo Light's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alumindo 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.
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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Other Information on Investing in Alumindo Stock

Alumindo Light financial ratios help investors to determine whether Alumindo 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 Alumindo with respect to the benefits of owning Alumindo Light security.