Bak Ambalaj Stock Forecast - Day Median Price
| BAKAB Stock | TRY 52.00 1.90 3.53% |
Bak Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bak Ambalaj stock prices and determine the direction of Bak Ambalaj Sanayi's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bak Ambalaj's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Bak Ambalaj to cross-verify your projections. Bak |
Most investors in Bak Ambalaj 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 Bak Ambalaj's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bak Ambalaj's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 54.85 | 53.33 |
| Check Bak Ambalaj Volatility | Backtest Bak Ambalaj | Information Ratio |
Bak Ambalaj Trading Date Momentum
| On April 26 2024 Bak Ambalaj Sanayi was traded for 52.00 at the closing time. The highest price during the trading period was 54.65 and the lowest recorded bid was listed for 52.00 . The volume for the day was 276.4 K. This history from April 26, 2024 did not affect price variability. The overall trading delta to the current price is 3.37% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Bak Ambalaj
For every potential investor in Bak, whether a beginner or expert, Bak Ambalaj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bak Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bak. Basic forecasting techniques help filter out the noise by identifying Bak Ambalaj's price trends.Bak Ambalaj 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 Bak Ambalaj stock to make a market-neutral strategy. Peer analysis of Bak Ambalaj could also be used in its relative valuation, which is a method of valuing Bak Ambalaj by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bak Ambalaj Sanayi 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 Bak Ambalaj'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 Bak Ambalaj's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bak Ambalaj Market Strength Events
Market strength indicators help investors to evaluate how Bak Ambalaj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bak Ambalaj shares will generate the highest return on investment. By undertsting and applying Bak Ambalaj stock market strength indicators, traders can identify Bak Ambalaj Sanayi entry and exit signals to maximize returns.
| Accumulation Distribution | 13403.13 | |||
| Daily Balance Of Power | (0.72) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 53.33 | |||
| Day Typical Price | 52.88 | |||
| Price Action Indicator | (2.27) | |||
| Period Momentum Indicator | (1.90) |
Bak Ambalaj Risk Indicators
The analysis of Bak Ambalaj'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 Bak Ambalaj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bak 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 | 2.91 | |||
| Semi Deviation | 2.93 | |||
| Standard Deviation | 3.76 | |||
| Variance | 14.14 | |||
| Downside Variance | 10.31 | |||
| Semi Variance | 8.61 | |||
| Expected Short fall | (3.37) |
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 Bak Ambalaj
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 Bak Ambalaj 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 Bak Ambalaj will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bak Ambalaj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bak Ambalaj 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 Bak Ambalaj - 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 Bak Ambalaj Sanayi to buy it.
The correlation of Bak Ambalaj 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 Bak Ambalaj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bak Ambalaj Sanayi 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 Bak Ambalaj 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 Bak Ambalaj to cross-verify your projections. Note that the Bak Ambalaj Sanayi information on this page should be used as a complementary analysis to other Bak Ambalaj's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Bak Stock analysis
When running Bak Ambalaj's price analysis, check to measure Bak Ambalaj'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 Bak Ambalaj is operating at the current time. Most of Bak Ambalaj's value examination focuses on studying past and present price action to predict the probability of Bak Ambalaj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bak Ambalaj's price. Additionally, you may evaluate how the addition of Bak Ambalaj to your portfolios can decrease your overall portfolio volatility.
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