BenQ Materials Stock Forecast - Daily Balance Of Power
| 8215 Stock | TWD 34.60 0.05 0.14% |
BenQ Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BenQ Materials stock prices and determine the direction of BenQ Materials Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BenQ Materials' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of BenQ Materials to cross-verify your projections. BenQ |
Most investors in BenQ Materials 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 BenQ Materials' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BenQ Materials' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of BenQ Materials Corp market sensitivity to bulls and bears. It estimates the ability of BenQ Materials buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BenQ Materials Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3333 | 0.2 |
| Check BenQ Materials Volatility | Backtest BenQ Materials | Information Ratio |
BenQ Materials Trading Date Momentum
| On April 30 2024 BenQ Materials Corp was traded for 34.60 at the closing time. The highest price during the trading period was 34.80 and the lowest recorded bid was listed for 34.55 . The volume for the day was 711 K. This history from April 30, 2024 did not affect price variability. The overall trading delta to the current price is 0.14% . |
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 BenQ Materials to competition |
Other Forecasting Options for BenQ Materials
For every potential investor in BenQ, whether a beginner or expert, BenQ Materials' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BenQ Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BenQ. Basic forecasting techniques help filter out the noise by identifying BenQ Materials' price trends.BenQ Materials 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 BenQ Materials stock to make a market-neutral strategy. Peer analysis of BenQ Materials could also be used in its relative valuation, which is a method of valuing BenQ Materials by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BenQ Materials 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 BenQ Materials' 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 BenQ Materials' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BenQ Materials Market Strength Events
Market strength indicators help investors to evaluate how BenQ Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BenQ Materials shares will generate the highest return on investment. By undertsting and applying BenQ Materials stock market strength indicators, traders can identify BenQ Materials Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 5107.71 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.67 | |||
| Day Typical Price | 34.65 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | 0.05 |
BenQ Materials Risk Indicators
The analysis of BenQ Materials' 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 BenQ Materials' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting benq 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 | 0.9872 | |||
| Semi Deviation | 1.36 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.12 | |||
| Downside Variance | 2.05 | |||
| Semi Variance | 1.85 | |||
| Expected Short fall | (1.03) |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of BenQ Materials to cross-verify your projections. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for BenQ Stock analysis
When running BenQ Materials' price analysis, check to measure BenQ Materials' 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 BenQ Materials is operating at the current time. Most of BenQ Materials' value examination focuses on studying past and present price action to predict the probability of BenQ Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenQ Materials' price. Additionally, you may evaluate how the addition of BenQ Materials to your portfolios can decrease your overall portfolio volatility.
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