POSCO Holdings Stock Forecast - Daily Balance Of Power

PKX Stock  USD 53.92  0.48  0.88%   
POSCO Stock Forecast is based on your current time horizon.
  
At this time, POSCO Holdings' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to rise to 12.49 in 2024, whereas Fixed Asset Turnover is likely to drop 1.52 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 3.8 T in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 72.1 M in 2024.
POSCO Holdings has current Daily Balance Of Power of (0.61). Balance of Power indicator (or BOP) measures the strength of POSCO Holdings market sensitivity to bulls and bears. It estimates the ability of POSCO Holdings buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring POSCO Holdings Balance of Power indicator one can determine a trend of the price direction.
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POSCO Holdings Trading Date Momentum

On November 22 2024 POSCO Holdings was traded for  53.92  at the closing time. Highest POSCO Holdings's price during the trading hours was 54.71  and the lowest price during the day was  53.92 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not cause price change. The trading delta at closing time to current price is 0.89% .
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 POSCO Holdings

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

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

POSCO Holdings 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 POSCO Holdings' 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 POSCO Holdings' current price.

POSCO Holdings Market Strength Events

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

POSCO Holdings Risk Indicators

The analysis of POSCO Holdings' 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 POSCO Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting posco 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.

Additional Tools for POSCO Stock Analysis

When running POSCO Holdings' price analysis, check to measure POSCO Holdings' 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 POSCO Holdings is operating at the current time. Most of POSCO Holdings' value examination focuses on studying past and present price action to predict the probability of POSCO Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO Holdings' price. Additionally, you may evaluate how the addition of POSCO Holdings to your portfolios can decrease your overall portfolio volatility.