Sika AG Pink Sheet Forecast - Daily Balance Of Power

SXYAY Stock  USD 25.85  0.01  0.04%   
Sika Pink Sheet Forecast is based on your current time horizon.
  
On October 31, 2024 Sika AG ADR had Daily Balance Of Power of (0.44). Balance of Power indicator (or BOP) measures the strength of Sika AG ADR market sensitivity to bulls and bears. It estimates the ability of Sika AG buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sika AG Balance of Power indicator one can determine a trend of the price direction.
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Sika AG Trading Date Momentum

On November 01 2024 Sika AG ADR was traded for  27.78  at the closing time. The highest daily price throughout the period was 27.94  and the lowest price was  27.71 . The daily volume was 60.2 K. The net trading volume on 11/01/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.14% . The trading price change to current closing price is 0.72% .
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 Sika AG

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

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

Sika AG ADR Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sika AG'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 Sika AG's current price.

Sika AG Market Strength Events

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

Sika AG Risk Indicators

The analysis of Sika AG'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 Sika AG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sika 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.
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.

Additional Tools for Sika Pink Sheet Analysis

When running Sika AG's price analysis, check to measure Sika AG'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 Sika AG is operating at the current time. Most of Sika AG's value examination focuses on studying past and present price action to predict the probability of Sika AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sika AG's price. Additionally, you may evaluate how the addition of Sika AG to your portfolios can decrease your overall portfolio volatility.