MultiPlan Stock Forecast - Value At Risk
| MPLNDelisted Stock | USD 23.15 0.36 1.53% |
MultiPlan Stock Forecast is based on your current time horizon.
MultiPlan |
| Check MultiPlan Volatility | Backtest MultiPlan | Trend Details |
MultiPlan Trading Date Momentum
| On November 25 2024 MultiPlan was traded for 7.30 at the closing time. The top price for the day was 7.45 and the lowest listed price was 6.86 . The trading volume for the day was 62 K. The trading history from November 25, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 5.19% . The trading delta at closing time against the current closing price is 2.31% . |
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Other Forecasting Options for MultiPlan
For every potential investor in MultiPlan, whether a beginner or expert, MultiPlan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MultiPlan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MultiPlan. Basic forecasting techniques help filter out the noise by identifying MultiPlan's price trends.MultiPlan 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 MultiPlan stock to make a market-neutral strategy. Peer analysis of MultiPlan could also be used in its relative valuation, which is a method of valuing MultiPlan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MultiPlan 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 MultiPlan'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 MultiPlan's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MultiPlan Market Strength Events
Market strength indicators help investors to evaluate how MultiPlan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MultiPlan shares will generate the highest return on investment. By undertsting and applying MultiPlan stock market strength indicators, traders can identify MultiPlan entry and exit signals to maximize returns.
MultiPlan Risk Indicators
The analysis of MultiPlan'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 MultiPlan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting multiplan 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 | 7.6 | |||
| Semi Deviation | 6.81 | |||
| Standard Deviation | 15.23 | |||
| Variance | 231.95 | |||
| Downside Variance | 72.45 | |||
| Semi Variance | 46.36 | |||
| Expected Short fall | (9.90) |
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.
Pair Trading with MultiPlan
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 MultiPlan 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 MultiPlan will appreciate offsetting losses from the drop in the long position's value.Moving against MultiPlan Stock
| 0.88 | EXAS | EXACT Sciences | PairCorr |
| 0.76 | EMBC | Embecta Corp | PairCorr |
| 0.62 | DHR | Danaher | PairCorr |
| 0.6 | WST | West Pharmaceutical | PairCorr |
| 0.55 | ADUS | Addus HomeCare | PairCorr |
The ability to find closely correlated positions to MultiPlan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MultiPlan 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 MultiPlan - 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 MultiPlan to buy it.
The correlation of MultiPlan 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 MultiPlan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MultiPlan 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 MultiPlan 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.Check out Historical Fundamental Analysis of MultiPlan to cross-verify your projections. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in MultiPlan Stock
If you are still planning to invest in MultiPlan check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MultiPlan's history and understand the potential risks before investing.
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