Ege Gubre Stock Forecast - Rate Of Daily Change
| EGGUB Stock | TRY 44.90 1.10 2.39% |
Ege Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ege Gubre stock prices and determine the direction of Ege Gubre Sanayi's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ege Gubre's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Ege Gubre to cross-verify your projections. Ege |
Most investors in Ege Gubre 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 Ege Gubre's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ege Gubre's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Ege Gubre.| Check Ege Gubre Volatility | Backtest Ege Gubre | Information Ratio |
Ege Gubre Trading Date Momentum
| On April 24 2024 Ege Gubre Sanayi was traded for 44.90 at the closing time. The highest price during the trading period was 46.46 and the lowest recorded bid was listed for 44.58 . The volume for the day was 499.7 K. This history from April 24, 2024 did not affect price variability. The overall trading delta to the current price is 2.49% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Ege Gubre to competition |
Other Forecasting Options for Ege Gubre
For every potential investor in Ege, whether a beginner or expert, Ege Gubre's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ege Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ege. Basic forecasting techniques help filter out the noise by identifying Ege Gubre's price trends.Ege Gubre 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 Ege Gubre stock to make a market-neutral strategy. Peer analysis of Ege Gubre could also be used in its relative valuation, which is a method of valuing Ege Gubre by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ege Gubre Sanayi 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 Ege Gubre'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 Ege Gubre's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ege Gubre Market Strength Events
Market strength indicators help investors to evaluate how Ege Gubre stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ege Gubre shares will generate the highest return on investment. By undertsting and applying Ege Gubre stock market strength indicators, traders can identify Ege Gubre Sanayi entry and exit signals to maximize returns.
| Accumulation Distribution | 20219.19 | |||
| Daily Balance Of Power | (0.59) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 45.52 | |||
| Day Typical Price | 45.31 | |||
| Price Action Indicator | (1.17) | |||
| Period Momentum Indicator | (1.10) | |||
| Relative Strength Index | 66.71 |
Ege Gubre Risk Indicators
The analysis of Ege Gubre'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 Ege Gubre's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ege 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 | 1.84 | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.89 |
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 Ege Gubre
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 Ege Gubre 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 Ege Gubre will appreciate offsetting losses from the drop in the long position's value.Moving together with Ege Stock
| 0.77 | ISMEN | Is Yatirim Menkul | PairCorr |
Moving against Ege Stock
| 0.76 | KCHOL | Koc Holding AS | PairCorr |
| 0.69 | YKBNK | Yapi ve Kredi | PairCorr |
| 0.68 | AKBNK | Akbank TAS | PairCorr |
| 0.65 | GARAN | Turkiye Garanti Bankasi | PairCorr |
| 0.56 | TUPRS | Turkiye Petrol Rafin | PairCorr |
The ability to find closely correlated positions to Ege Gubre could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ege Gubre 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 Ege Gubre - 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 Ege Gubre Sanayi to buy it.
The correlation of Ege Gubre 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 Ege Gubre moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ege Gubre Sanayi 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 Ege Gubre 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 Historical Fundamental Analysis of Ege Gubre to cross-verify your projections. Note that the Ege Gubre Sanayi information on this page should be used as a complementary analysis to other Ege Gubre'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Ege Stock analysis
When running Ege Gubre's price analysis, check to measure Ege Gubre'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 Ege Gubre is operating at the current time. Most of Ege Gubre's value examination focuses on studying past and present price action to predict the probability of Ege Gubre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ege Gubre's price. Additionally, you may evaluate how the addition of Ege Gubre to your portfolios can decrease your overall portfolio volatility.
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