Investors can use prediction functions to forecast RAFAKO SA's stock prices and determine the direction of RAFAKO SA'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 RAFAKO SA'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 housing.
RAFAKO
On November 22, 2024 RAFAKO SA had Relative Strength Index of 25.27.
On November 25 2024 RAFAKO SA was traded for 0.28 at the closing time. The highest price during the trading period was 0.29 and the lowest recorded bid was listed for 0.27 . The volume for the day was 349.1 K. This history from November 25, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 3.70% . The trading delta at closing time to the current price is 0.00% .
For every potential investor in RAFAKO, whether a beginner or expert, RAFAKO SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RAFAKO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RAFAKO. Basic forecasting techniques help filter out the noise by identifying RAFAKO SA's price trends.
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 RAFAKO SA stock to make a market-neutral strategy. Peer analysis of RAFAKO SA could also be used in its relative valuation, which is a method of valuing RAFAKO SA by comparing valuation metrics with similar companies.
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 RAFAKO SA'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 RAFAKO SA's current price.
Market strength indicators help investors to evaluate how RAFAKO SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RAFAKO SA shares will generate the highest return on investment. By undertsting and applying RAFAKO SA stock market strength indicators, traders can identify RAFAKO SA entry and exit signals to maximize returns.
The analysis of RAFAKO SA'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 RAFAKO SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rafako 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 RAFAKO SA
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 RAFAKO SA 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 RAFAKO SA will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to RAFAKO SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RAFAKO SA 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 RAFAKO SA - 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 RAFAKO SA to buy it.
The correlation of RAFAKO SA 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 RAFAKO SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RAFAKO SA 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 RAFAKO SA 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.
When running RAFAKO SA's price analysis, check to measure RAFAKO SA'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 RAFAKO SA is operating at the current time. Most of RAFAKO SA's value examination focuses on studying past and present price action to predict the probability of RAFAKO SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RAFAKO SA's price. Additionally, you may evaluate how the addition of RAFAKO SA to your portfolios can decrease your overall portfolio volatility.