EWork Group Stock Forecast - Market Facilitation Index
| EWRK Stock | SEK 141.60 0.40 0.28% |
EWork Stock Forecast is based on your current time horizon.
EWork |
Most investors in EWork Group 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 EWork Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EWork Group's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Previous Market Facilitation Index | Market Facilitation Index | Trend |
| 0.0014 | 0.0016 |
| Check EWork Group Volatility | Backtest EWork Group | Trend Details |
EWork Group Trading Date Momentum
| On February 15 2024 eWork Group AB was traded for 141.74 at the closing time. The highest price during the trading period was 153.60 and the lowest recorded bid was listed for 141.74 . The volume for the day was 11.1 K. This history from February 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.61% . The trading date delta to the current price is 2.84% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for EWork Group
For every potential investor in EWork, whether a beginner or expert, EWork Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EWork Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EWork. Basic forecasting techniques help filter out the noise by identifying EWork Group's price trends.EWork Group 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 EWork Group stock to make a market-neutral strategy. Peer analysis of EWork Group could also be used in its relative valuation, which is a method of valuing EWork Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
eWork Group AB 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 EWork Group'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 EWork Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EWork Group Market Strength Events
Market strength indicators help investors to evaluate how EWork Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EWork Group shares will generate the highest return on investment. By undertsting and applying EWork Group stock market strength indicators, traders can identify eWork Group AB entry and exit signals to maximize returns.
EWork Group Risk Indicators
The analysis of EWork Group'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 EWork Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ework 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 | 1.49 | |||
| Semi Deviation | 2.13 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.79 | |||
| Downside Variance | 5.14 | |||
| Semi Variance | 4.52 | |||
| Expected Short fall | (1.39) |
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 EWork Group
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 EWork Group 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 EWork Group will appreciate offsetting losses from the drop in the long position's value.Moving against EWork Stock
The ability to find closely correlated positions to EWork Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EWork Group 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 EWork Group - 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 eWork Group AB to buy it.
The correlation of EWork Group 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 EWork Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eWork Group AB 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 EWork Group 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.Additional Tools for EWork Stock Analysis
When running EWork Group's price analysis, check to measure EWork Group'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 EWork Group is operating at the current time. Most of EWork Group's value examination focuses on studying past and present price action to predict the probability of EWork Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EWork Group's price. Additionally, you may evaluate how the addition of EWork Group to your portfolios can decrease your overall portfolio volatility.