Eregli Demir Stock Forecast - Daily Balance Of Power
| EREGL Stock | TRY 44.18 0.44 0.99% |
Eregli Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eregli Demir stock prices and determine the direction of Eregli Demir ve's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eregli Demir's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Eregli Demir to cross-verify your projections. Eregli |
Most investors in Eregli Demir 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 Eregli Demir's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eregli Demir's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Eregli Demir ve market sensitivity to bulls and bears. It estimates the ability of Eregli Demir buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eregli Demir Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.24) | (0.41) |
| Check Eregli Demir Volatility | Backtest Eregli Demir | Information Ratio |
Eregli Demir Trading Date Momentum
| On May 06 2024 Eregli Demir ve was traded for 44.18 at the closing time. The highest price during the trading period was 44.78 and the lowest recorded bid was listed for 43.70 . There was no trading activity during the period 0.0. Lack of trading volume on May 6, 2024 did not affect price variability. The overall trading delta to the current price is 0.59% . |
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 Eregli Demir to competition |
Other Forecasting Options for Eregli Demir
For every potential investor in Eregli, whether a beginner or expert, Eregli Demir's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eregli Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eregli. Basic forecasting techniques help filter out the noise by identifying Eregli Demir's price trends.Eregli Demir 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 Eregli Demir stock to make a market-neutral strategy. Peer analysis of Eregli Demir could also be used in its relative valuation, which is a method of valuing Eregli Demir by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eregli Demir ve 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 Eregli Demir'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 Eregli Demir's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eregli Demir Market Strength Events
Market strength indicators help investors to evaluate how Eregli Demir stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eregli Demir shares will generate the highest return on investment. By undertsting and applying Eregli Demir stock market strength indicators, traders can identify Eregli Demir ve entry and exit signals to maximize returns.
Eregli Demir Risk Indicators
The analysis of Eregli Demir'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 Eregli Demir's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eregli 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 | 1.45 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.64 | |||
| Downside Variance | 3.41 | |||
| Semi Variance | 3.24 | |||
| Expected Short fall | (1.52) |
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 Eregli Demir
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 Eregli Demir 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 Eregli Demir will appreciate offsetting losses from the drop in the long position's value.Moving together with Eregli Stock
| 0.65 | INVEO | Inveo Yatirim Holding | PairCorr |
| 0.78 | ALKA | Alkim Kagit Sanayi | PairCorr |
Moving against Eregli Stock
| 0.52 | KARTN | Kartonsan Karton Sanayi | PairCorr |
The ability to find closely correlated positions to Eregli Demir could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eregli Demir 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 Eregli Demir - 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 Eregli Demir ve to buy it.
The correlation of Eregli Demir 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 Eregli Demir moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eregli Demir ve 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 Eregli Demir 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 Eregli Demir to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Eregli Stock analysis
When running Eregli Demir's price analysis, check to measure Eregli Demir'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 Eregli Demir is operating at the current time. Most of Eregli Demir's value examination focuses on studying past and present price action to predict the probability of Eregli Demir's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eregli Demir's price. Additionally, you may evaluate how the addition of Eregli Demir to your portfolios can decrease your overall portfolio volatility.
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