Aneka Tambang Stock Forecast - Price Action Indicator
ANTM Stock | IDR 1,600 10.00 0.63% |
Aneka Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aneka Tambang stock prices and determine the direction of Aneka Tambang Persero's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aneka Tambang's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Aneka Tambang to cross-verify your projections. Aneka |
Most investors in Aneka Tambang 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 Aneka Tambang's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Aneka Tambang'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.Check Aneka Tambang Volatility | Backtest Aneka Tambang | Information Ratio |
Aneka Tambang Trading Date Momentum
On April 29 2024 Aneka Tambang Persero was traded for 1,600 at the closing time. The highest price during the trading period was 1,615 and the lowest recorded bid was listed for 1,575 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Aneka Tambang
For every potential investor in Aneka, whether a beginner or expert, Aneka Tambang's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aneka Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aneka. Basic forecasting techniques help filter out the noise by identifying Aneka Tambang's price trends.Aneka Tambang 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 Aneka Tambang stock to make a market-neutral strategy. Peer analysis of Aneka Tambang could also be used in its relative valuation, which is a method of valuing Aneka Tambang by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Aneka Tambang Persero 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 Aneka Tambang'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 Aneka Tambang's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Aneka Tambang Market Strength Events
Market strength indicators help investors to evaluate how Aneka Tambang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aneka Tambang shares will generate the highest return on investment. By undertsting and applying Aneka Tambang stock market strength indicators, traders can identify Aneka Tambang Persero entry and exit signals to maximize returns.
Aneka Tambang Risk Indicators
The analysis of Aneka Tambang'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 Aneka Tambang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aneka 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 | 1.76 | |||
Standard Deviation | 2.43 | |||
Variance | 5.89 |
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 Aneka Tambang 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, Aneka Tambang's short interest history, or implied volatility extrapolated from Aneka Tambang options trading.
Pair Trading with Aneka Tambang
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 Aneka Tambang 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 Aneka Tambang will appreciate offsetting losses from the drop in the long position's value.Moving together with Aneka Stock
0.63 | ISSP | Steel Pipe Industry | PairCorr |
Moving against Aneka Stock
0.65 | TFAS | Telefast Indonesia | PairCorr |
0.57 | NETV | Net Visi Media | PairCorr |
0.54 | ALMI | Alumindo Light Metal | PairCorr |
0.46 | ALKA | Alakasa Industrindo Tbk | PairCorr |
The ability to find closely correlated positions to Aneka Tambang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aneka Tambang 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 Aneka Tambang - 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 Aneka Tambang Persero to buy it.
The correlation of Aneka Tambang 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 Aneka Tambang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aneka Tambang Persero 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 Aneka Tambang 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 Historical Fundamental Analysis of Aneka Tambang to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Aneka Stock analysis
When running Aneka Tambang's price analysis, check to measure Aneka Tambang'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 Aneka Tambang is operating at the current time. Most of Aneka Tambang's value examination focuses on studying past and present price action to predict the probability of Aneka Tambang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aneka Tambang's price. Additionally, you may evaluate how the addition of Aneka Tambang to your portfolios can decrease your overall portfolio volatility.
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