Yorkton Equity Stock Forecast - Daily Balance Of Power
| YEG Stock | CAD 0.18 0.01 5.26% |
Yorkton Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yorkton Equity stock prices and determine the direction of Yorkton Equity Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yorkton Equity's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Yorkton Equity's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Yorkton Equity's systematic risk associated with finding meaningful patterns of Yorkton Equity fundamentals over time.
Check out Historical Fundamental Analysis of Yorkton Equity to cross-verify your projections. Yorkton |
Most investors in Yorkton Equity 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 Yorkton Equity's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Yorkton Equity's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Yorkton Equity Group market sensitivity to bulls and bears. It estimates the ability of Yorkton Equity buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Yorkton Equity Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0 | (9,223,372,036,855) |
| Check Yorkton Equity Volatility | Backtest Yorkton Equity | Information Ratio |
Yorkton Equity Trading Date Momentum
| On May 19 2024 Yorkton Equity Group was traded for 0.18 at the closing time. The highest daily price throughout the period was 0.18 and the lowest price was 0.18 . There was no trading activity during the period 0.0. Lack of trading volume on 05/19/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
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 Yorkton Equity to competition |
Other Forecasting Options for Yorkton Equity
For every potential investor in Yorkton, whether a beginner or expert, Yorkton Equity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Yorkton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Yorkton. Basic forecasting techniques help filter out the noise by identifying Yorkton Equity's price trends.Yorkton Equity 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 Yorkton Equity stock to make a market-neutral strategy. Peer analysis of Yorkton Equity could also be used in its relative valuation, which is a method of valuing Yorkton Equity by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Yorkton Equity Group 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 Yorkton Equity'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 Yorkton Equity's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Yorkton Equity Market Strength Events
Market strength indicators help investors to evaluate how Yorkton Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yorkton Equity shares will generate the highest return on investment. By undertsting and applying Yorkton Equity stock market strength indicators, traders can identify Yorkton Equity Group entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 0.18 | |||
| Day Typical Price | 0.18 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Yorkton Equity Risk Indicators
The analysis of Yorkton Equity'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 Yorkton Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yorkton 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 | 3.84 | |||
| Semi Deviation | 5.21 | |||
| Standard Deviation | 7.04 | |||
| Variance | 49.55 | |||
| Downside Variance | 176.98 | |||
| Semi Variance | 27.12 | |||
| Expected Short fall | (9.68) |
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 Yorkton Equity
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 Yorkton Equity 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 Yorkton Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with Yorkton Stock
| 0.79 | CM-PT | Canadian Imperial Bank Earnings Call This Week | PairCorr |
| 0.77 | FFH-PH | Fairfax Financial | PairCorr |
| 0.72 | BMO-PE | Bank of Montreal | PairCorr |
Moving against Yorkton Stock
| 0.74 | SEC | Senvest Capital | PairCorr |
The ability to find closely correlated positions to Yorkton Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yorkton Equity 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 Yorkton Equity - 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 Yorkton Equity Group to buy it.
The correlation of Yorkton Equity 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 Yorkton Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yorkton Equity Group 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 Yorkton Equity 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 Yorkton Equity to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Yorkton Stock analysis
When running Yorkton Equity's price analysis, check to measure Yorkton Equity'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 Yorkton Equity is operating at the current time. Most of Yorkton Equity's value examination focuses on studying past and present price action to predict the probability of Yorkton Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yorkton Equity's price. Additionally, you may evaluate how the addition of Yorkton Equity to your portfolios can decrease your overall portfolio volatility.
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