California BanCorp Stock Forecast - Daily Balance Of Power
California Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast California BanCorp stock prices and determine the direction of California BanCorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of California BanCorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
California |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.66) | 0.1818 |
| Check California BanCorp Volatility | Backtest California BanCorp | Trend Details |
California BanCorp Trading Date Momentum
| On October 04 2023 California BanCorp was traded for 19.94 at the closing time. The top price for the day was 20.04 and the lowest listed price was 19.83 . The trading volume for the day was 3.2 K. The trading history from October 4, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 4.74% . |
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.
Compare California BanCorp to competition
California BanCorp 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 California BanCorp stock to make a market-neutral strategy. Peer analysis of California BanCorp could also be used in its relative valuation, which is a method of valuing California BanCorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
California BanCorp Risk Indicators
The analysis of California BanCorp'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 California BanCorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting california 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 | 1.04 | |||
| Semi Deviation | 0.8884 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.84 | |||
| Downside Variance | 1.47 | |||
| Semi Variance | 0.7892 | |||
| Expected Short fall | (1.18) |
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.
Also Currently Popular
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in California Stock
If you are still planning to invest in California BanCorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the California BanCorp's history and understand the potential risks before investing.
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