Wonik Holdings Stock Forecast - Price Action Indicator
| 030530 Stock | KRW 3,555 40.00 1.11% |
Wonik Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wonik Holdings stock prices and determine the direction of Wonik Holdings Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wonik Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Wonik Holdings to cross-verify your projections. Wonik |
Most investors in Wonik Holdings 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 Wonik Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Wonik Holdings' 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 |
| (67.50) | (55.00) |
| Check Wonik Holdings Volatility | Backtest Wonik Holdings | Information Ratio |
Wonik Holdings Trading Date Momentum
| On May 08 2024 Wonik Holdings Co was traded for 3,555 at the closing time. The highest price during the trading period was 3,630 and the lowest recorded bid was listed for 3,550 . There was no trading activity during the period 0.0. Lack of trading volume on May 8, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 1.83% . |
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 Wonik Holdings
For every potential investor in Wonik, whether a beginner or expert, Wonik Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wonik Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wonik. Basic forecasting techniques help filter out the noise by identifying Wonik Holdings' price trends.Wonik Holdings 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 Wonik Holdings stock to make a market-neutral strategy. Peer analysis of Wonik Holdings could also be used in its relative valuation, which is a method of valuing Wonik Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wonik Holdings 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 Wonik Holdings' 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 Wonik Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wonik Holdings Market Strength Events
Market strength indicators help investors to evaluate how Wonik Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wonik Holdings shares will generate the highest return on investment. By undertsting and applying Wonik Holdings stock market strength indicators, traders can identify Wonik Holdings Co entry and exit signals to maximize returns.
| Accumulation Distribution | 0.022 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3590.0 | |||
| Day Typical Price | 3578.33 | |||
| Market Facilitation Index | 80.0 | |||
| Price Action Indicator | (55.00) | |||
| Period Momentum Indicator | (40.00) |
Wonik Holdings Risk Indicators
The analysis of Wonik Holdings' 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 Wonik Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wonik 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 | 2.27 | |||
| Semi Deviation | 2.17 | |||
| Standard Deviation | 4.38 | |||
| Variance | 19.17 | |||
| Downside Variance | 5.61 | |||
| Semi Variance | 4.72 | |||
| Expected Short fall | (2.97) |
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 Wonik Holdings 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, Wonik Holdings' short interest history, or implied volatility extrapolated from Wonik Holdings options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Wonik Holdings to cross-verify your projections. Note that the Wonik Holdings information on this page should be used as a complementary analysis to other Wonik Holdings' 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Wonik Stock analysis
When running Wonik Holdings' price analysis, check to measure Wonik Holdings' 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 Wonik Holdings is operating at the current time. Most of Wonik Holdings' value examination focuses on studying past and present price action to predict the probability of Wonik Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonik Holdings' price. Additionally, you may evaluate how the addition of Wonik Holdings to your portfolios can decrease your overall portfolio volatility.
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