RHI Magnesita Stock Forecast - Price Action Indicator

RHI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of RHI Magnesita's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 16, 2024 RHI Magnesita NV had Price Action Indicator of 0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check RHI Magnesita VolatilityBacktest RHI MagnesitaInformation Ratio  
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare RHI Magnesita to competition

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

Currently Active Assets on Macroaxis

Other Information on Investing in RHI Stock

RHI Magnesita financial ratios help investors to determine whether RHI 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 RHI with respect to the benefits of owning RHI Magnesita security.