Daejung Chemicals Stock Forecast - Period Momentum Indicator
| 120240 Stock | KRW 16,860 100.00 0.59% |
Daejung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Daejung Chemicals stock prices and determine the direction of Daejung Chemicals Metals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Daejung Chemicals' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Daejung Chemicals to cross-verify your projections. Daejung |
Most investors in Daejung Chemicals 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 Daejung Chemicals' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Daejung Chemicals' 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 |
| (110.00) | (100.00) |
| Check Daejung Chemicals Volatility | Backtest Daejung Chemicals | Information Ratio |
Daejung Chemicals Trading Date Momentum
| On May 12 2024 Daejung Chemicals Metals was traded for 16,860 at the closing time. The highest price during the trading period was 17,090 and the lowest recorded bid was listed for 16,810 . There was no trading activity during the period 0.0. Lack of trading volume on May 12, 2024 did not affect price variability. The overall trading delta to the current price is 0.65% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Daejung Chemicals to competition |
Other Forecasting Options for Daejung Chemicals
For every potential investor in Daejung, whether a beginner or expert, Daejung Chemicals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Daejung Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Daejung. Basic forecasting techniques help filter out the noise by identifying Daejung Chemicals' price trends.Daejung Chemicals 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 Daejung Chemicals stock to make a market-neutral strategy. Peer analysis of Daejung Chemicals could also be used in its relative valuation, which is a method of valuing Daejung Chemicals by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Daejung Chemicals Metals 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 Daejung Chemicals' 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 Daejung Chemicals' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Daejung Chemicals Market Strength Events
Market strength indicators help investors to evaluate how Daejung Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daejung Chemicals shares will generate the highest return on investment. By undertsting and applying Daejung Chemicals stock market strength indicators, traders can identify Daejung Chemicals Metals entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0164 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16950.0 | |||
| Day Typical Price | 16920.0 | |||
| Market Facilitation Index | 280.0 | |||
| Price Action Indicator | (140.00) | |||
| Period Momentum Indicator | (100.00) |
Daejung Chemicals Risk Indicators
The analysis of Daejung Chemicals' 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 Daejung Chemicals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting daejung 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 | 1.09 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.52 | |||
| Downside Variance | 2.87 | |||
| Semi Variance | 2.46 | |||
| Expected Short fall | (1.10) |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Daejung Chemicals to cross-verify your projections. Note that the Daejung Chemicals Metals information on this page should be used as a complementary analysis to other Daejung Chemicals' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Daejung Stock analysis
When running Daejung Chemicals' price analysis, check to measure Daejung Chemicals' 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 Daejung Chemicals is operating at the current time. Most of Daejung Chemicals' value examination focuses on studying past and present price action to predict the probability of Daejung Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daejung Chemicals' price. Additionally, you may evaluate how the addition of Daejung Chemicals to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |