Magyar Bancorp Stock Forecast - Price Action Indicator
| MGYR Stock | USD 10.99 0.09 0.83% |
Magyar Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Magyar Bancorp stock prices and determine the direction of Magyar Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Magyar Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Magyar Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Magyar Bancorp's systematic risk associated with finding meaningful patterns of Magyar Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Magyar Bancorp to cross-verify your projections. Magyar |
Most investors in Magyar Bancorp 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 Magyar Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Magyar Bancorp'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.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.065 | 0.045 |
| Check Magyar Bancorp Volatility | Backtest Magyar Bancorp | Information Ratio |
Magyar Bancorp Trading Date Momentum
| On June 04 2024 Magyar Bancorp was traded for 10.99 at the closing time. The top price for the day was 10.99 and the lowest listed price was 10.99 . There was no trading activity during the period 0.0. Lack of trading volume on June 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.82% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Magyar Bancorp to competition |
Other Forecasting Options for Magyar Bancorp
For every potential investor in Magyar, whether a beginner or expert, Magyar Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magyar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magyar. Basic forecasting techniques help filter out the noise by identifying Magyar Bancorp's price trends.Magyar Bancorp 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 Magyar Bancorp stock to make a market-neutral strategy. Peer analysis of Magyar Bancorp could also be used in its relative valuation, which is a method of valuing Magyar Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magyar Bancorp 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 Magyar Bancorp'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 Magyar Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Magyar Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Magyar Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magyar Bancorp shares will generate the highest return on investment. By undertsting and applying Magyar Bancorp stock market strength indicators, traders can identify Magyar Bancorp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 10.99 | |||
| Day Typical Price | 10.99 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.09 |
Magyar Bancorp Risk Indicators
The analysis of Magyar Bancorp'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 Magyar Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magyar 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 | 0.9713 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.52 |
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.
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When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.