Unique Engineering Stock Forecast - Daily Balance Of Power
| UNIQ Stock | THB 2.82 0.02 0.71% |
Unique Stock Forecast is based on your current time horizon.
Unique |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | 0.3333 |
| Check Unique Engineering Volatility | Backtest Unique Engineering | Trend Details |
Unique Engineering Trading Date Momentum
| On August 17 2023 Unique Engineering and was traded for 2.80 at the closing time. The highest price during the trading period was 2.88 and the lowest recorded bid was listed for 2.74 . The volume for the day was 1.1 M. This history from August 17, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.72% . The trading price change to the current price is 1.44% . |
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 Unique Engineering to competition |
Other Forecasting Options for Unique Engineering
For every potential investor in Unique, whether a beginner or expert, Unique Engineering's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Unique Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Unique. Basic forecasting techniques help filter out the noise by identifying Unique Engineering's price trends.Unique Engineering 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 Unique Engineering stock to make a market-neutral strategy. Peer analysis of Unique Engineering could also be used in its relative valuation, which is a method of valuing Unique Engineering by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Unique Engineering and 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 Unique Engineering'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 Unique Engineering's current price.| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Unique Engineering Market Strength Events
Market strength indicators help investors to evaluate how Unique Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unique Engineering shares will generate the highest return on investment. By undertsting and applying Unique Engineering stock market strength indicators, traders can identify Unique Engineering and entry and exit signals to maximize returns.
Unique Engineering Risk Indicators
The analysis of Unique Engineering'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 Unique Engineering's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unique 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.
| Mean Deviation | 0.8098 | |||
| Semi Deviation | 0.9394 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.22 | |||
| Downside Variance | 2.9 | |||
| Semi Variance | 0.8825 | |||
| Expected Short fall | (2.28) |
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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Unique Engineering financial ratios help investors to determine whether Unique 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 Unique with respect to the benefits of owning Unique Engineering security.