Qualys Stock Forecast - Daily Balance Of Power
| QLYS Stock | USD 133.36 3.33 2.44% |
Qualys Stock Forecast is based on your current time horizon.
Qualys |
Open Interest Against 2024-06-21 Qualys Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Qualys' 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 Qualys' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Qualys 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 Qualys' open interest, investors have to compare it to Qualys' 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 Qualys 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 Qualys. 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 Qualys 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 Qualys' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Qualys' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Qualys Inc market sensitivity to bulls and bears. It estimates the ability of Qualys buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Qualys Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.41) | (0.60) |
| Check Qualys Volatility | Backtest Qualys | Trend Details |
Qualys Trading Date Momentum
| On May 08 2024 Qualys Inc was traded for 149.75 at the closing time. The top price for the day was 158.96 and the lowest listed price was 147.58 . The trading volume for the day was 1.8 M. The trading history from May 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.78% . The trading delta at closing time against the current closing price is 9.84% . |
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 Qualys to competition |
Other Forecasting Options for Qualys
For every potential investor in Qualys, whether a beginner or expert, Qualys' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Qualys Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Qualys. Basic forecasting techniques help filter out the noise by identifying Qualys' price trends.Qualys 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 Qualys stock to make a market-neutral strategy. Peer analysis of Qualys could also be used in its relative valuation, which is a method of valuing Qualys by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Qualys Inc 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 Qualys' 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 Qualys' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Qualys Market Strength Events
Market strength indicators help investors to evaluate how Qualys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qualys shares will generate the highest return on investment. By undertsting and applying Qualys stock market strength indicators, traders can identify Qualys Inc entry and exit signals to maximize returns.
Qualys Risk Indicators
The analysis of Qualys' 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 Qualys' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qualys 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 | 1.52 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.4 | |||
| Downside Variance | 4.55 | |||
| Semi Variance | 4.14 | |||
| Expected Short fall | (1.59) |
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 Qualys
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 Qualys 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 Qualys will appreciate offsetting losses from the drop in the long position's value.Moving against Qualys Stock
| 0.9 | VRAR | Glimpse Group | PairCorr |
| 0.8 | MQ | Marqeta | PairCorr |
| 0.79 | S | SentinelOne | PairCorr |
| 0.78 | VRNS | Varonis Systems | PairCorr |
| 0.74 | ZS | Zscaler Fiscal Year End 3rd of September 2024 | PairCorr |
The ability to find closely correlated positions to Qualys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualys 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 Qualys - 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 Qualys Inc to buy it.
The correlation of Qualys 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 Qualys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualys Inc 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 Qualys 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 Qualys Stock Analysis
When running Qualys' price analysis, check to measure Qualys' 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 Qualys is operating at the current time. Most of Qualys' value examination focuses on studying past and present price action to predict the probability of Qualys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualys' price. Additionally, you may evaluate how the addition of Qualys to your portfolios can decrease your overall portfolio volatility.