Sientra Stock Forecast - Daily Balance Of Power
| SIENDelisted Stock | USD 4.29 0.37 9.44% |
Sientra Stock Forecast is based on your current time horizon.
Sientra |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.53) | 0.3333 |
| Check Sientra Volatility | Backtest Sientra | Trend Details |
Sientra Trading Date Momentum
| On June 22 2023 Sientra was traded for 2.22 at the closing time. The top price for the day was 2.29 and the lowest listed price was 2.19 . The trading volume for the day was 155.2 K. The trading history from June 22, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.72% . The trading price change against the current closing price is 7.30% . |
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.
Compare Sientra to competition
View Sientra Related Equities
| Risk & Return | Correlation |
Sientra Market Strength Events
Market strength indicators help investors to evaluate how Sientra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sientra shares will generate the highest return on investment. By undertsting and applying Sientra stock market strength indicators, traders can identify Sientra entry and exit signals to maximize returns.
Sientra Risk Indicators
The analysis of Sientra'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 Sientra's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sientra 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 | 7.84 | |||
| Semi Deviation | 7.64 | |||
| Standard Deviation | 11.53 | |||
| Variance | 132.99 | |||
| Downside Variance | 73.73 | |||
| Semi Variance | 58.43 | |||
| Expected Short fall | (10.30) |
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 Sientra
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 Sientra 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 Sientra will appreciate offsetting losses from the drop in the long position's value.Moving against Sientra Stock
| 0.91 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.88 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.88 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.87 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.86 | BKRKY | Bank Rakyat | PairCorr |
The ability to find closely correlated positions to Sientra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sientra 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 Sientra - 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 Sientra to buy it.
The correlation of Sientra 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 Sientra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sientra 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 Sientra 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 World Market Map 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 income. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Sientra Stock
If you are still planning to invest in Sientra check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sientra's history and understand the potential risks before investing.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |