Socket Mobile Stock Forecast - Daily Balance Of Power
| SCKT Stock | USD 1.44 0.01 0.69% |
Socket Stock Forecast is based on your current time horizon.
Socket |
| Check Socket Mobile Volatility | Backtest Socket Mobile | Trend Details |
Socket Mobile Trading Date Momentum
| On June 18 2024 Socket Mobile was traded for 1.13 at the closing time. The top price for the day was 1.18 and the lowest listed price was 1.12 . The trading volume for the day was 6 K. The trading history from June 18, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.80% . The trading price change against the current closing price is 0.90% . |
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 Socket Mobile
For every potential investor in Socket, whether a beginner or expert, Socket Mobile's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Socket Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Socket. Basic forecasting techniques help filter out the noise by identifying Socket Mobile's price trends.Socket Mobile 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 Socket Mobile stock to make a market-neutral strategy. Peer analysis of Socket Mobile could also be used in its relative valuation, which is a method of valuing Socket Mobile by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Socket Mobile 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 Socket Mobile'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 Socket Mobile's current price.| Cycle Indicators | ||
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Socket Mobile Market Strength Events
Market strength indicators help investors to evaluate how Socket Mobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Socket Mobile shares will generate the highest return on investment. By undertsting and applying Socket Mobile stock market strength indicators, traders can identify Socket Mobile entry and exit signals to maximize returns.
Socket Mobile Risk Indicators
The analysis of Socket Mobile'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 Socket Mobile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting socket 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 | 2.24 | |||
| Semi Deviation | 3.0 | |||
| Standard Deviation | 3.86 | |||
| Variance | 14.94 | |||
| Downside Variance | 13.93 | |||
| Semi Variance | 8.99 | |||
| Expected Short fall | (2.80) |
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.
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Additional Tools for Socket Stock Analysis
When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.