Power Financial Preferred Stock Forecast - Relative Strength Index
| PWF-PZ Preferred Stock | CAD 20.73 0.15 0.72% |
Power Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Power Financial stock prices and determine the direction of Power Financial Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Power Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Power |
| Check Power Financial Volatility | Backtest Power Financial | Trend Details |
Power Financial Trading Date Momentum
| On November 26 2024 Power Financial Corp was traded for 20.73 at the closing time. The highest price during the trading period was 20.76 and the lowest recorded bid was listed for 20.73 . The volume for the day was 3.1 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.72% . The trading delta at closing time to the current price is 0.57% . |
| Compare Power Financial to competition |
Other Forecasting Options for Power Financial
For every potential investor in Power, whether a beginner or expert, Power Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Power Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Power. Basic forecasting techniques help filter out the noise by identifying Power Financial's price trends.Power Financial 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 Power Financial preferred stock to make a market-neutral strategy. Peer analysis of Power Financial could also be used in its relative valuation, which is a method of valuing Power Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Power Financial Corp Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Power Financial'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 Power Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Power Financial Market Strength Events
Market strength indicators help investors to evaluate how Power Financial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Power Financial shares will generate the highest return on investment. By undertsting and applying Power Financial preferred stock market strength indicators, traders can identify Power Financial Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 4.48 | |||
| Daily Balance Of Power | (5.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 20.75 | |||
| Day Typical Price | 20.74 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.15) |
Power Financial Risk Indicators
The analysis of Power Financial'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 Power Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting power preferred 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.
| Mean Deviation | 0.4011 | |||
| Semi Deviation | 0.5431 | |||
| Standard Deviation | 0.6084 | |||
| Variance | 0.3701 | |||
| Downside Variance | 0.4784 | |||
| Semi Variance | 0.295 | |||
| Expected Short fall | (0.58) |
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 Power Financial
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 Power Financial 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 Power Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Power Preferred Stock
Moving against Power Preferred Stock
The ability to find closely correlated positions to Power Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power Financial 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 Power Financial - 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 Power Financial Corp to buy it.
The correlation of Power Financial 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 Power Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Financial Corp 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 Power Financial 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.Other Information on Investing in Power Preferred Stock
Power Financial financial ratios help investors to determine whether Power Preferred 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 Power with respect to the benefits of owning Power Financial security.