SoFi Next Etf Forecast - Daily Balance Of Power
| SFYX Etf | USD 15.79 0.11 0.70% |
SoFi Etf Forecast is based on your current time horizon.
SoFi |
Open Interest Against 2024-12-20 SoFi Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast SoFi Next's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in SoFi Next's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for SoFi Next stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current SoFi Next's open interest, investors have to compare it to SoFi Next's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of SoFi Next is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in SoFi. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2857 | 0.9167 |
| Check SoFi Next Volatility | Backtest SoFi Next | Trend Details |
SoFi Next Trading Date Momentum
| On November 22 2024 SoFi Next 500 was traded for 15.58 at the closing time. The top price for the day was 15.58 and the lowest listed price was 15.38 . The trading volume for the day was 23.8 K. The trading history from November 22, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.56% . The trading price change against the current closing price is 2.54% . |
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 SoFi Next
For every potential investor in SoFi, whether a beginner or expert, SoFi Next's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SoFi Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SoFi. Basic forecasting techniques help filter out the noise by identifying SoFi Next's price trends.SoFi Next 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 SoFi Next etf to make a market-neutral strategy. Peer analysis of SoFi Next could also be used in its relative valuation, which is a method of valuing SoFi Next by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SoFi Next 500 Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SoFi Next'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 SoFi Next's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SoFi Next Market Strength Events
Market strength indicators help investors to evaluate how SoFi Next etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SoFi Next shares will generate the highest return on investment. By undertsting and applying SoFi Next etf market strength indicators, traders can identify SoFi Next 500 entry and exit signals to maximize returns.
SoFi Next Risk Indicators
The analysis of SoFi Next'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 SoFi Next's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sofi etf 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 | 0.8684 | |||
| Semi Deviation | 0.9896 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Downside Variance | 1.6 | |||
| Semi Variance | 0.9793 | |||
| Expected Short fall | (0.92) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SoFi Next 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Next's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Next 500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Next 500 Etf:Check out Historical Fundamental Analysis of SoFi Next to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of SoFi Next 500 is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Next's value that differs from its market value or its book value, called intrinsic value, which is SoFi Next'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 SoFi Next's market value can be influenced by many factors that don't directly affect SoFi Next'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 SoFi Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Next'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.