Daejung Chemicals Stock Forecast - Daily Balance Of Power
| 120240 Stock | KRW 16,400 20.00 0.12% |
Daejung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Daejung Chemicals stock prices and determine the direction of Daejung Chemicals Metals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Daejung Chemicals' historical fundamentals, such as revenue growth or operating cash flow patterns.
Daejung |
Most investors in Daejung Chemicals 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 Daejung Chemicals' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Daejung Chemicals' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Daejung Chemicals Metals market sensitivity to bulls and bears. It estimates the ability of Daejung Chemicals buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Daejung Chemicals Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.1) | (0.1) |
| Check Daejung Chemicals Volatility | Backtest Daejung Chemicals | Information Ratio |
Daejung Chemicals Trading Date Momentum
| On June 17 2024 Daejung Chemicals Metals was traded for 16,400 at the closing time. The highest price during the trading period was 16,550 and the lowest recorded bid was listed for 16,340 . There was no trading activity during the period 0.0. Lack of trading volume on June 17, 2024 did not affect price variability. The overall trading delta to the current price is 0.12% . |
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 Daejung Chemicals to competition |
Other Forecasting Options for Daejung Chemicals
For every potential investor in Daejung, whether a beginner or expert, Daejung Chemicals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Daejung Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Daejung. Basic forecasting techniques help filter out the noise by identifying Daejung Chemicals' price trends.Daejung Chemicals 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 Daejung Chemicals stock to make a market-neutral strategy. Peer analysis of Daejung Chemicals could also be used in its relative valuation, which is a method of valuing Daejung Chemicals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Daejung Chemicals Metals 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 Daejung Chemicals' 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 Daejung Chemicals' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Daejung Chemicals Market Strength Events
Market strength indicators help investors to evaluate how Daejung Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daejung Chemicals shares will generate the highest return on investment. By undertsting and applying Daejung Chemicals stock market strength indicators, traders can identify Daejung Chemicals Metals entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0127 | |||
| Daily Balance Of Power | (0.1) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 16445.0 | |||
| Day Typical Price | 16430.0 | |||
| Market Facilitation Index | 210.0 | |||
| Price Action Indicator | (55.00) | |||
| Period Momentum Indicator | (20.00) |
Daejung Chemicals Risk Indicators
The analysis of Daejung Chemicals' 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 Daejung Chemicals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daejung 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 | 0.9881 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 |
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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Daejung Chemicals financial ratios help investors to determine whether Daejung Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Daejung with respect to the benefits of owning Daejung Chemicals security.