Express Stock Forecast - Day Typical Price
EXPRDelisted Stock | USD 0.76 0.07 10.14% |
Express Stock Forecast is based on your current time horizon.
Express |
Previous Day Typical Price | Day Typical Price | Trend |
0.75 | 0.75 |
Check Express Volatility | Backtest Express | Information Ratio |
Express Trading Date Momentum
On December 11 2024 Express was traded for 0.76 at the closing time. The top price for the day was 0.80 and the lowest listed price was 0.68 . There was no trading activity during the period 0.0. Lack of trading volume on December 11, 2024 did not affect price variability. The overall trading delta against the current closing price is 9.21% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Express to competition
Express 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 Express stock to make a market-neutral strategy. Peer analysis of Express could also be used in its relative valuation, which is a method of valuing Express by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Express Market Strength Events
Market strength indicators help investors to evaluate how Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Express shares will generate the highest return on investment. By undertsting and applying Express stock market strength indicators, traders can identify Express entry and exit signals to maximize returns.
Express Risk Indicators
The analysis of Express' 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 Express' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting express 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 | 3.66 | |||
Standard Deviation | 4.76 | |||
Variance | 22.67 |
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 Express
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 Express 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 Express will appreciate offsetting losses from the drop in the long position's value.Moving together with Express Stock
Moving against Express Stock
0.82 | PTAIF | PT Astra International | PairCorr |
0.76 | CSCO | Cisco Systems | PairCorr |
0.73 | SSNLF | Samsung Electronics | PairCorr |
0.73 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Express 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 Express - 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 Express to buy it.
The correlation of Express 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 Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Express 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 Express 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.Check out Investing Opportunities 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 american community survey. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Express Stock
If you are still planning to invest in Express 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 Express' history and understand the potential risks before investing.
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