Crescent Fibres Stock Forecast - Daily Balance Of Power
| CFL Stock | 43.97 4.37 11.04% |
Crescent |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 1.0 | 0.4995 |
| Check Crescent Fibres Volatility | Backtest Crescent Fibres | Trend Details |
Crescent Fibres Trading Date Momentum
| On October 30 2024 Crescent Fibres Limited was traded for 45.02 at the closing time. The highest price during the trading period was 47.00 and the lowest recorded bid was listed for 44.98 . The volume for the day was 526. This history from October 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 9.91% . The overall trading delta to the current price is 9.99% . |
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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Crescent Fibres 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 Crescent Fibres stock to make a market-neutral strategy. Peer analysis of Crescent Fibres could also be used in its relative valuation, which is a method of valuing Crescent Fibres by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Crescent Fibres Market Strength Events
Market strength indicators help investors to evaluate how Crescent Fibres stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Crescent Fibres shares will generate the highest return on investment. By undertsting and applying Crescent Fibres stock market strength indicators, traders can identify Crescent Fibres Limited entry and exit signals to maximize returns.
Crescent Fibres Risk Indicators
The analysis of Crescent Fibres' 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 Crescent Fibres' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting crescent 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 | 3.14 | |||
| Standard Deviation | 4.75 | |||
| Variance | 22.52 |
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 Crescent Fibres
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 Crescent Fibres 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 Crescent Fibres will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Crescent Fibres could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Fibres 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 Crescent Fibres - 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 Crescent Fibres Limited to buy it.
The correlation of Crescent Fibres 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 Crescent Fibres moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Fibres 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 Crescent Fibres 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 Crescent Stock Analysis
When running Crescent Fibres' price analysis, check to measure Crescent Fibres' 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 Crescent Fibres is operating at the current time. Most of Crescent Fibres' value examination focuses on studying past and present price action to predict the probability of Crescent Fibres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Fibres' price. Additionally, you may evaluate how the addition of Crescent Fibres to your portfolios can decrease your overall portfolio volatility.