Besqab Publ Stock Forecast - Day Typical Price
| BESQ Stock | SEK 31.90 2.20 7.41% |
Besqab Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Besqab Publ stock prices and determine the direction of Besqab publ AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Besqab Publ's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Besqab |
Most investors in Besqab Publ 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 Besqab Publ's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Besqab Publ's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 31.17 | 31.17 |
| Check Besqab Publ Volatility | Backtest Besqab Publ | Information Ratio |
Besqab Publ Trading Date Momentum
| On May 02 2024 Besqab publ AB was traded for 31.90 at the closing time. The highest price during the trading period was 31.90 and the lowest recorded bid was listed for 29.70 . There was no trading activity during the period 0.0. Lack of trading volume on May 2, 2024 did not affect price variability. The overall trading delta to the current price is 6.90% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Besqab Publ to competition
Besqab Publ 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 Besqab Publ stock to make a market-neutral strategy. Peer analysis of Besqab Publ could also be used in its relative valuation, which is a method of valuing Besqab Publ by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Besqab Publ Market Strength Events
Market strength indicators help investors to evaluate how Besqab Publ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Besqab Publ shares will generate the highest return on investment. By undertsting and applying Besqab Publ stock market strength indicators, traders can identify Besqab publ AB entry and exit signals to maximize returns.
Besqab Publ Risk Indicators
The analysis of Besqab Publ'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 Besqab Publ's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting besqab 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 | 1.9 | |||
| Semi Deviation | 1.85 | |||
| Standard Deviation | 3.04 | |||
| Variance | 9.24 | |||
| Downside Variance | 4.75 | |||
| Semi Variance | 3.42 | |||
| Expected Short fall | (2.81) |
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 Besqab Publ 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, Besqab Publ's short interest history, or implied volatility extrapolated from Besqab Publ options trading.
Pair Trading with Besqab Publ
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 Besqab Publ 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 Besqab Publ will appreciate offsetting losses from the drop in the long position's value.Moving against Besqab Stock
| 0.45 | VOLV-B | AB Volvo | PairCorr |
| 0.44 | VOLV-A | AB Volvo | PairCorr |
| 0.42 | SEB-A | Skandinaviska Enskilda | PairCorr |
The ability to find closely correlated positions to Besqab Publ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Besqab Publ 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 Besqab Publ - 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 Besqab publ AB to buy it.
The correlation of Besqab Publ 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 Besqab Publ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Besqab publ AB 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 Besqab Publ 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Besqab Stock analysis
When running Besqab Publ's price analysis, check to measure Besqab Publ'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 Besqab Publ is operating at the current time. Most of Besqab Publ's value examination focuses on studying past and present price action to predict the probability of Besqab Publ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Besqab Publ's price. Additionally, you may evaluate how the addition of Besqab Publ to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |