JINSUNG TEC Stock Forecast - Period Momentum Indicator
| 036890 Stock | KRW 9,810 60.00 0.61% |
JINSUNG Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JINSUNG TEC stock prices and determine the direction of JINSUNG TEC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JINSUNG TEC's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of JINSUNG TEC to cross-verify your projections. JINSUNG |
Most investors in JINSUNG TEC 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 JINSUNG TEC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets JINSUNG TEC'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 |
| (60.00) | (60.00) |
| Check JINSUNG TEC Volatility | Backtest JINSUNG TEC | Information Ratio |
JINSUNG TEC Trading Date Momentum
| On May 02 2024 JINSUNG TEC was traded for 9,810 at the closing time. The highest price during the trading period was 9,870 and the lowest recorded bid was listed for 9,760 . The volume for the day was 47.9 K. This history from May 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.61% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for JINSUNG TEC
For every potential investor in JINSUNG, whether a beginner or expert, JINSUNG TEC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JINSUNG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JINSUNG. Basic forecasting techniques help filter out the noise by identifying JINSUNG TEC's price trends.JINSUNG TEC 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 JINSUNG TEC stock to make a market-neutral strategy. Peer analysis of JINSUNG TEC could also be used in its relative valuation, which is a method of valuing JINSUNG TEC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JINSUNG TEC 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 JINSUNG TEC'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 JINSUNG TEC's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JINSUNG TEC Market Strength Events
Market strength indicators help investors to evaluate how JINSUNG TEC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JINSUNG TEC shares will generate the highest return on investment. By undertsting and applying JINSUNG TEC stock market strength indicators, traders can identify JINSUNG TEC entry and exit signals to maximize returns.
| Accumulation Distribution | 534.15 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9815.0 | |||
| Day Typical Price | 9813.33 | |||
| Market Facilitation Index | 0.0023 | |||
| Price Action Indicator | (35.00) | |||
| Period Momentum Indicator | (60.00) | |||
| Relative Strength Index | 48.64 |
JINSUNG TEC Risk Indicators
The analysis of JINSUNG TEC'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 JINSUNG TEC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jinsung 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 | 1.32 | |||
| Semi Deviation | 1.36 | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.17 | |||
| Downside Variance | 2.23 | |||
| Semi Variance | 1.85 | |||
| Expected Short fall | (1.48) |
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.
Thematic Opportunities
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Check out Historical Fundamental Analysis of JINSUNG TEC to cross-verify your projections. Note that the JINSUNG TEC information on this page should be used as a complementary analysis to other JINSUNG TEC'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for JINSUNG Stock analysis
When running JINSUNG TEC's price analysis, check to measure JINSUNG TEC'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 JINSUNG TEC is operating at the current time. Most of JINSUNG TEC's value examination focuses on studying past and present price action to predict the probability of JINSUNG TEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JINSUNG TEC's price. Additionally, you may evaluate how the addition of JINSUNG TEC to your portfolios can decrease your overall portfolio volatility.
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