Citra Marga Stock Forecast - Daily Balance Of Power
| CMNP Stock | IDR 1,565 10.00 0.63% |
Citra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Citra Marga stock prices and determine the direction of Citra Marga Nusaphala's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Citra Marga's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Citra |
Most investors in Citra Marga 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 Citra Marga's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Citra Marga's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Citra Marga Nusaphala market sensitivity to bulls and bears. It estimates the ability of Citra Marga buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Citra Marga Balance of Power indicator one can determine a trend of the price direction.| Check Citra Marga Volatility | Backtest Citra Marga | Information Ratio |
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 Citra Marga to competition
Citra Marga 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 Citra Marga stock to make a market-neutral strategy. Peer analysis of Citra Marga could also be used in its relative valuation, which is a method of valuing Citra Marga by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Citra Marga Market Strength Events
Market strength indicators help investors to evaluate how Citra Marga stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Citra Marga shares will generate the highest return on investment. By undertsting and applying Citra Marga stock market strength indicators, traders can identify Citra Marga Nusaphala entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0064 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1560.0 | |||
| Day Typical Price | 1561.67 | |||
| Market Facilitation Index | 10.0 | |||
| Period Momentum Indicator | (10.00) |
Citra Marga Risk Indicators
The analysis of Citra Marga'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 Citra Marga's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting citra 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 | 0.8266 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 | |||
| Downside Variance | 1.54 | |||
| Semi Variance | 1.0 | |||
| Expected Short fall | (1.01) |
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 Citra Marga
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 Citra Marga 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 Citra Marga will appreciate offsetting losses from the drop in the long position's value.Moving together with Citra Stock
| 0.61 | BMRI | Bank Mandiri Persero Earnings Call Today | PairCorr |
| 0.64 | BBCA | Bank Central Asia Earnings Call This Week | PairCorr |
Moving against Citra Stock
| 0.66 | SRTG | Saratoga Investama Sedaya | PairCorr |
| 0.57 | HMSP | Hanjaya Mandala Sampoerna Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Citra Marga could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citra Marga 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 Citra Marga - 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 Citra Marga Nusaphala to buy it.
The correlation of Citra Marga 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 Citra Marga moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citra Marga Nusaphala 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 Citra Marga 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Citra Stock analysis
When running Citra Marga's price analysis, check to measure Citra Marga'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 Citra Marga is operating at the current time. Most of Citra Marga's value examination focuses on studying past and present price action to predict the probability of Citra Marga's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citra Marga's price. Additionally, you may evaluate how the addition of Citra Marga to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |