Old Mutual Stock Forecast - Price Action Indicator

OMU Stock   1,269  1.00  0.08%   
Old Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Old Mutual stock prices and determine the direction of Old Mutual's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Old Mutual's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 28, 2024 Old Mutual had Price Action Indicator of (9.00). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Old Mutual Trading Date Momentum

On November 29 2024 Old Mutual was traded for  1,269  at the closing time. The highest price during the trading period was 1,278  and the lowest recorded bid was listed for  1,254 . The volume for the day was 9.8 M. This history from November 29, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.08% . The trading delta at closing time to the current price is 0.24% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Old Mutual

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

Old Mutual 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 Old Mutual stock to make a market-neutral strategy. Peer analysis of Old Mutual could also be used in its relative valuation, which is a method of valuing Old Mutual by comparing valuation metrics with similar companies.
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Old Mutual 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 Old Mutual'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 Old Mutual's current price.

Old Mutual Market Strength Events

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

Old Mutual Risk Indicators

The analysis of Old Mutual'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 Old Mutual's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting old 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Old Stock

Old Mutual financial ratios help investors to determine whether Old 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 Old with respect to the benefits of owning Old Mutual security.