Blue Bird Stock Forecast - Price Action Indicator
| BIRD Stock | IDR 1,530 30.00 1.92% |
Blue Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Blue Bird stock prices and determine the direction of Blue Bird Tbk's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Blue Bird's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Blue Bird to cross-verify your projections. Blue |
Most investors in Blue Bird 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 Blue Bird's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Blue Bird'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.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (37.50) | (35.00) |
| Check Blue Bird Volatility | Backtest Blue Bird | Information Ratio |
Blue Bird Trading Date Momentum
| On May 06 2024 Blue Bird Tbk was traded for 1,530 at the closing time. The highest price during the trading period was 1,570 and the lowest recorded bid was listed for 1,530 . There was no trading activity during the period 0.0. Lack of trading volume on May 6, 2024 did not affect price variability. The overall trading delta to the current price is 2.29% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Blue Bird to competition |
Other Forecasting Options for Blue Bird
For every potential investor in Blue, whether a beginner or expert, Blue Bird's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Blue Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Blue. Basic forecasting techniques help filter out the noise by identifying Blue Bird's price trends.Blue Bird 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 Blue Bird stock to make a market-neutral strategy. Peer analysis of Blue Bird could also be used in its relative valuation, which is a method of valuing Blue Bird by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Blue Bird Tbk 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 Blue Bird'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 Blue Bird's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Blue Bird Market Strength Events
Market strength indicators help investors to evaluate how Blue Bird stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Bird shares will generate the highest return on investment. By undertsting and applying Blue Bird stock market strength indicators, traders can identify Blue Bird Tbk entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0255 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1550.0 | |||
| Day Typical Price | 1543.33 | |||
| Market Facilitation Index | 40.0 | |||
| Price Action Indicator | (35.00) | |||
| Period Momentum Indicator | (30.00) | |||
| Relative Strength Index | 28.34 |
Blue Bird Risk Indicators
The analysis of Blue Bird'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 Blue Bird's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blue 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 | 1.34 | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.51 |
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.
Pair Trading with Blue Bird
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 Blue Bird 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 Blue Bird will appreciate offsetting losses from the drop in the long position's value.Moving together with Blue Stock
| 0.8 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.68 | ASII | Astra International Tbk | PairCorr |
Moving against Blue Stock
| 0.75 | TPIA | Chandra Asri Petroch | PairCorr |
| 0.49 | MDKA | Merdeka Copper Gold | PairCorr |
The ability to find closely correlated positions to Blue Bird could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Bird 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 Blue Bird - 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 Blue Bird Tbk to buy it.
The correlation of Blue Bird 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 Blue Bird moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Bird Tbk 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 Blue Bird 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 Blue Bird to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Blue Stock analysis
When running Blue Bird's price analysis, check to measure Blue Bird'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 Blue Bird is operating at the current time. Most of Blue Bird's value examination focuses on studying past and present price action to predict the probability of Blue Bird's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Bird's price. Additionally, you may evaluate how the addition of Blue Bird to your portfolios can decrease your overall portfolio volatility.
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