Optimax Technology Stock Forecast - Price Action Indicator
| 3051 Stock | TWD 36.70 0.40 1.10% |
Optimax Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Optimax Technology stock prices and determine the direction of Optimax Technology Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Optimax Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Optimax Technology to cross-verify your projections. Optimax |
Most investors in Optimax Technology 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 Optimax Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Optimax Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.38) | 0.35 |
| Check Optimax Technology Volatility | Backtest Optimax Technology | Information Ratio |
Optimax Technology Trading Date Momentum
| On April 30 2024 Optimax Technology Corp was traded for 36.70 at the closing time. The highest price during the trading period was 36.90 and the lowest recorded bid was listed for 36.20 . The volume for the day was 770.7 K. This history from April 30, 2024 did not cause price change. The trading delta at closing time to the current price is 0.14% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Optimax Technology to competition |
Other Forecasting Options for Optimax Technology
For every potential investor in Optimax, whether a beginner or expert, Optimax Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Optimax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Optimax. Basic forecasting techniques help filter out the noise by identifying Optimax Technology's price trends.Optimax Technology 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 Optimax Technology stock to make a market-neutral strategy. Peer analysis of Optimax Technology could also be used in its relative valuation, which is a method of valuing Optimax Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Optimax Technology Corp 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 Optimax Technology'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 Optimax Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Optimax Technology Market Strength Events
Market strength indicators help investors to evaluate how Optimax Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Optimax Technology shares will generate the highest return on investment. By undertsting and applying Optimax Technology stock market strength indicators, traders can identify Optimax Technology Corp entry and exit signals to maximize returns.
Optimax Technology Risk Indicators
The analysis of Optimax Technology'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 Optimax Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting optimax 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 | 2.08 | |||
| Semi Deviation | 2.31 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.53 | |||
| Downside Variance | 6.46 | |||
| Semi Variance | 5.33 | |||
| Expected Short fall | (2.60) |
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 Optimax Technology 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, Optimax Technology's short interest history, or implied volatility extrapolated from Optimax Technology options trading.
Thematic Opportunities
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Check out Historical Fundamental Analysis of Optimax Technology to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Optimax Stock analysis
When running Optimax Technology's price analysis, check to measure Optimax Technology'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 Optimax Technology is operating at the current time. Most of Optimax Technology's value examination focuses on studying past and present price action to predict the probability of Optimax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimax Technology's price. Additionally, you may evaluate how the addition of Optimax Technology to your portfolios can decrease your overall portfolio volatility.
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