OnMobile Stock Forecast is based on your current time horizon. Although OnMobile Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of OnMobile Global's systematic risk associated with finding meaningful patterns of OnMobile Global fundamentals over time.
OnMobile Global Limited has current Price Action Indicator of 0.17. 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.
On November 28 2024 OnMobile Global Limited was traded for 77.79 at the closing time. The highest price during the trading period was 78.88 and the lowest recorded bid was listed for 76.77 . The volume for the day was 455.9 K. This history from November 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.13% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
For every potential investor in OnMobile, whether a beginner or expert, OnMobile Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OnMobile Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OnMobile. Basic forecasting techniques help filter out the noise by identifying OnMobile Global's price trends.
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 OnMobile Global stock to make a market-neutral strategy. Peer analysis of OnMobile Global could also be used in its relative valuation, which is a method of valuing OnMobile Global by comparing valuation metrics with similar companies.
OnMobile Global 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 OnMobile Global'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 OnMobile Global's current price.
Market strength indicators help investors to evaluate how OnMobile Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OnMobile Global shares will generate the highest return on investment. By undertsting and applying OnMobile Global stock market strength indicators, traders can identify OnMobile Global Limited entry and exit signals to maximize returns.
The analysis of OnMobile Global'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 OnMobile Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting onmobile 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.
Also Currently Popular
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.
OnMobile Global financial ratios help investors to determine whether OnMobile 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 OnMobile with respect to the benefits of owning OnMobile Global security.