Smurfit Kappa Pink Sheet Forecast - Daily Balance Of Power
Smurfit Pink Sheet Forecast is based on your current time horizon.
Smurfit |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.0714 | 0.7647 |
| Check Smurfit Kappa Volatility | Backtest Smurfit Kappa | Trend Details |
Smurfit Kappa Trading Date Momentum
| On March 28 2023 Smurfit Kappa Group was traded for 32.86 at the closing time. The highest daily price throughout the period was 33.14 and the lowest price was 32.68 . The daily volume was 14.8 K. The net trading volume on 03/28/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.27% . The trading price change to current closing price is 2.65% . |
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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Smurfit Kappa 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 Smurfit Kappa pink sheet to make a market-neutral strategy. Peer analysis of Smurfit Kappa could also be used in its relative valuation, which is a method of valuing Smurfit Kappa by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Smurfit Kappa Risk Indicators
The analysis of Smurfit Kappa'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 Smurfit Kappa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting smurfit pink sheet 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 | 1.29 | |||
| Semi Deviation | 1.4 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.93 | |||
| Downside Variance | 2.31 | |||
| Semi Variance | 1.95 | |||
| Expected Short fall | (1.56) |
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.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 industry. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Smurfit Pink Sheet
If you are still planning to invest in Smurfit Kappa Group 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 Smurfit Kappa's history and understand the potential risks before investing.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |