GSR II Stock Forecast - Daily Balance Of Power
| GSRMRDelisted Stock | USD 3.14 0.11 3.63% |
GSR Stock Forecast is based on your current time horizon.
GSR |
| Check GSR II Volatility | Backtest GSR II | Trend Details |
GSR II Trading Date Momentum
| On May 31 2023 GSR II Meteora was traded for 1.22 at the closing time. The highest daily price throughout the period was 1.47 and the lowest price was 1.22 . The daily volume was 5.7 K. The net trading volume on 05/31/2023 did not cause price change. The overall trading delta to current closing price is 13.11% . |
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 GSR II to competition
GSR II 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 GSR II stock to make a market-neutral strategy. Peer analysis of GSR II could also be used in its relative valuation, which is a method of valuing GSR II by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GSR II Market Strength Events
Market strength indicators help investors to evaluate how GSR II stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GSR II shares will generate the highest return on investment. By undertsting and applying GSR II stock market strength indicators, traders can identify GSR II Meteora entry and exit signals to maximize returns.
GSR II Risk Indicators
The analysis of GSR II'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 GSR II's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gsr 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 | 5.61 | |||
| Semi Deviation | 3.16 | |||
| Standard Deviation | 11.15 | |||
| Variance | 124.39 | |||
| Downside Variance | 44.19 | |||
| Semi Variance | 9.95 | |||
| Expected Short fall | (9.52) |
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 GSR II
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 GSR II 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 GSR II will appreciate offsetting losses from the drop in the long position's value.Moving against GSR Stock
| 0.77 | GOEVW | Canoo Holdings | PairCorr |
| 0.73 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.71 | PIFMF | PT Indofood Sukses | PairCorr |
| 0.54 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.44 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to GSR II could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GSR II 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 GSR II - 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 GSR II Meteora to buy it.
The correlation of GSR II 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 GSR II moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GSR II Meteora 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 GSR II 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 Risk vs Return Analysis 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 population. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in GSR Stock
If you are still planning to invest in GSR II Meteora 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 GSR II's history and understand the potential risks before investing.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |