HH International Stock Forecast - Daily Balance Of Power
| HH Stock | DKK 79.20 0.20 0.25% |
HH International Stock Forecast is based on your current time horizon.
HH International |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.63) | (0.79) |
| Check HH International Volatility | Backtest HH International | Trend Details |
HH International Trading Date Momentum
| On October 07 2024 HH International AS was traded for 90.90 at the closing time. The highest daily price throughout the period was 91.30 and the lowest price was 88.20 . The daily volume was 24.3 K. The net trading volume on 10/07/2024 added to the next day price boost. The trading delta at closing time to closing price of the next trading day was 2.36% . The trading delta at closing time to current closing price is 3.38% . |
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 HH International
For every potential investor in HH International, whether a beginner or expert, HH International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HH International Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HH International. Basic forecasting techniques help filter out the noise by identifying HH International's price trends.HH International 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 HH International stock to make a market-neutral strategy. Peer analysis of HH International could also be used in its relative valuation, which is a method of valuing HH International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HH International 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 HH International'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 HH International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HH International Market Strength Events
Market strength indicators help investors to evaluate how HH International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HH International shares will generate the highest return on investment. By undertsting and applying HH International stock market strength indicators, traders can identify HH International AS entry and exit signals to maximize returns.
HH International Risk Indicators
The analysis of HH International'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 HH International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hh international 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 | 1.01 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.88 |
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 HH International
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 HH International 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 HH International will appreciate offsetting losses from the drop in the long position's value.Moving together with HH International Stock
Moving against HH International Stock
The ability to find closely correlated positions to HH International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HH International 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 HH International - 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 HH International AS to buy it.
The correlation of HH International 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 HH International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HH International 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 HH International 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.Other Information on Investing in HH International Stock
HH International financial ratios help investors to determine whether HH International 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 HH International with respect to the benefits of owning HH International security.