IHUNT TECHNOLOGY Stock Forecast - Daily Balance Of Power

HUNT Stock   0.40  0.02  4.76%   
Investors can use prediction functions to forecast IHUNT TECHNOLOGY's stock prices and determine the direction of IHUNT TECHNOLOGY IMPORT EXPORT's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of IHUNT TECHNOLOGY's historical fundamentals, such as revenue growth or operating cash flow patterns. 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 board of governors.
  
On May 27, 2024 IHUNT TECHNOLOGY IMPORT EXPORT had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of IHUNT TECHNOLOGY IMPORT EXPORT market sensitivity to bulls and bears. It estimates the ability of IHUNT TECHNOLOGY buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring IHUNT TECHNOLOGY Balance of Power indicator one can determine a trend of the price direction.
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IHUNT TECHNOLOGY Trading Date Momentum

On May 28 2024 IHUNT TECHNOLOGY IMPORT EXPORT was traded for  0.44  at the closing time. The highest price during the trading period was 0.44  and the lowest recorded bid was listed for  0.42 . The volume for the day was 80.9 K. This history from May 28, 2024 did not cause price change. The trading delta at closing time to the current price is 4.55% .
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 IHUNT TECHNOLOGY

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

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

IHUNT TECHNOLOGY IMPORT 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 IHUNT TECHNOLOGY'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 IHUNT TECHNOLOGY's current price.

IHUNT TECHNOLOGY Market Strength Events

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

IHUNT TECHNOLOGY Risk Indicators

The analysis of IHUNT TECHNOLOGY'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 IHUNT TECHNOLOGY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ihunt 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 IHUNT TECHNOLOGY

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 IHUNT TECHNOLOGY 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 IHUNT TECHNOLOGY will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to IHUNT TECHNOLOGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IHUNT TECHNOLOGY 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 IHUNT TECHNOLOGY - 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 IHUNT TECHNOLOGY IMPORT EXPORT to buy it.
The correlation of IHUNT TECHNOLOGY 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 IHUNT TECHNOLOGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IHUNT TECHNOLOGY IMPORT 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 IHUNT TECHNOLOGY 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