Challenger Stock Forecast - Daily Balance Of Power
| CGF Stock | 6.22 0.05 0.81% |
Challenger Stock Forecast is based on your current time horizon.
Challenger |
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Challenger Trading Date Momentum
| On November 07 2023 Challenger was traded for 5.68 at the closing time. The maximum traded price for the trading interval was 5.74 and the lowest daily price was 5.65 . The daily volume was recorded at 417.7 K. The volume of trading on 7th of November 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.05% . The overall trading delta to the closing price today is 0.52% . |
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 Challenger
For every potential investor in Challenger, whether a beginner or expert, Challenger's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Challenger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Challenger. Basic forecasting techniques help filter out the noise by identifying Challenger's price trends.Challenger 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 Challenger stock to make a market-neutral strategy. Peer analysis of Challenger could also be used in its relative valuation, which is a method of valuing Challenger by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Challenger 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 Challenger'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 Challenger's current price.| Cycle Indicators | ||
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Challenger Market Strength Events
Market strength indicators help investors to evaluate how Challenger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Challenger shares will generate the highest return on investment. By undertsting and applying Challenger stock market strength indicators, traders can identify Challenger entry and exit signals to maximize returns.
Challenger Risk Indicators
The analysis of Challenger'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 Challenger's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting challenger 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 | 1.23 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 |
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 Challenger Stock Analysis
When running Challenger's price analysis, check to measure Challenger'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 Challenger is operating at the current time. Most of Challenger's value examination focuses on studying past and present price action to predict the probability of Challenger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Challenger's price. Additionally, you may evaluate how the addition of Challenger to your portfolios can decrease your overall portfolio volatility.