Elkhorn Etf Forecast - Daily Balance Of Power
| XM Etf | USD 18.14 0.00 0.00% |
Elkhorn Etf Forecast is based on your current time horizon.
Elkhorn |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.08) | (0.52) |
| Check Elkhorn Volatility | Backtest Elkhorn | Trend Details |
Elkhorn Trading Date Momentum
| On December 29 2022 Elkhorn was traded for 10.34 at the closing time. The highest price during the trading period was 10.40 and the lowest recorded bid was listed for 9.70 . The volume for the day was 1 M. This history from December 29, 2022 contributed to the next trading day price boost. The trading price change to the next closing price was 6.82% . The overall trading delta to the current price is 10.12% . |
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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Elkhorn 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 Elkhorn etf to make a market-neutral strategy. Peer analysis of Elkhorn could also be used in its relative valuation, which is a method of valuing Elkhorn by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Elkhorn Market Strength Events
Market strength indicators help investors to evaluate how Elkhorn etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elkhorn shares will generate the highest return on investment. By undertsting and applying Elkhorn etf market strength indicators, traders can identify Elkhorn entry and exit signals to maximize returns.
| Accumulation Distribution | 6.0E-4 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.15 | |||
| Day Typical Price | 18.14 | |||
| Market Facilitation Index | 0.01 | |||
| Price Action Indicator | (0.01) |
Elkhorn Risk Indicators
The analysis of Elkhorn'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 Elkhorn's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elkhorn etf 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 | 0.1189 | |||
| Standard Deviation | 0.1795 | |||
| Variance | 0.0322 | |||
| Downside Variance | 0.0179 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (0.18) |
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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The market value of Elkhorn is measured differently than its book value, which is the value of Elkhorn that is recorded on the company's balance sheet. Investors also form their own opinion of Elkhorn's value that differs from its market value or its book value, called intrinsic value, which is Elkhorn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elkhorn's market value can be influenced by many factors that don't directly affect Elkhorn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elkhorn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elkhorn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elkhorn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.