Nam Kim Stock Forecast - Market Facilitation Index
| NKG Stock | 19,350 50.00 0.26% |
Nam Stock Forecast is based on your current time horizon.
Nam |
| Previous Market Facilitation Index | Market Facilitation Index | Trend |
| 3.0E-4 | 1.0E-4 |
| Check Nam Kim Volatility | Backtest Nam Kim | Trend Details |
Nam Kim Trading Date Momentum
| On November 24 2024 Nam Kim Steel was traded for 19,350 at the closing time. The maximum traded price for the trading interval was 19,500 and the lowest daily price was 19,300 . There was no trading activity during the period 0.0. Lack of trading volume on 24th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.26% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Nam Kim
For every potential investor in Nam, whether a beginner or expert, Nam Kim's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nam Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nam. Basic forecasting techniques help filter out the noise by identifying Nam Kim's price trends.Nam Kim 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 Nam Kim stock to make a market-neutral strategy. Peer analysis of Nam Kim could also be used in its relative valuation, which is a method of valuing Nam Kim by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nam Kim Steel 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 Nam Kim'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 Nam Kim's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nam Kim Market Strength Events
Market strength indicators help investors to evaluate how Nam Kim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nam Kim shares will generate the highest return on investment. By undertsting and applying Nam Kim stock market strength indicators, traders can identify Nam Kim Steel entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0103 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19400.0 | |||
| Day Typical Price | 19383.33 | |||
| Market Facilitation Index | 200.0 | |||
| Price Action Indicator | (25.00) | |||
| Period Momentum Indicator | 50.0 | |||
| Relative Strength Index | 16.77 |
Nam Kim Risk Indicators
The analysis of Nam Kim'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 Nam Kim's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nam 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 | 1.16 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 |
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 Nam Kim
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 Nam Kim 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 Nam Kim will appreciate offsetting losses from the drop in the long position's value.Moving together with Nam Stock
Moving against Nam Stock
The ability to find closely correlated positions to Nam Kim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nam Kim 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 Nam Kim - 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 Nam Kim Steel to buy it.
The correlation of Nam Kim 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 Nam Kim moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nam Kim Steel 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 Nam Kim 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 Nam Stock
Nam Kim financial ratios help investors to determine whether Nam 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 Nam with respect to the benefits of owning Nam Kim security.