BYD ELECTRONIC Stock Forecast - Price Action Indicator
| 4BY Stock | 3.26 0.10 2.98% |
BYD Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BYD ELECTRONIC stock prices and determine the direction of BYD ELECTRONIC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BYD ELECTRONIC's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of BYD ELECTRONIC to cross-verify your projections. BYD |
Most investors in BYD ELECTRONIC 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 BYD ELECTRONIC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BYD ELECTRONIC's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check BYD ELECTRONIC Volatility | Backtest BYD ELECTRONIC | Information Ratio |
BYD ELECTRONIC Trading Date Momentum
| On May 07 2024 BYD ELECTRONIC was traded for 3.26 at the closing time. The highest price during the trading period was 3.27 and the lowest recorded bid was listed for 3.26 . There was no trading activity during the period 0.0. Lack of trading volume on May 7, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for BYD ELECTRONIC
For every potential investor in BYD, whether a beginner or expert, BYD ELECTRONIC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BYD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BYD. Basic forecasting techniques help filter out the noise by identifying BYD ELECTRONIC's price trends.BYD ELECTRONIC 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 BYD ELECTRONIC stock to make a market-neutral strategy. Peer analysis of BYD ELECTRONIC could also be used in its relative valuation, which is a method of valuing BYD ELECTRONIC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BYD ELECTRONIC 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 BYD ELECTRONIC'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 BYD ELECTRONIC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BYD ELECTRONIC Market Strength Events
Market strength indicators help investors to evaluate how BYD ELECTRONIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYD ELECTRONIC shares will generate the highest return on investment. By undertsting and applying BYD ELECTRONIC stock market strength indicators, traders can identify BYD ELECTRONIC entry and exit signals to maximize returns.
BYD ELECTRONIC Risk Indicators
The analysis of BYD ELECTRONIC'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 BYD ELECTRONIC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting byd 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 | 3.15 | |||
| Semi Deviation | 3.5 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.13 | |||
| Downside Variance | 14.32 | |||
| Semi Variance | 12.26 | |||
| Expected Short fall | (3.65) |
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 BYD ELECTRONIC to cross-verify your projections. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for BYD Stock analysis
When running BYD ELECTRONIC's price analysis, check to measure BYD ELECTRONIC'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 BYD ELECTRONIC is operating at the current time. Most of BYD ELECTRONIC's value examination focuses on studying past and present price action to predict the probability of BYD ELECTRONIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD ELECTRONIC's price. Additionally, you may evaluate how the addition of BYD ELECTRONIC to your portfolios can decrease your overall portfolio volatility.
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