JUSUNG ENGINEERING Stock Forecast - Period Momentum Indicator
| 036930 Stock | KRW 34,350 950.00 2.69% |
JUSUNG Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JUSUNG ENGINEERING stock prices and determine the direction of JUSUNG ENGINEERING Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JUSUNG ENGINEERING's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of JUSUNG ENGINEERING to cross-verify your projections. JUSUNG |
Most investors in JUSUNG ENGINEERING 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 JUSUNG ENGINEERING's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets JUSUNG ENGINEERING'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 |
| 150.0 | (950.00) |
| Check JUSUNG ENGINEERING Volatility | Backtest JUSUNG ENGINEERING | Information Ratio |
JUSUNG ENGINEERING Trading Date Momentum
| On May 05 2024 JUSUNG ENGINEERING Co was traded for 34,350 at the closing time. The highest price during the trading period was 34,850 and the lowest recorded bid was listed for 32,100 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not cause price change. The trading delta at closing time to the current price is 0.44% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare JUSUNG ENGINEERING to competition |
Other Forecasting Options for JUSUNG ENGINEERING
For every potential investor in JUSUNG, whether a beginner or expert, JUSUNG ENGINEERING's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JUSUNG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JUSUNG. Basic forecasting techniques help filter out the noise by identifying JUSUNG ENGINEERING's price trends.JUSUNG ENGINEERING 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 JUSUNG ENGINEERING stock to make a market-neutral strategy. Peer analysis of JUSUNG ENGINEERING could also be used in its relative valuation, which is a method of valuing JUSUNG ENGINEERING by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JUSUNG ENGINEERING 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 JUSUNG ENGINEERING'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 JUSUNG ENGINEERING's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JUSUNG ENGINEERING Market Strength Events
Market strength indicators help investors to evaluate how JUSUNG ENGINEERING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JUSUNG ENGINEERING shares will generate the highest return on investment. By undertsting and applying JUSUNG ENGINEERING stock market strength indicators, traders can identify JUSUNG ENGINEERING Co entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0789 | |||
| Daily Balance Of Power | (0.35) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 33475.0 | |||
| Day Typical Price | 33766.67 | |||
| Market Facilitation Index | 2750.0 | |||
| Price Action Indicator | 400.0 | |||
| Period Momentum Indicator | (950.00) | |||
| Relative Strength Index | 68.0 |
JUSUNG ENGINEERING Risk Indicators
The analysis of JUSUNG ENGINEERING'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 JUSUNG ENGINEERING's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jusung 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 | 2.67 | |||
| Semi Deviation | 3.13 | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.09 | |||
| Downside Variance | 10.24 | |||
| Semi Variance | 9.79 | |||
| Expected Short fall | (2.79) |
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 JUSUNG ENGINEERING to cross-verify your projections. Note that the JUSUNG ENGINEERING information on this page should be used as a complementary analysis to other JUSUNG ENGINEERING'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for JUSUNG Stock analysis
When running JUSUNG ENGINEERING's price analysis, check to measure JUSUNG ENGINEERING'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 JUSUNG ENGINEERING is operating at the current time. Most of JUSUNG ENGINEERING's value examination focuses on studying past and present price action to predict the probability of JUSUNG ENGINEERING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JUSUNG ENGINEERING's price. Additionally, you may evaluate how the addition of JUSUNG ENGINEERING to your portfolios can decrease your overall portfolio volatility.
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