Pacific Health OTC Stock Forecast - Daily Balance Of Power

PFHO Stock  USD 0.83  0.01  1.22%   
Pacific OTC Stock Forecast is based on your current time horizon.
  
On November 9, 2023 Pacific Health Care had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Pacific Health Care market sensitivity to bulls and bears. It estimates the ability of Pacific Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Pacific Health Balance of Power indicator one can determine a trend of the price direction.
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Pacific Health Trading Date Momentum

On November 10 2023 Pacific Health Care was traded for  0.71  at the closing time. The top price for the day was 0.73  and the lowest listed price was  0.68 . The trading volume for the day was 25.5 K. The trading history from November 10, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.05% . The trading delta at closing time against the current closing price is 4.05% .
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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Other Forecasting Options for Pacific Health

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

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

Pacific Health Care Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pacific Health'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 Pacific Health's current price.

Pacific Health Market Strength Events

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

Pacific Health Risk Indicators

The analysis of Pacific Health'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 Pacific Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pacific otc 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 Pacific Health

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 Pacific Health 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 Pacific Health will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Pacific Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Health 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 Pacific Health - 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 Pacific Health Care to buy it.
The correlation of Pacific Health 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 Pacific Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Health Care 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 Pacific Health 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

Other Information on Investing in Pacific OTC Stock

Pacific Health financial ratios help investors to determine whether Pacific OTC 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 Pacific with respect to the benefits of owning Pacific Health security.