BNP Paribas OTC Stock Forecast - Market Facilitation Index
BNPQY Stock | USD 38.45 0.22 0.58% |
BNP OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BNP Paribas stock prices and determine the direction of BNP Paribas SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BNP Paribas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of BNP Paribas to cross-verify your projections. BNP |
Most investors in BNP Paribas 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 BNP Paribas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BNP Paribas' price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.Check BNP Paribas Volatility | Backtest BNP Paribas | Information Ratio |
BNP Paribas Trading Date Momentum
On May 11 2024 BNP Paribas SA was traded for 38.45 at the closing time. The highest daily price throughout the period was 38.61 and the lowest price was 38.25 . There was no trading activity during the period 0.0. Lack of trading volume on 05/11/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare BNP Paribas to competition |
Other Forecasting Options for BNP Paribas
For every potential investor in BNP, whether a beginner or expert, BNP Paribas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BNP OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BNP. Basic forecasting techniques help filter out the noise by identifying BNP Paribas' price trends.View BNP Paribas Related Equities
Risk & Return | Correlation |
BNP Paribas SA Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BNP Paribas' 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 BNP Paribas' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
BNP Paribas Market Strength Events
Market strength indicators help investors to evaluate how BNP Paribas otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BNP Paribas shares will generate the highest return on investment. By undertsting and applying BNP Paribas otc stock market strength indicators, traders can identify BNP Paribas SA entry and exit signals to maximize returns.
BNP Paribas Risk Indicators
The analysis of BNP Paribas' 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 BNP Paribas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bnp otc 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 | 0.9395 | |||
Semi Deviation | 0.8814 | |||
Standard Deviation | 1.2 | |||
Variance | 1.45 | |||
Downside Variance | 1.6 | |||
Semi Variance | 0.7769 | |||
Expected Short fall | (1.10) |
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 BNP Paribas
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 BNP Paribas 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 BNP Paribas will appreciate offsetting losses from the drop in the long position's value.Moving against BNP OTC Stock
0.84 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.83 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
0.75 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
0.47 | HD | Home Depot Earnings Call This Week | PairCorr |
0.44 | IBM | International Business Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to BNP Paribas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNP Paribas 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 BNP Paribas - 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 BNP Paribas SA to buy it.
The correlation of BNP Paribas 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 BNP Paribas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNP Paribas SA 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 BNP Paribas 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 BNP Paribas to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for BNP OTC Stock analysis
When running BNP Paribas' price analysis, check to measure BNP Paribas' 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 BNP Paribas is operating at the current time. Most of BNP Paribas' value examination focuses on studying past and present price action to predict the probability of BNP Paribas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BNP Paribas' price. Additionally, you may evaluate how the addition of BNP Paribas to your portfolios can decrease your overall portfolio volatility.
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