Woori Technology Stock Forecast - Market Facilitation Index
| 041190 Stock | KRW 8,110 310.00 3.97% |
Woori Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Woori Technology stock prices and determine the direction of Woori Technology Investment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Woori Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Woori Technology to cross-verify your projections. Woori |
Most investors in Woori Technology 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 Woori Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Woori Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Previous Market Facilitation Index | Market Facilitation Index | Trend |
| 2.0E-4 | 330.0 |
| Check Woori Technology Volatility | Backtest Woori Technology | Information Ratio |
Woori Technology Trading Date Momentum
| On May 05 2024 Woori Technology Investment was traded for 8,110 at the closing time. The highest price during the trading period was 8,220 and the lowest recorded bid was listed for 7,890 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 2.59% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Woori Technology to competition |
Other Forecasting Options for Woori Technology
For every potential investor in Woori, whether a beginner or expert, Woori Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Woori Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Woori. Basic forecasting techniques help filter out the noise by identifying Woori Technology's price trends.Woori Technology 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 Woori Technology stock to make a market-neutral strategy. Peer analysis of Woori Technology could also be used in its relative valuation, which is a method of valuing Woori Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Woori Technology Inv 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 Woori Technology'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 Woori Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Woori Technology Market Strength Events
Market strength indicators help investors to evaluate how Woori Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Woori Technology shares will generate the highest return on investment. By undertsting and applying Woori Technology stock market strength indicators, traders can identify Woori Technology Investment entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0401 | |||
| Daily Balance Of Power | 0.9394 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 8055.0 | |||
| Day Typical Price | 8073.33 | |||
| Market Facilitation Index | 330.0 | |||
| Price Action Indicator | 210.0 | |||
| Period Momentum Indicator | 310.0 | |||
| Relative Strength Index | 18.39 |
Woori Technology Risk Indicators
The analysis of Woori Technology'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 Woori Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting woori 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 | 3.84 | |||
| Semi Deviation | 3.28 | |||
| Standard Deviation | 5.58 | |||
| Variance | 31.12 | |||
| Downside Variance | 12.58 | |||
| Semi Variance | 10.73 | |||
| Expected Short fall | (5.68) |
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
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Woori Technology to cross-verify your projections. Note that the Woori Technology Inv information on this page should be used as a complementary analysis to other Woori Technology'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Woori Stock analysis
When running Woori Technology's price analysis, check to measure Woori Technology'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 Woori Technology is operating at the current time. Most of Woori Technology's value examination focuses on studying past and present price action to predict the probability of Woori Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woori Technology's price. Additionally, you may evaluate how the addition of Woori Technology to your portfolios can decrease your overall portfolio volatility.
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