Astra Graphia Stock Forecast - Day Typical Price
ASGR Stock | IDR 770.00 1.00 0.13% |
Astra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Astra Graphia stock prices and determine the direction of Astra Graphia Tbk's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Astra Graphia's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Astra Graphia to cross-verify your projections. Astra |
Most investors in Astra Graphia 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 Astra Graphia's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Astra Graphia's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.Previous Day Typical Price | Day Typical Price | Trend |
771.67 | 771.67 |
Check Astra Graphia Volatility | Backtest Astra Graphia | Information Ratio |
Astra Graphia Trading Date Momentum
On May 05 2024 Astra Graphia Tbk was traded for 770.00 at the closing time. The highest price during the trading period was 780.00 and the lowest recorded bid was listed for 765.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Astra Graphia to competition |
Other Forecasting Options for Astra Graphia
For every potential investor in Astra, whether a beginner or expert, Astra Graphia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Astra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Astra. Basic forecasting techniques help filter out the noise by identifying Astra Graphia's price trends.Astra Graphia 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 Astra Graphia stock to make a market-neutral strategy. Peer analysis of Astra Graphia could also be used in its relative valuation, which is a method of valuing Astra Graphia by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Astra Graphia Tbk 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 Astra Graphia'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 Astra Graphia's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Astra Graphia Market Strength Events
Market strength indicators help investors to evaluate how Astra Graphia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astra Graphia shares will generate the highest return on investment. By undertsting and applying Astra Graphia stock market strength indicators, traders can identify Astra Graphia Tbk entry and exit signals to maximize returns.
Astra Graphia Risk Indicators
The analysis of Astra Graphia'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 Astra Graphia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting astra 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 | 0.7884 | |||
Standard Deviation | 1.33 | |||
Variance | 1.78 |
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 Astra Graphia
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 Astra Graphia 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 Astra Graphia will appreciate offsetting losses from the drop in the long position's value.Moving together with Astra Stock
0.74 | BYAN | Bayan Resources Tbk | PairCorr |
Moving against Astra Stock
0.76 | TPIA | Chandra Asri Petroch | PairCorr |
0.43 | BMRI | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to Astra Graphia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astra Graphia 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 Astra Graphia - 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 Astra Graphia Tbk to buy it.
The correlation of Astra Graphia 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 Astra Graphia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astra Graphia Tbk 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 Astra Graphia 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 Astra Graphia to cross-verify your projections. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Astra Stock analysis
When running Astra Graphia's price analysis, check to measure Astra Graphia'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 Astra Graphia is operating at the current time. Most of Astra Graphia's value examination focuses on studying past and present price action to predict the probability of Astra Graphia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Graphia's price. Additionally, you may evaluate how the addition of Astra Graphia to your portfolios can decrease your overall portfolio volatility.
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