Dongil Steel Stock Forecast - Price Action Indicator
| 023790 Stock | KRW 996.00 20.00 1.97% |
Dongil Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dongil Steel stock prices and determine the direction of Dongil Steel Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dongil Steel's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Dongil Steel to cross-verify your projections. Dongil |
Most investors in Dongil Steel 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 Dongil Steel's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Dongil Steel'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 |
| 9.5 | (5.00) |
| Check Dongil Steel Volatility | Backtest Dongil Steel | Information Ratio |
Dongil Steel Trading Date Momentum
| On May 04 2024 Dongil Steel Co was traded for 996.00 at the closing time. The highest price during the trading period was 1,001 and the lowest recorded bid was listed for 981.00 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 did not affect price variability. The overall trading delta to the current price is 0.90% . |
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 Dongil Steel
For every potential investor in Dongil, whether a beginner or expert, Dongil Steel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dongil Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dongil. Basic forecasting techniques help filter out the noise by identifying Dongil Steel's price trends.Dongil Steel 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 Dongil Steel stock to make a market-neutral strategy. Peer analysis of Dongil Steel could also be used in its relative valuation, which is a method of valuing Dongil Steel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dongil Steel 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 Dongil Steel'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 Dongil Steel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dongil Steel Market Strength Events
Market strength indicators help investors to evaluate how Dongil Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dongil Steel shares will generate the highest return on investment. By undertsting and applying Dongil Steel stock market strength indicators, traders can identify Dongil Steel Co entry and exit signals to maximize returns.
Dongil Steel Risk Indicators
The analysis of Dongil Steel'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 Dongil Steel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dongil 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 | 1.89 | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.23 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dongil Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dongil Steel's short interest history, or implied volatility extrapolated from Dongil Steel options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Dongil Steel to cross-verify your projections. Note that the Dongil Steel information on this page should be used as a complementary analysis to other Dongil Steel'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Dongil Stock analysis
When running Dongil Steel's price analysis, check to measure Dongil Steel'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 Dongil Steel is operating at the current time. Most of Dongil Steel's value examination focuses on studying past and present price action to predict the probability of Dongil Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dongil Steel's price. Additionally, you may evaluate how the addition of Dongil Steel to your portfolios can decrease your overall portfolio volatility.
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