Haivision Systems Stock Forecast - Daily Balance Of Power

HAI Stock  CAD 4.94  0.02  0.41%   
Haivision Stock Forecast is based on your current time horizon. Although Haivision Systems' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Haivision Systems' systematic risk associated with finding meaningful patterns of Haivision Systems fundamentals over time.
  
At this time, Haivision Systems' Inventory Turnover is very stable compared to the past year. As of the 26th of November 2024, Asset Turnover is likely to grow to 1.29, while Payables Turnover is likely to drop 3.31. . As of the 26th of November 2024, Common Stock Shares Outstanding is likely to drop to about 26.1 M. In addition to that, Net Loss is likely to grow to about (5.3 M).
On November 19, 2024 Haivision Systems had Daily Balance Of Power of 0.4444. Balance of Power indicator (or BOP) measures the strength of Haivision Systems market sensitivity to bulls and bears. It estimates the ability of Haivision Systems buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Haivision Systems Balance of Power indicator one can determine a trend of the price direction.
Check Haivision Systems VolatilityBacktest Haivision SystemsTrend Details  

Haivision Systems Trading Date Momentum

On November 20 2024 Haivision Systems was traded for  5.10  at the closing time. The maximum traded price for the trading interval was 5.21  and the lowest daily price was  5.10 . The daily volume was recorded at 26.6 K. The volume of trading on 20th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.54% . The trading delta at closing time to the closing price today is 4.25% .
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 Haivision Systems to competition

Other Forecasting Options for Haivision Systems

For every potential investor in Haivision, whether a beginner or expert, Haivision Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Haivision Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Haivision. Basic forecasting techniques help filter out the noise by identifying Haivision Systems' price trends.

Haivision Systems 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 Haivision Systems stock to make a market-neutral strategy. Peer analysis of Haivision Systems could also be used in its relative valuation, which is a method of valuing Haivision Systems by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Haivision Systems 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 Haivision Systems' 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 Haivision Systems' current price.

Haivision Systems Market Strength Events

Market strength indicators help investors to evaluate how Haivision Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Haivision Systems shares will generate the highest return on investment. By undertsting and applying Haivision Systems stock market strength indicators, traders can identify Haivision Systems entry and exit signals to maximize returns.

Haivision Systems Risk Indicators

The analysis of Haivision Systems' 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 Haivision Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting haivision 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.
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 Haivision Systems

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 Haivision Systems 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 Haivision Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Haivision Stock

  0.75ETG Entree ResourcesPairCorr
  0.63NVDA NVIDIA CDRPairCorr
  0.58EXN Excellon ResourcesPairCorr
  0.51IMP Intermap TechnologiesPairCorr
  0.49VGZ Vista GoldPairCorr
The ability to find closely correlated positions to Haivision Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haivision Systems 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 Haivision Systems - 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 Haivision Systems to buy it.
The correlation of Haivision Systems 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 Haivision Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haivision Systems 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 Haivision Systems 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Haivision Stock

Haivision Systems financial ratios help investors to determine whether Haivision Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Haivision with respect to the benefits of owning Haivision Systems security.