Gentas Genel Stock Forecast - Daily Balance Of Power
| GENTS Stock | TRY 8.42 0.13 1.57% |
Gentas Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gentas Genel stock prices and determine the direction of Gentas Genel Metal's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gentas Genel's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Gentas Genel to cross-verify your projections. Gentas |
Most investors in Gentas Genel 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 Gentas Genel's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Gentas Genel's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Gentas Genel Metal market sensitivity to bulls and bears. It estimates the ability of Gentas Genel buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Gentas Genel Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5455 | 0.3939 |
| Check Gentas Genel Volatility | Backtest Gentas Genel | Information Ratio |
Gentas Genel Trading Date Momentum
| On June 05 2024 Gentas Genel Metal was traded for 8.42 at the closing time. The highest price during the trading period was 8.43 and the lowest recorded bid was listed for 8.10 . The volume for the day was 1.9 M. This history from June 5, 2024 did not cause price change. The overall trading delta to the current price is 1.66% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Gentas Genel to competition |
Other Forecasting Options for Gentas Genel
For every potential investor in Gentas, whether a beginner or expert, Gentas Genel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gentas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gentas. Basic forecasting techniques help filter out the noise by identifying Gentas Genel's price trends.Gentas Genel 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 Gentas Genel stock to make a market-neutral strategy. Peer analysis of Gentas Genel could also be used in its relative valuation, which is a method of valuing Gentas Genel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gentas Genel Metal 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 Gentas Genel'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 Gentas Genel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gentas Genel Market Strength Events
Market strength indicators help investors to evaluate how Gentas Genel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gentas Genel shares will generate the highest return on investment. By undertsting and applying Gentas Genel stock market strength indicators, traders can identify Gentas Genel Metal entry and exit signals to maximize returns.
| Accumulation Distribution | 75165.86 | |||
| Daily Balance Of Power | 0.3939 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 8.27 | |||
| Day Typical Price | 8.32 | |||
| Price Action Indicator | 0.22 | |||
| Period Momentum Indicator | 0.13 |
Gentas Genel Risk Indicators
The analysis of Gentas Genel'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 Gentas Genel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gentas 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 | 2.07 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.55 |
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 Gentas Genel
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 Gentas Genel 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 Gentas Genel will appreciate offsetting losses from the drop in the long position's value.Moving together with Gentas Stock
Moving against Gentas Stock
| 0.64 | KENT | Kent Gida Maddeleri | PairCorr |
| 0.6 | YESIL | Yesil Yatirim Holding | PairCorr |
| 0.47 | BURVA | Burcelik Vana Sanayi | PairCorr |
The ability to find closely correlated positions to Gentas Genel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gentas Genel 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 Gentas Genel - 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 Gentas Genel Metal to buy it.
The correlation of Gentas Genel 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 Gentas Genel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gentas Genel Metal 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 Gentas Genel 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.Other Information on Investing in Gentas Stock
Gentas Genel financial ratios help investors to determine whether Gentas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gentas with respect to the benefits of owning Gentas Genel security.