Xenonics Holdings Pink Sheet Forecast - Daily Balance Of Power
| XNNHQDelisted Stock | USD 0 0.00 0.00% |
Xenonics Pink Sheet Forecast is based on your current time horizon.
Xenonics |
| Check Xenonics Holdings Volatility | Backtest Xenonics Holdings | Trend Details |
Xenonics Holdings Trading Date Momentum
| On February 07 2023 Xenonics Holdings was traded for 0 at the closing time. The highest daily price throughout the period was 0 and the lowest price was 0 . The daily volume was 20 K. The net trading volume on 02/07/2023 added to the next day price gain. The trading price change to closing price of the next trading day was 6.25% . The trading price change to current closing price is 6.25% . |
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 Xenonics Holdings to competition
Xenonics Holdings 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 Xenonics Holdings pink sheet to make a market-neutral strategy. Peer analysis of Xenonics Holdings could also be used in its relative valuation, which is a method of valuing Xenonics Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Xenonics Holdings Market Strength Events
Market strength indicators help investors to evaluate how Xenonics Holdings 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 Xenonics Holdings shares will generate the highest return on investment. By undertsting and applying Xenonics Holdings pink sheet market strength indicators, traders can identify Xenonics Holdings entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0017 | |||
| Day Typical Price | 0.0017 |
Xenonics Holdings Risk Indicators
The analysis of Xenonics Holdings' 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 Xenonics Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xenonics 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 | 8.88 | |||
| Standard Deviation | 31.09 | |||
| Variance | 966.49 |
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 Xenonics Holdings
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 Xenonics Holdings 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 Xenonics Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Xenonics Pink Sheet
| 0.77 | ESP | Espey Mfg Electronics | PairCorr |
| 0.76 | GWH | ESS Tech | PairCorr |
| 0.73 | EOSE | Eos Energy Enterprises Buyout Trend | PairCorr |
| 0.62 | ENVX | Enovix Corp | PairCorr |
| 0.51 | AYI | Acuity Brands | PairCorr |
The ability to find closely correlated positions to Xenonics Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xenonics Holdings 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 Xenonics Holdings - 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 Xenonics Holdings to buy it.
The correlation of Xenonics Holdings 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 Xenonics Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xenonics Holdings 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 Xenonics Holdings 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 Your Current Watchlist 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 rate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Xenonics Pink Sheet
If you are still planning to invest in Xenonics Holdings 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 Xenonics Holdings' history and understand the potential risks before investing.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |