Bluescope Steel Stock Forecast - Period Momentum Indicator
| BSL Stock | 22.13 0.01 0.05% |
Bluescope Stock Forecast is based on your current time horizon.
Bluescope |
| Check Bluescope Steel Volatility | Backtest Bluescope Steel | Trend Details |
Bluescope Steel Trading Date Momentum
| On November 26 2024 Bluescope Steel was traded for 22.43 at the closing time. The maximum traded price for the trading interval was 22.80 and the lowest daily price was 21.40 . The daily volume was recorded at 1.9 M. The volume of trading on 26th of November 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 5.55% . The overall trading delta to the closing price today is 4.71% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Bluescope Steel
For every potential investor in Bluescope, whether a beginner or expert, Bluescope Steel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bluescope Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bluescope. Basic forecasting techniques help filter out the noise by identifying Bluescope Steel's price trends.Bluescope Steel 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 Bluescope Steel stock to make a market-neutral strategy. Peer analysis of Bluescope Steel could also be used in its relative valuation, which is a method of valuing Bluescope Steel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bluescope Steel 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 Bluescope Steel'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 Bluescope Steel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Bluescope Steel Market Strength Events
Market strength indicators help investors to evaluate how Bluescope Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bluescope Steel shares will generate the highest return on investment. By undertsting and applying Bluescope Steel stock market strength indicators, traders can identify Bluescope Steel entry and exit signals to maximize returns.
Bluescope Steel Risk Indicators
The analysis of Bluescope Steel'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 Bluescope Steel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bluescope 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 | 1.44 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 | |||
| Downside Variance | 3.31 | |||
| Semi Variance | 2.76 | |||
| Expected Short fall | (1.54) |
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 Tools for Bluescope Stock Analysis
When running Bluescope Steel's price analysis, check to measure Bluescope Steel'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 Bluescope Steel is operating at the current time. Most of Bluescope Steel's value examination focuses on studying past and present price action to predict the probability of Bluescope Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluescope Steel's price. Additionally, you may evaluate how the addition of Bluescope Steel to your portfolios can decrease your overall portfolio volatility.