ELMOS SEMICONDUCTOR Stock Forecast - Price Action Indicator
| ELG Stock | EUR 83.90 0.70 0.84% |
ELMOS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ELMOS SEMICONDUCTOR stock prices and determine the direction of ELMOS SEMICONDUCTOR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ELMOS SEMICONDUCTOR's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ELMOS SEMICONDUCTOR to cross-verify your projections. ELMOS |
Most investors in ELMOS SEMICONDUCTOR 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 ELMOS SEMICONDUCTOR's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR Volatility | Backtest ELMOS SEMICONDUCTOR | Information Ratio |
ELMOS SEMICONDUCTOR Trading Date Momentum
| On May 27 2024 ELMOS SEMICONDUCTOR was traded for 83.90 at the closing time. The maximum traded price for the trading interval was 83.90 and the lowest daily price was 83.90 . The daily volume was recorded at 40.0. The volume of trading on 27th of May 2024 did not affect price variability. The overall trading delta to the closing price today 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 ELMOS SEMICONDUCTOR
For every potential investor in ELMOS, whether a beginner or expert, ELMOS SEMICONDUCTOR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ELMOS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ELMOS. Basic forecasting techniques help filter out the noise by identifying ELMOS SEMICONDUCTOR's price trends.ELMOS SEMICONDUCTOR 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 ELMOS SEMICONDUCTOR stock to make a market-neutral strategy. Peer analysis of ELMOS SEMICONDUCTOR could also be used in its relative valuation, which is a method of valuing ELMOS SEMICONDUCTOR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ELMOS SEMICONDUCTOR 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 ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ELMOS SEMICONDUCTOR Market Strength Events
Market strength indicators help investors to evaluate how ELMOS SEMICONDUCTOR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELMOS SEMICONDUCTOR shares will generate the highest return on investment. By undertsting and applying ELMOS SEMICONDUCTOR stock market strength indicators, traders can identify ELMOS SEMICONDUCTOR entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 83.9 | |||
| Day Typical Price | 83.9 | |||
| Price Action Indicator | 0.35 | |||
| Period Momentum Indicator | 0.7 |
ELMOS SEMICONDUCTOR Risk Indicators
The analysis of ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting elmos 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 | 1.82 | |||
| Semi Deviation | 1.98 | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.92 | |||
| Downside Variance | 5.17 | |||
| Semi Variance | 3.93 | |||
| Expected Short fall | (2.08) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of ELMOS SEMICONDUCTOR to cross-verify your projections. Note that the ELMOS SEMICONDUCTOR information on this page should be used as a complementary analysis to other ELMOS SEMICONDUCTOR'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for ELMOS Stock analysis
When running ELMOS SEMICONDUCTOR's price analysis, check to measure ELMOS SEMICONDUCTOR'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 ELMOS SEMICONDUCTOR is operating at the current time. Most of ELMOS SEMICONDUCTOR's value examination focuses on studying past and present price action to predict the probability of ELMOS SEMICONDUCTOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELMOS SEMICONDUCTOR's price. Additionally, you may evaluate how the addition of ELMOS SEMICONDUCTOR to your portfolios can decrease your overall portfolio volatility.
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