Jeju Air Stock Forecast - Period Momentum Indicator
| 089590 Stock | 11,170 60.00 0.53% |
Jeju Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jeju Air stock prices and determine the direction of Jeju Air Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jeju Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Jeju Air to cross-verify your projections. Jeju |
Most investors in Jeju Air 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 Jeju Air's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jeju Air's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (60.00) | (60.00) |
| Check Jeju Air Volatility | Backtest Jeju Air | Information Ratio |
Jeju Air Trading Date Momentum
| On May 14 2024 Jeju Air Co was traded for 11,170 at the closing time. The highest price during the trading period was 11,250 and the lowest recorded bid was listed for 11,100 . The volume for the day was 133.3 K. This history from May 14, 2024 did not cause price change. The trading delta at closing time to the current price is 0.72% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Jeju Air
For every potential investor in Jeju, whether a beginner or expert, Jeju Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jeju Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jeju. Basic forecasting techniques help filter out the noise by identifying Jeju Air's price trends.Jeju Air 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 Jeju Air stock to make a market-neutral strategy. Peer analysis of Jeju Air could also be used in its relative valuation, which is a method of valuing Jeju Air by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jeju Air 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 Jeju Air'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 Jeju Air's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Jeju Air Market Strength Events
Market strength indicators help investors to evaluate how Jeju Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jeju Air shares will generate the highest return on investment. By undertsting and applying Jeju Air stock market strength indicators, traders can identify Jeju Air Co entry and exit signals to maximize returns.
| Accumulation Distribution | 1777.87 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11175.0 | |||
| Day Typical Price | 11173.33 | |||
| Market Facilitation Index | 0.0011 | |||
| Price Action Indicator | (35.00) | |||
| Period Momentum Indicator | (60.00) | |||
| Relative Strength Index | 50.63 |
Jeju Air Risk Indicators
The analysis of Jeju Air'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 Jeju Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jeju 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 | 1.13 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.58 |
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 Jeju Air 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, Jeju Air's short interest history, or implied volatility extrapolated from Jeju Air options trading.
Thematic Opportunities
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Check out Historical Fundamental Analysis of Jeju Air to cross-verify your projections. Note that the Jeju Air information on this page should be used as a complementary analysis to other Jeju Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Jeju Stock analysis
When running Jeju Air's price analysis, check to measure Jeju Air'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 Jeju Air is operating at the current time. Most of Jeju Air's value examination focuses on studying past and present price action to predict the probability of Jeju Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeju Air's price. Additionally, you may evaluate how the addition of Jeju Air to your portfolios can decrease your overall portfolio volatility.
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