HORNBACH Baumarkt Stock Forecast - Daily Balance Of Power
| HBM Stock | EUR 60.50 1.00 1.63% |
HORNBACH Stock Forecast is based on your current time horizon.
HORNBACH |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.50) | 1.0 |
| Check HORNBACH Baumarkt Volatility | Backtest HORNBACH Baumarkt | Trend Details |
HORNBACH Baumarkt Trading Date Momentum
| On November 19 2024 HORNBACH Baumarkt AG was traded for 57.00 at the closing time. The maximum traded price for the trading interval was 57.50 and the lowest daily price was 57.00 . The daily volume was recorded at 100.0. The volume of trading on 19th 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 2.56% . The trading delta at closing time to the closing price today is 0.85% . |
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 HORNBACH Baumarkt
For every potential investor in HORNBACH, whether a beginner or expert, HORNBACH Baumarkt's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HORNBACH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HORNBACH. Basic forecasting techniques help filter out the noise by identifying HORNBACH Baumarkt's price trends.HORNBACH Baumarkt 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 HORNBACH Baumarkt stock to make a market-neutral strategy. Peer analysis of HORNBACH Baumarkt could also be used in its relative valuation, which is a method of valuing HORNBACH Baumarkt by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HORNBACH Baumarkt 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 HORNBACH Baumarkt'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 HORNBACH Baumarkt's current price.| Cycle Indicators | ||
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| Volume Indicators |
HORNBACH Baumarkt Market Strength Events
Market strength indicators help investors to evaluate how HORNBACH Baumarkt stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HORNBACH Baumarkt shares will generate the highest return on investment. By undertsting and applying HORNBACH Baumarkt stock market strength indicators, traders can identify HORNBACH Baumarkt AG entry and exit signals to maximize returns.
HORNBACH Baumarkt Risk Indicators
The analysis of HORNBACH Baumarkt'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 HORNBACH Baumarkt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hornbach 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 | 1.32 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.87 | |||
| Downside Variance | 3.86 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (1.90) |
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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HORNBACH Baumarkt financial ratios help investors to determine whether HORNBACH 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 HORNBACH with respect to the benefits of owning HORNBACH Baumarkt security.