KSD Stock Forecast - Daily Balance Of Power
| KSD Stock | 4,700 0.00 0.00% |
KSD Stock Forecast is based on your current time horizon.
KSD |
| Check KSD Volatility | Backtest KSD | Trend Details |
KSD Trading Date Momentum
| On October 16 2024 KSD was traded for 4,800 at the closing time. The maximum traded price for the trading interval was 4,800 and the lowest daily price was 4,700 . The daily volume was recorded at 10.5 K. The volume of trading on 16th of October 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 2.13% . The trading delta at closing time to the closing price today is 2.13% . |
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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KSD 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 KSD stock to make a market-neutral strategy. Peer analysis of KSD could also be used in its relative valuation, which is a method of valuing KSD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
KSD Market Strength Events
Market strength indicators help investors to evaluate how KSD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KSD shares will generate the highest return on investment. By undertsting and applying KSD stock market strength indicators, traders can identify KSD entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0208 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 4750.0 | |||
| Day Typical Price | 4733.33 | |||
| Market Facilitation Index | 100.0 | |||
| Price Action Indicator | (50.00) |
Pair Trading with KSD
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 KSD 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 KSD will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to KSD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KSD 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 KSD - 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 KSD to buy it.
The correlation of KSD 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 KSD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KSD 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 KSD 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 KSD Stock
KSD financial ratios help investors to determine whether KSD 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 KSD with respect to the benefits of owning KSD security.