YY Stock Forecast - Daily Balance Of Power
| YY Stock | USD 32.23 0.43 1.32% |
YY Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast YY stock prices and determine the direction of YY Inc Class's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of YY's historical fundamentals, such as revenue growth or operating cash flow patterns. Although YY's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of YY's systematic risk associated with finding meaningful patterns of YY fundamentals over time.
Check out Historical Fundamental Analysis of YY to cross-verify your projections. YY |
Open Interest Against 2024-04-19 YY Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast YY's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in YY's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for YY stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current YY's open interest, investors have to compare it to YY's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of YY is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in YY. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in YY 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 YY's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets YY's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of YY Inc Class market sensitivity to bulls and bears. It estimates the ability of YY buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring YY Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.0364 | (0.91) |
| Check YY Volatility | Backtest YY | Information Ratio |
YY Trading Date Momentum
| On April 19 2024 YY Inc Class was traded for 32.23 at the closing time. The highest price during the trading period was 32.54 and the lowest recorded bid was listed for 32.07 . The volume for the day was 269.3 K. This history from April 19, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.16% . |
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 YY to competition |
Other Forecasting Options for YY
For every potential investor in YY, whether a beginner or expert, YY's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. YY Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in YY. Basic forecasting techniques help filter out the noise by identifying YY's price trends.YY 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 YY stock to make a market-neutral strategy. Peer analysis of YY could also be used in its relative valuation, which is a method of valuing YY by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
YY Inc Class 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 YY'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 YY's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
YY Market Strength Events
Market strength indicators help investors to evaluate how YY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YY shares will generate the highest return on investment. By undertsting and applying YY stock market strength indicators, traders can identify YY Inc Class entry and exit signals to maximize returns.
| Accumulation Distribution | 3889.86 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 32.31 | |||
| Day Typical Price | 32.28 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.43) |
YY Risk Indicators
The analysis of YY'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 YY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yy 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 | 1.98 | |||
| Semi Deviation | 2.3 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.29 | |||
| Downside Variance | 5.74 | |||
| Semi Variance | 5.27 | |||
| Expected Short fall | (2.32) |
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.
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 YY 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, YY's short interest history, or implied volatility extrapolated from YY options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether YY Inc Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yy Inc Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Inc Class Stock:Check out Historical Fundamental Analysis of YY to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for YY Stock analysis
When running YY's price analysis, check to measure YY'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 YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Commodity Directory Find actively traded commodities issued by global exchanges |
Is YY's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of YY. If investors know YY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about YY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Earnings Share (0.77) | Revenue Per Share 34.658 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0025 |
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YY's market value can be influenced by many factors that don't directly affect YY's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.