Concrete Pumping Stock Forecast - Sortino Ratio
| BBCP Stock | USD 7.37 0.03 0.41% |
Concrete Stock Forecast is based on your current time horizon. Although Concrete Pumping's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Concrete Pumping's systematic risk associated with finding meaningful patterns of Concrete Pumping fundamentals over time.
Concrete |
Open Interest Against 2024-12-20 Concrete Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Concrete Pumping's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Concrete Pumping's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Concrete Pumping stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Concrete Pumping's open interest, investors have to compare it to Concrete Pumping's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Concrete Pumping is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Concrete. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Concrete Pumping Volatility | Backtest Concrete Pumping | Trend Details |
Concrete Pumping Trading Date Momentum
| On November 26 2024 Concrete Pumping Holdings was traded for 6.71 at the closing time. The top price for the day was 6.91 and the lowest listed price was 6.55 . The trading volume for the day was 110 K. The trading history from November 26, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.98% . The overall trading delta against the current closing price is 6.23% . |
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Other Forecasting Options for Concrete Pumping
For every potential investor in Concrete, whether a beginner or expert, Concrete Pumping's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Concrete Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Concrete. Basic forecasting techniques help filter out the noise by identifying Concrete Pumping's price trends.View Concrete Pumping Related Equities
| Risk & Return | Correlation |
Concrete Pumping Holdings 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 Concrete Pumping'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 Concrete Pumping's current price.| Cycle Indicators | ||
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Concrete Pumping Market Strength Events
Market strength indicators help investors to evaluate how Concrete Pumping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concrete Pumping shares will generate the highest return on investment. By undertsting and applying Concrete Pumping stock market strength indicators, traders can identify Concrete Pumping Holdings entry and exit signals to maximize returns.
Concrete Pumping Risk Indicators
The analysis of Concrete Pumping'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 Concrete Pumping's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting concrete 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 | 1.82 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.73 | |||
| Downside Variance | 3.14 | |||
| Semi Variance | 1.97 | |||
| Expected Short fall | (2.41) |
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 Concrete Pumping
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 Concrete Pumping 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 Concrete Pumping will appreciate offsetting losses from the drop in the long position's value.Moving together with Concrete Stock
| 0.65 | ESOA | Energy Services Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Concrete Pumping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concrete Pumping 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 Concrete Pumping - 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 Concrete Pumping Holdings to buy it.
The correlation of Concrete Pumping 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 Concrete Pumping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concrete Pumping Holdings 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 Concrete Pumping 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 Concrete Stock Analysis
When running Concrete Pumping's price analysis, check to measure Concrete Pumping'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 Concrete Pumping is operating at the current time. Most of Concrete Pumping's value examination focuses on studying past and present price action to predict the probability of Concrete Pumping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concrete Pumping's price. Additionally, you may evaluate how the addition of Concrete Pumping to your portfolios can decrease your overall portfolio volatility.