CCFNB Bancorp OTC Stock Forecast - Daily Balance Of Power
| CCFN Stock | USD 36.47 0.63 1.70% |
CCFNB OTC Stock Forecast is based on your current time horizon.
CCFNB |
| Check CCFNB Bancorp Volatility | Backtest CCFNB Bancorp | Trend Details |
CCFNB Bancorp Trading Date Momentum
| On December 02 2022 CCFNB Bancorp was traded for 47.74 at the closing time. The top price for the day was 47.74 and the lowest listed price was 47.74 . The trading volume for the day was 1 K. The trading history from December 2, 2022 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.96% . The overall trading delta against the current closing price is 11.06% . |
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 CCFNB Bancorp
For every potential investor in CCFNB, whether a beginner or expert, CCFNB Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CCFNB OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CCFNB. Basic forecasting techniques help filter out the noise by identifying CCFNB Bancorp's price trends.CCFNB 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 CCFNB Bancorp otc stock to make a market-neutral strategy. Peer analysis of CCFNB Bancorp could also be used in its relative valuation, which is a method of valuing CCFNB Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CCFNB Bancorp Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CCFNB Bancorp'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 CCFNB Bancorp's current price.| Cycle Indicators | ||
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| Volume Indicators |
CCFNB Bancorp Market Strength Events
Market strength indicators help investors to evaluate how CCFNB Bancorp otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CCFNB Bancorp shares will generate the highest return on investment. By undertsting and applying CCFNB Bancorp otc stock market strength indicators, traders can identify CCFNB Bancorp entry and exit signals to maximize returns.
| Accumulation Distribution | 15.04 | |||
| Daily Balance Of Power | (1.19) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 36.74 | |||
| Day Typical Price | 36.65 | |||
| Market Facilitation Index | 5.0E-4 | |||
| Price Action Indicator | (0.58) | |||
| Period Momentum Indicator | (0.63) |
CCFNB Bancorp Risk Indicators
The analysis of CCFNB 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 CCFNB Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ccfnb otc 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 | 1.34 | |||
| Semi Deviation | 1.48 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.59 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 2.2 | |||
| Expected Short fall | (2.10) |
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 CCFNB Bancorp
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 CCFNB Bancorp 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 CCFNB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against CCFNB OTC Stock
| 0.64 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.61 | QLGN | Qualigen Therapeutics | PairCorr |
| 0.61 | SGD | Safe and Green | PairCorr |
| 0.47 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.41 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to CCFNB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCFNB Bancorp 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 CCFNB Bancorp - 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 CCFNB Bancorp to buy it.
The correlation of CCFNB Bancorp 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 CCFNB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCFNB Bancorp 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 CCFNB Bancorp 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.Other Information on Investing in CCFNB OTC Stock
CCFNB Bancorp financial ratios help investors to determine whether CCFNB OTC 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 CCFNB with respect to the benefits of owning CCFNB Bancorp security.