Union Electric Pink Sheet Forecast - Daily Balance Of Power
| UELMODelisted Stock | USD 65.00 0.00 0.00% |
Union Pink Sheet Forecast is based on your current time horizon.
Union |
| Check Union Electric Volatility | Backtest Union Electric | Trend Details |
Union Electric Trading Date Momentum
| On July 12 2024 Union Electric was traded for 65.00 at the closing time. The highest daily price throughout the period was 65.00 and the lowest price was 65.00 . There was no trading activity during the period 1.0. Lack of trading volume on 07/12/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
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 Union Electric to competition
Union Electric 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 Union Electric pink sheet to make a market-neutral strategy. Peer analysis of Union Electric could also be used in its relative valuation, which is a method of valuing Union Electric by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Union Electric Market Strength Events
Market strength indicators help investors to evaluate how Union Electric 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 Union Electric shares will generate the highest return on investment. By undertsting and applying Union Electric pink sheet market strength indicators, traders can identify Union Electric entry and exit signals to maximize returns.
Union Electric Risk Indicators
The analysis of Union Electric'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 Union Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting union 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 | 0.1642 | |||
| Standard Deviation | 0.5391 | |||
| Variance | 0.2906 |
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 Union Electric
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 Union Electric 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 Union Electric will appreciate offsetting losses from the drop in the long position's value.Moving against Union Pink Sheet
| 0.72 | NGG | National Grid PLC | PairCorr |
| 0.71 | AEP | American Electric Power | PairCorr |
| 0.65 | BKRKY | Bank Rakyat | PairCorr |
| 0.63 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.61 | NGGTF | National Grid plc | PairCorr |
The ability to find closely correlated positions to Union Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Electric 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 Union Electric - 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 Union Electric to buy it.
The correlation of Union Electric 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 Union Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Electric 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 Union Electric 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 population. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Union Pink Sheet
If you are still planning to invest in Union Electric 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 Union Electric's history and understand the potential risks before investing.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |