Erech Finance Stock Forecast - Relative Strength Index
| EFNC Stock | 344.10 13.70 3.83% |
Erech Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Erech Finance stock prices and determine the direction of Erech Finance Cahalacha's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Erech Finance's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Investing Opportunities 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. Erech |
Most investors in Erech Finance 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 Erech Finance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Erech Finance's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 33.73 | 33.73 |
| Check Erech Finance Volatility | Backtest Erech Finance | Information Ratio |
Erech Finance Trading Date Momentum
| On May 01 2024 Erech Finance Cahalacha was traded for 344.10 at the closing time. The highest price during the trading period was 344.10 and the lowest recorded bid was listed for 344.10 . The volume for the day was 640. This history from May 1, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Erech Finance 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 Erech Finance stock to make a market-neutral strategy. Peer analysis of Erech Finance could also be used in its relative valuation, which is a method of valuing Erech Finance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Erech Finance Market Strength Events
Market strength indicators help investors to evaluate how Erech Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erech Finance shares will generate the highest return on investment. By undertsting and applying Erech Finance stock market strength indicators, traders can identify Erech Finance Cahalacha entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 344.1 | |||
| Day Typical Price | 344.1 | |||
| Price Action Indicator | (6.85) | |||
| Period Momentum Indicator | (13.70) | |||
| Relative Strength Index | 33.73 |
Erech Finance Risk Indicators
The analysis of Erech Finance'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 Erech Finance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting erech 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 | 2.39 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.88 |
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 Erech Finance 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, Erech Finance's short interest history, or implied volatility extrapolated from Erech Finance options trading.
Pair Trading with Erech Finance
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 Erech Finance 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 Erech Finance will appreciate offsetting losses from the drop in the long position's value.Moving together with Erech Stock
| 0.91 | EPIT | Epitomee Medical | PairCorr |
| 0.81 | BWAY | Brainsway Earnings Call This Week | PairCorr |
| 0.62 | BIOV | Bio View | PairCorr |
Moving against Erech Stock
| 0.88 | INCR | Intercure | PairCorr |
| 0.61 | DSCT | Israel Discount Bank Earnings Call This Week | PairCorr |
| 0.6 | SOFW | Sofwave Medical | PairCorr |
| 0.57 | LUMI | Bank Leumi Le | PairCorr |
| 0.46 | FIBIH | FIBI Holdings | PairCorr |
The ability to find closely correlated positions to Erech Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erech Finance 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 Erech Finance - 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 Erech Finance Cahalacha to buy it.
The correlation of Erech Finance 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 Erech Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erech Finance Cahalacha 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 Erech Finance 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 Investing Opportunities 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Erech Stock analysis
When running Erech Finance's price analysis, check to measure Erech Finance'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 Erech Finance is operating at the current time. Most of Erech Finance's value examination focuses on studying past and present price action to predict the probability of Erech Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erech Finance's price. Additionally, you may evaluate how the addition of Erech Finance to your portfolios can decrease your overall portfolio volatility.
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