Cipher Mining Stock Forecast - Daily Balance Of Power
| CIFR Stock | USD 6.70 0.25 3.88% |
Cipher Stock Forecast is based on your current time horizon. Although Cipher Mining's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cipher Mining's systematic risk associated with finding meaningful patterns of Cipher Mining fundamentals over time.
Cipher |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3095 | (0.21) |
| Check Cipher Mining Volatility | Backtest Cipher Mining | Trend Details |
Cipher Mining Trading Date Momentum
| On September 30 2024 Cipher Mining was traded for 3.87 at the closing time. The top price for the day was 4.11 and the lowest listed price was 3.66 . The trading volume for the day was 8.5 M. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.84% . The overall trading delta against the current closing price is 14.36% . |
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 Cipher Mining to competition |
Other Forecasting Options for Cipher Mining
For every potential investor in Cipher, whether a beginner or expert, Cipher Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cipher Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cipher. Basic forecasting techniques help filter out the noise by identifying Cipher Mining's price trends.Cipher Mining 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 Cipher Mining stock to make a market-neutral strategy. Peer analysis of Cipher Mining could also be used in its relative valuation, which is a method of valuing Cipher Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cipher Mining 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 Cipher Mining'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 Cipher Mining's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Cipher Mining Market Strength Events
Market strength indicators help investors to evaluate how Cipher Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cipher Mining shares will generate the highest return on investment. By undertsting and applying Cipher Mining stock market strength indicators, traders can identify Cipher Mining entry and exit signals to maximize returns.
Cipher Mining Risk Indicators
The analysis of Cipher Mining'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 Cipher Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cipher 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 | 5.4 | |||
| Semi Deviation | 4.56 | |||
| Standard Deviation | 7.22 | |||
| Variance | 52.15 | |||
| Downside Variance | 23.78 | |||
| Semi Variance | 20.83 | |||
| Expected Short fall | (7.44) |
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 Cipher Mining
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 Cipher Mining 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 Cipher Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Cipher Stock
Moving against Cipher Stock
| 0.62 | RC | Ready Capital Corp | PairCorr |
| 0.57 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.46 | EARN | Ellington Residential | PairCorr |
| 0.39 | EMCGR | Embrace Change Acqui | PairCorr |
| 0.37 | PFTAW | Portage Fintech Acqu | PairCorr |
The ability to find closely correlated positions to Cipher Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cipher Mining 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 Cipher Mining - 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 Cipher Mining to buy it.
The correlation of Cipher Mining 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 Cipher Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cipher Mining 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 Cipher Mining 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 Cipher Stock Analysis
When running Cipher Mining's price analysis, check to measure Cipher Mining'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 Cipher Mining is operating at the current time. Most of Cipher Mining's value examination focuses on studying past and present price action to predict the probability of Cipher Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cipher Mining's price. Additionally, you may evaluate how the addition of Cipher Mining to your portfolios can decrease your overall portfolio volatility.