THK Co Pink Sheet Forecast - Daily Balance Of Power

THKLY Stock  USD 11.80  0.05  0.42%   
THK Pink Sheet Forecast is based on your current time horizon.
  
On November 29, 2024 THK Co Ltd had Daily Balance Of Power of 0.4. Balance of Power indicator (or BOP) measures the strength of THK Co Ltd market sensitivity to bulls and bears. It estimates the ability of THK Co buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring THK Co Balance of Power indicator one can determine a trend of the price direction.
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THK Co Trading Date Momentum

On December 02 2024 THK Co Ltd was traded for  12.28  at the closing time. The highest daily price throughout the period was 12.33  and the lowest price was  12.21 . The daily volume was 41.4 K. The net trading volume on 12/02/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 2.33% . The trading price change to current closing price is 1.17% .
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 THK Co

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

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

THK Co 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 THK Co'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 THK Co's current price.

THK Co Market Strength Events

Market strength indicators help investors to evaluate how THK Co 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 THK Co shares will generate the highest return on investment. By undertsting and applying THK Co pink sheet market strength indicators, traders can identify THK Co Ltd entry and exit signals to maximize returns.

THK Co Risk Indicators

The analysis of THK Co'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 THK Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thk 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 THK Pink Sheet Analysis

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