Wedia SA Stock Forecast - Price Action Indicator
| ALWED Stock | EUR 23.80 0.20 0.85% |
Wedia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wedia SA stock prices and determine the direction of Wedia SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wedia SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Wedia SA to cross-verify your projections. Wedia |
Most investors in Wedia SA 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 Wedia SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Wedia SA'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.| Check Wedia SA Volatility | Backtest Wedia SA | Information Ratio |
Wedia SA Trading Date Momentum
| On May 04 2024 Wedia SA was traded for 23.80 at the closing time. The highest price during the trading period was 23.80 and the lowest recorded bid was listed for 23.80 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Wedia SA to competition |
Other Forecasting Options for Wedia SA
For every potential investor in Wedia, whether a beginner or expert, Wedia SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wedia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wedia. Basic forecasting techniques help filter out the noise by identifying Wedia SA's price trends.Wedia SA 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 Wedia SA stock to make a market-neutral strategy. Peer analysis of Wedia SA could also be used in its relative valuation, which is a method of valuing Wedia SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wedia SA 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 Wedia SA'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 Wedia SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wedia SA Market Strength Events
Market strength indicators help investors to evaluate how Wedia SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wedia SA shares will generate the highest return on investment. By undertsting and applying Wedia SA stock market strength indicators, traders can identify Wedia SA entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 23.8 | |||
| Day Typical Price | 23.8 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.2 |
Wedia SA Risk Indicators
The analysis of Wedia SA'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 Wedia SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wedia 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 | 1.4 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.69 |
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 Wedia SA 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, Wedia SA's short interest history, or implied volatility extrapolated from Wedia SA options trading.
Pair Trading with Wedia SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wedia SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wedia SA will appreciate offsetting losses from the drop in the long position's value.Moving against Wedia Stock
| 0.71 | ENGI | Engie SA | PairCorr |
| 0.68 | GNE | General Electric | PairCorr |
| 0.67 | ACA | Credit Agricole SA | PairCorr |
| 0.65 | TTE | TotalEnergies SE | PairCorr |
| 0.62 | BNP | BNP Paribas SA | PairCorr |
The ability to find closely correlated positions to Wedia SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wedia SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wedia SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wedia SA to buy it.
The correlation of Wedia SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wedia SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wedia SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wedia SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Wedia SA to cross-verify your projections. Note that the Wedia SA information on this page should be used as a complementary analysis to other Wedia SA'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Wedia Stock analysis
When running Wedia SA's price analysis, check to measure Wedia SA'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 Wedia SA is operating at the current time. Most of Wedia SA's value examination focuses on studying past and present price action to predict the probability of Wedia SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wedia SA's price. Additionally, you may evaluate how the addition of Wedia SA to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |