PBND Etf Forecast - Daily Balance Of Power
| PBND Etf | USD 21.77 0.00 0.00% |
PBND Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PBND stock prices and determine the direction of PBND's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PBND's historical fundamentals, such as revenue growth or operating cash flow patterns.
PBND |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.96) | (0.85) |
| Check PBND Volatility | Backtest PBND | Trend Details |
PBND Trading Date Momentum
| On May 17 2023 PBND was traded for 21.84 at the closing time. The top price for the day was 22.15 and the lowest listed price was 21.84 . The trading volume for the day was 168.3 K. The trading history from May 17, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.23% . The trading delta at closing time against the current closing price is 0.05% . |
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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PBND 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 PBND etf to make a market-neutral strategy. Peer analysis of PBND could also be used in its relative valuation, which is a method of valuing PBND by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PBND Market Strength Events
Market strength indicators help investors to evaluate how PBND etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PBND shares will generate the highest return on investment. By undertsting and applying PBND etf market strength indicators, traders can identify PBND entry and exit signals to maximize returns.
PBND Risk Indicators
The analysis of PBND'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 PBND's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pbnd etf 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 | 0.2758 | |||
| Semi Deviation | 0.3281 | |||
| Standard Deviation | 0.3816 | |||
| Variance | 0.1456 | |||
| Downside Variance | 0.1739 | |||
| Semi Variance | 0.1077 | |||
| Expected Short fall | (0.40) |
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.When determining whether PBND is a strong investment it is important to analyze PBND's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PBND's future performance. For an informed investment choice regarding PBND Etf, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of PBND is measured differently than its book value, which is the value of PBND that is recorded on the company's balance sheet. Investors also form their own opinion of PBND's value that differs from its market value or its book value, called intrinsic value, which is PBND's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PBND's market value can be influenced by many factors that don't directly affect PBND's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PBND's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBND is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBND's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.