Salon City Stock Forecast - Daily Balance Of Power
| SALN Stock | USD 0.0001 0.00 0.00% |
Salon Stock Forecast is based on your current time horizon. Although Salon City's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Salon City's systematic risk associated with finding meaningful patterns of Salon City fundamentals over time.
Salon |
| Check Salon City Volatility | Backtest Salon City | Trend Details |
Salon City Trading Date Momentum
| On September 05 2023 Salon City was traded for 0.0001 at the closing time. The top price for the day was 0.0001 and the lowest listed price was 0.0001 . There was no trading activity during the period 1.0. Lack of trading volume on September 5, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% . |
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 Salon City
For every potential investor in Salon, whether a beginner or expert, Salon City's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Salon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Salon. Basic forecasting techniques help filter out the noise by identifying Salon City's price trends.Salon City 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 Salon City stock to make a market-neutral strategy. Peer analysis of Salon City could also be used in its relative valuation, which is a method of valuing Salon City by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Salon City 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 Salon City'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 Salon City's current price.| Cycle Indicators | ||
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Salon City Market Strength Events
Market strength indicators help investors to evaluate how Salon City stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salon City shares will generate the highest return on investment. By undertsting and applying Salon City stock market strength indicators, traders can identify Salon City entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Pair Trading with Salon City
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 Salon City 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 Salon City will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Salon City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salon City 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 Salon City - 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 Salon City to buy it.
The correlation of Salon City 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 Salon City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salon City 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 Salon City 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.Check out Historical Fundamental Analysis of Salon City to cross-verify your projections. To learn how to invest in Salon Stock, please use our How to Invest in Salon City guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Publishing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salon City. If investors know Salon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salon City listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.024 | Quarterly Revenue Growth (0.97) | Return On Assets (1.21) |
The market value of Salon City is measured differently than its book value, which is the value of Salon that is recorded on the company's balance sheet. Investors also form their own opinion of Salon City's value that differs from its market value or its book value, called intrinsic value, which is Salon City's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salon City's market value can be influenced by many factors that don't directly affect Salon City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salon City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salon City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salon City's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.