Sligro Food Stock Forecast - Period Momentum Indicator
| SLIGR Stock | EUR 13.60 0.18 1.31% |
Sligro Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sligro Food stock prices and determine the direction of Sligro Food Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sligro Food's historical fundamentals, such as revenue growth or operating cash flow patterns.
Sligro |
Most investors in Sligro Food 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 Sligro Food's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sligro Food's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.18) | (0.18) |
| Check Sligro Food Volatility | Backtest Sligro Food | Information Ratio |
Sligro Food Trading Date Momentum
| On June 11 2024 Sligro Food Group was traded for 13.60 at the closing time. The highest price during the trading period was 13.80 and the lowest recorded bid was listed for 13.54 . The volume for the day was 15.6 K. This history from June 11, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.74% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Sligro Food to competition |
Other Forecasting Options for Sligro Food
For every potential investor in Sligro, whether a beginner or expert, Sligro Food's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sligro Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sligro. Basic forecasting techniques help filter out the noise by identifying Sligro Food's price trends.Sligro Food 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 Sligro Food stock to make a market-neutral strategy. Peer analysis of Sligro Food could also be used in its relative valuation, which is a method of valuing Sligro Food by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sligro Food Group 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 Sligro Food'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 Sligro Food's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sligro Food Market Strength Events
Market strength indicators help investors to evaluate how Sligro Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sligro Food shares will generate the highest return on investment. By undertsting and applying Sligro Food stock market strength indicators, traders can identify Sligro Food Group entry and exit signals to maximize returns.
| Accumulation Distribution | 293.14 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.67 | |||
| Day Typical Price | 13.65 | |||
| Price Action Indicator | (0.16) | |||
| Period Momentum Indicator | (0.18) |
Sligro Food Risk Indicators
The analysis of Sligro Food'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 Sligro Food's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sligro 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 | 0.7472 | |||
| Semi Deviation | 0.945 | |||
| Standard Deviation | 0.9959 | |||
| Variance | 0.9917 | |||
| Downside Variance | 1.12 | |||
| Semi Variance | 0.8931 | |||
| Expected Short fall | (0.83) |
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 Sligro Food
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 Sligro Food 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 Sligro Food will appreciate offsetting losses from the drop in the long position's value.Moving together with Sligro Stock
| 0.62 | INGA | ING Groep NV | PairCorr |
| 0.76 | AGN | Aegon NV | PairCorr |
| 0.75 | SHELL | Shell PLC | PairCorr |
| 0.72 | NN | NN Group NV | PairCorr |
The ability to find closely correlated positions to Sligro Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sligro Food 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 Sligro Food - 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 Sligro Food Group to buy it.
The correlation of Sligro Food 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 Sligro Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sligro Food Group 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 Sligro Food 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 Sligro Stock
Sligro Food financial ratios help investors to determine whether Sligro 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 Sligro with respect to the benefits of owning Sligro Food security.