Vakomtek Stock Forecast - Day Typical Price
| VKT Stock | 0.92 0.00 0.00% |
Vakomtek |
| Check Vakomtek Volatility | Backtest Vakomtek | Trend Details |
Vakomtek Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Vakomtek to competition
Vakomtek 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 Vakomtek stock to make a market-neutral strategy. Peer analysis of Vakomtek could also be used in its relative valuation, which is a method of valuing Vakomtek by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Vakomtek Market Strength Events
Market strength indicators help investors to evaluate how Vakomtek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vakomtek shares will generate the highest return on investment. By undertsting and applying Vakomtek stock market strength indicators, traders can identify Vakomtek entry and exit signals to maximize returns.
Vakomtek Risk Indicators
The analysis of Vakomtek'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 Vakomtek's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vakomtek 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 | 5.63 | |||
| Standard Deviation | 7.94 | |||
| Variance | 63.02 |
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 Vakomtek
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 Vakomtek 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 Vakomtek will appreciate offsetting losses from the drop in the long position's value.Moving together with Vakomtek Stock
Moving against Vakomtek Stock
| 0.67 | DNP | Dino Polska SA | PairCorr |
| 0.66 | SAN | Banco Santander SA | PairCorr |
| 0.62 | UCG | UniCredit SpA | PairCorr |
| 0.57 | CEZ | CEZ as | PairCorr |
The ability to find closely correlated positions to Vakomtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vakomtek 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 Vakomtek - 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 Vakomtek to buy it.
The correlation of Vakomtek 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 Vakomtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vakomtek 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 Vakomtek 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.Additional Tools for Vakomtek Stock Analysis
When running Vakomtek's price analysis, check to measure Vakomtek'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 Vakomtek is operating at the current time. Most of Vakomtek's value examination focuses on studying past and present price action to predict the probability of Vakomtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vakomtek's price. Additionally, you may evaluate how the addition of Vakomtek to your portfolios can decrease your overall portfolio volatility.