CROBEX Index Forecast - Daily Balance Of Power

CRBEX Index   2,700  7.54  0.28%   
Investors can use prediction functions to forecast CROBEX stock prices and determine the direction of CROBEX's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of CROBEX 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 Index could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
CROBEX has current Daily Balance Of Power of 0.4328.
Most investors in CROBEX 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 CROBEX's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CROBEX's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of CROBEX market sensitivity to bulls and bears. It estimates the ability of CROBEX buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CROBEX Balance of Power indicator one can determine a trend of the price direction.
Check CROBEX VolatilityBacktest CROBEXInformation Ratio  

CROBEX Trading Date Momentum

On March 02 2024 CROBEX was traded for  2,700  at the closing time. The highest price during the trading period was 2,700  and the lowest recorded bid was listed for  2,682 . There was no trading activity during the period 0.0. Lack of trading volume on March 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.28% .
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 CROBEX to competition

CROBEX 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 CROBEX index to make a market-neutral strategy. Peer analysis of CROBEX could also be used in its relative valuation, which is a method of valuing CROBEX by comparing valuation metrics with similar companies.
CROBEXCROBEX10American AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron CorpHome DepotInternational BusinessIntelMetLifeATT Inc
 Risk & Return  Correlation

CROBEX Market Strength Events

Market strength indicators help investors to evaluate how CROBEX index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CROBEX shares will generate the highest return on investment. By undertsting and applying CROBEX index market strength indicators, traders can identify CROBEX entry and exit signals to maximize returns.

CROBEX Risk Indicators

The analysis of CROBEX's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in CROBEX's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting CROBEX stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CROBEX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CROBEX's short interest history, or implied volatility extrapolated from CROBEX options trading.

Pair Trading with CROBEX

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 CROBEX 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 CROBEX will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CROBEX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CROBEX 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 CROBEX - 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 CROBEX to buy it.
The correlation of CROBEX is a statistical measure of how it moves in relation to other equities. 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 CROBEX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CROBEX 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 CROBEX 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for CROBEX Index analysis

When running CROBEX's price analysis, check to measure CROBEX'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 CROBEX is operating at the current time. Most of CROBEX's value examination focuses on studying past and present price action to predict the probability of CROBEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CROBEX's price. Additionally, you may evaluate how the addition of CROBEX to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Stocks Directory
Find actively traded stocks across global markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.