Oxurion NV Stock Forecast - Daily Balance Of Power

OXUR Stock   0.30  0.02  7.14%   
Investors can use prediction functions to forecast Oxurion NV's stock prices and determine the direction of Oxurion NV's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Oxurion NV's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
On May 24, 2024 Oxurion NV had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Oxurion NV market sensitivity to bulls and bears. It estimates the ability of Oxurion NV buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Oxurion NV Balance of Power indicator one can determine a trend of the price direction.
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Oxurion NV Trading Date Momentum

On May 27 2024 Oxurion NV was traded for  1.00  at the closing time. The highest price during the trading period was 2.00  and the lowest recorded bid was listed for  1.00 . The volume for the day was 183. This history from May 27, 2024 did not cause price change. The trading delta at closing time to the current price is 100.00% .
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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Other Forecasting Options for Oxurion NV

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

Oxurion NV 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 Oxurion NV stock to make a market-neutral strategy. Peer analysis of Oxurion NV could also be used in its relative valuation, which is a method of valuing Oxurion NV by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Oxurion NV 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 Oxurion NV'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 Oxurion NV's current price.

Oxurion NV Market Strength Events

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

Oxurion NV Risk Indicators

The analysis of Oxurion NV'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 Oxurion NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oxurion 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.

Pair Trading with Oxurion NV

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 Oxurion NV 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 Oxurion NV will appreciate offsetting losses from the drop in the long position's value.

Moving against Oxurion Stock

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The ability to find closely correlated positions to Oxurion NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oxurion NV 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 Oxurion NV - 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 Oxurion NV to buy it.
The correlation of Oxurion NV 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 Oxurion NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oxurion NV 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 Oxurion NV 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.
Pair CorrelationCorrelation Matching

Additional Tools for Oxurion Stock Analysis

When running Oxurion NV's price analysis, check to measure Oxurion NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oxurion NV is operating at the current time. Most of Oxurion NV's value examination focuses on studying past and present price action to predict the probability of Oxurion NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oxurion NV's price. Additionally, you may evaluate how the addition of Oxurion NV to your portfolios can decrease your overall portfolio volatility.