Bird Global Stock Forecast - Day Typical Price
| BRDSDelisted Stock | USD 0.07 0 7.44% |
Bird Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bird Global stock prices and determine the direction of Bird Global's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bird Global'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 unemployment. Bird |
Most investors in Bird Global 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 Bird Global's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bird Global's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 0.0624 | 0.0624 |
| Check Bird Global Volatility | Backtest Bird Global | Information Ratio |
Bird Global Trading Date Momentum
| On May 18 2024 Bird Global was traded for 0.07 at the closing time. The top price for the day was 0.07 and the lowest listed price was 0.05 . There was no trading activity during the period 0.0. Lack of trading volume on May 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.92% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Bird Global to competition
Bird Global 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 Bird Global stock to make a market-neutral strategy. Peer analysis of Bird Global could also be used in its relative valuation, which is a method of valuing Bird Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bird Global Market Strength Events
Market strength indicators help investors to evaluate how Bird Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bird Global shares will generate the highest return on investment. By undertsting and applying Bird Global stock market strength indicators, traders can identify Bird Global entry and exit signals to maximize returns.
| Accumulation Distribution | 0.3 | |||
| Daily Balance Of Power | 0.2064 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 0.0611 | |||
| Day Typical Price | 0.0624 | |||
| Market Facilitation Index | 0.0218 | |||
| Price Action Indicator | 0.0062 | |||
| Period Momentum Indicator | 0.0045 |
Bird Global Risk Indicators
The analysis of Bird Global'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 Bird Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bird 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 | 13.25 | |||
| Standard Deviation | 20.15 | |||
| Variance | 405.96 |
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 Bird Global
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 Bird Global 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 Bird Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Bird Stock
| 0.83 | PKX | POSCO Holdings Earnings Call This Week | PairCorr |
Moving against Bird Stock
| 0.86 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.85 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
| 0.79 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
| 0.78 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.61 | JPM | JPMorgan Chase Financial Report 12th of July 2024 | PairCorr |
The ability to find closely correlated positions to Bird Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bird Global 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 Bird Global - 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 Bird Global to buy it.
The correlation of Bird Global 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 Bird Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bird Global 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 Bird Global 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 unemployment. Note that the Bird Global information on this page should be used as a complementary analysis to other Bird Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Bird Stock
If you are still planning to invest in Bird Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bird Global's history and understand the potential risks before investing.
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