Sankyo Stock Forecast - Price Action Indicator

SOK Stock  EUR 12.80  0.40  3.03%   
Sankyo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sankyo's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 29, 2024 Sankyo Co had Price Action Indicator of 0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Sankyo Trading Date Momentum

On December 02 2024 Sankyo Co was traded for  13.30  at the closing time. The highest daily price throughout the period was 13.30  and the lowest price was  13.30 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.76% . The trading price change to current closing price is 1.52% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Sankyo

For every potential investor in Sankyo, whether a beginner or expert, Sankyo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sankyo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sankyo. Basic forecasting techniques help filter out the noise by identifying Sankyo's price trends.

Sankyo 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 Sankyo stock to make a market-neutral strategy. Peer analysis of Sankyo could also be used in its relative valuation, which is a method of valuing Sankyo by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sankyo 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 Sankyo'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 Sankyo's current price.

Sankyo Market Strength Events

Market strength indicators help investors to evaluate how Sankyo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sankyo shares will generate the highest return on investment. By undertsting and applying Sankyo stock market strength indicators, traders can identify Sankyo Co entry and exit signals to maximize returns.

Sankyo Risk Indicators

The analysis of Sankyo'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 Sankyo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sankyo 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.
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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Other Information on Investing in Sankyo Stock

Sankyo financial ratios help investors to determine whether Sankyo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sankyo with respect to the benefits of owning Sankyo security.