El Mor Stock Forecast - Total Risk Alpha
| ELMR Stock | 1,037 1.00 0.1% |
ELMR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast El Mor stock prices and determine the direction of El Mor Electric Installation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of El Mor's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of El Mor to cross-verify your projections. ELMR |
Most investors in El Mor 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 El Mor's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets El Mor's price structures and extracts relationships that further increase the generated results' accuracy.
| Check El Mor Volatility | Backtest El Mor | Information Ratio |
El Mor Trading Date Momentum
| On April 18 2024 El Mor Electric Installation was traded for 1,037 at the closing time. The highest price during the trading period was 1,037 and the lowest recorded bid was listed for 1,036 . The volume for the day was 444. This history from April 18, 2024 did not affect price variability. The overall trading delta to the current price is 0.10% . |
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Other Forecasting Options for El Mor
For every potential investor in ELMR, whether a beginner or expert, El Mor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELMR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELMR. Basic forecasting techniques help filter out the noise by identifying El Mor's price trends.El Mor 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 El Mor stock to make a market-neutral strategy. Peer analysis of El Mor could also be used in its relative valuation, which is a method of valuing El Mor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
El Mor Electric 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 El Mor'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 El Mor's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
El Mor Market Strength Events
Market strength indicators help investors to evaluate how El Mor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading El Mor shares will generate the highest return on investment. By undertsting and applying El Mor stock market strength indicators, traders can identify El Mor Electric Installation entry and exit signals to maximize returns.
El Mor Risk Indicators
The analysis of El Mor'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 El Mor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elmr 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 | 1.11 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.35 | |||
| Downside Variance | 4.05 | |||
| Semi Variance | 2.65 | |||
| Expected Short fall | (1.31) |
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 El Mor
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 El Mor 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 El Mor will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to El Mor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace El Mor 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 El Mor - 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 El Mor Electric Installation to buy it.
The correlation of El Mor 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 El Mor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if El Mor Electric 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 El Mor 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 El Mor to cross-verify your projections. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for ELMR Stock analysis
When running El Mor's price analysis, check to measure El Mor'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 El Mor is operating at the current time. Most of El Mor's value examination focuses on studying past and present price action to predict the probability of El Mor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move El Mor's price. Additionally, you may evaluate how the addition of El Mor to your portfolios can decrease your overall portfolio volatility.
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