Bank Woori Stock Forecast - Price Action Indicator
| SDRA Stock | IDR 500.00 5.00 0.99% |
Bank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank Woori stock prices and determine the direction of Bank Woori Saudara's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank Woori's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Bank Woori to cross-verify your projections. Bank |
Most investors in Bank Woori 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 Bank Woori's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank Woori'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 Bank Woori Volatility | Backtest Bank Woori | Information Ratio |
Bank Woori Trading Date Momentum
| On May 05 2024 Bank Woori Saudara was traded for 500.00 at the closing time. The highest price during the trading period was 505.00 and the lowest recorded bid was listed for 490.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 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 Bank Woori
For every potential investor in Bank, whether a beginner or expert, Bank Woori's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank Woori's price trends.Bank Woori 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 Bank Woori stock to make a market-neutral strategy. Peer analysis of Bank Woori could also be used in its relative valuation, which is a method of valuing Bank Woori by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank Woori Saudara 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 Bank Woori'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 Bank Woori's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bank Woori Market Strength Events
Market strength indicators help investors to evaluate how Bank Woori stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Woori shares will generate the highest return on investment. By undertsting and applying Bank Woori stock market strength indicators, traders can identify Bank Woori Saudara entry and exit signals to maximize returns.
Bank Woori Risk Indicators
The analysis of Bank Woori'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 Bank Woori's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank 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 | 1.03 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.44 |
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.
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Check out Historical Fundamental Analysis of Bank Woori to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Bank Stock analysis
When running Bank Woori's price analysis, check to measure Bank Woori'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 Bank Woori is operating at the current time. Most of Bank Woori's value examination focuses on studying past and present price action to predict the probability of Bank Woori's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Woori's price. Additionally, you may evaluate how the addition of Bank Woori to your portfolios can decrease your overall portfolio volatility.
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