Roundtop Machinery Stock Forecast - Daily Balance Of Power
| 1540 Stock | TWD 21.00 0.60 2.94% |
Roundtop Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Roundtop Machinery stock prices and determine the direction of Roundtop Machinery Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Roundtop Machinery's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Roundtop Machinery to cross-verify your projections. Roundtop |
Most investors in Roundtop Machinery cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Roundtop Machinery's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Roundtop Machinery's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Roundtop Machinery Industries market sensitivity to bulls and bears. It estimates the ability of Roundtop Machinery buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Roundtop Machinery Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2857 | 0.8 |
| Check Roundtop Machinery Volatility | Backtest Roundtop Machinery | Information Ratio |
Roundtop Machinery Trading Date Momentum
| On May 02 2024 Roundtop Machinery Industries was traded for 21.00 at the closing time. The highest price during the trading period was 21.15 and the lowest recorded bid was listed for 20.40 . The volume for the day was 1.6 M. This history from May 2, 2024 did not cause price change. The trading delta at closing time to the current price is 2.86% . |
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 Roundtop Machinery to competition |
Other Forecasting Options for Roundtop Machinery
For every potential investor in Roundtop, whether a beginner or expert, Roundtop Machinery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Roundtop Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Roundtop. Basic forecasting techniques help filter out the noise by identifying Roundtop Machinery's price trends.Roundtop Machinery 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 Roundtop Machinery stock to make a market-neutral strategy. Peer analysis of Roundtop Machinery could also be used in its relative valuation, which is a method of valuing Roundtop Machinery by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Roundtop Machinery 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 Roundtop Machinery'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 Roundtop Machinery's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Roundtop Machinery Market Strength Events
Market strength indicators help investors to evaluate how Roundtop Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Roundtop Machinery shares will generate the highest return on investment. By undertsting and applying Roundtop Machinery stock market strength indicators, traders can identify Roundtop Machinery Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 56640.89 | |||
| Daily Balance Of Power | 0.8 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 20.78 | |||
| Day Typical Price | 20.85 | |||
| Price Action Indicator | 0.53 | |||
| Period Momentum Indicator | 0.6 |
Roundtop Machinery Risk Indicators
The analysis of Roundtop Machinery'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 Roundtop Machinery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting roundtop 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 | 0.7656 | |||
| Semi Deviation | 0.6889 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.2 | |||
| Downside Variance | 0.9208 | |||
| Semi Variance | 0.4746 | |||
| Expected Short fall | (0.95) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roundtop Machinery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roundtop Machinery's short interest history, or implied volatility extrapolated from Roundtop Machinery options trading.
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Check out Historical Fundamental Analysis of Roundtop Machinery to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Roundtop Stock analysis
When running Roundtop Machinery's price analysis, check to measure Roundtop Machinery'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 Roundtop Machinery is operating at the current time. Most of Roundtop Machinery's value examination focuses on studying past and present price action to predict the probability of Roundtop Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roundtop Machinery's price. Additionally, you may evaluate how the addition of Roundtop Machinery to your portfolios can decrease your overall portfolio volatility.
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