PF Industries Stock Forecast - Daily Balance Of Power

PFINDelisted Stock  USD 7.16  0.05  0.70%   
PFIN Stock Forecast is based on your current time horizon.
  
PF Industries has current Daily Balance Of Power of 0.3333. Balance of Power indicator (or BOP) measures the strength of PF Industries market sensitivity to bulls and bears. It estimates the ability of PF Industries buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring PF Industries Balance of Power indicator one can determine a trend of the price direction.
Check PF Industries VolatilityBacktest PF IndustriesInformation Ratio  

PF Industries Trading Date Momentum

On December 23 2024 PF Industries was traded for  7.16  at the closing time. The top price for the day was 7.16  and the lowest listed price was  7.01 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.70% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare PF Industries to competition

PF Industries 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 PF Industries stock to make a market-neutral strategy. Peer analysis of PF Industries could also be used in its relative valuation, which is a method of valuing PF Industries by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PF Industries Market Strength Events

Market strength indicators help investors to evaluate how PF Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PF Industries shares will generate the highest return on investment. By undertsting and applying PF Industries stock market strength indicators, traders can identify PF Industries entry and exit signals to maximize returns.

PF Industries Risk Indicators

The analysis of PF Industries' 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 PF Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pfin 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.
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 PF Industries

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 PF Industries 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 PF Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against PFIN Stock

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  0.6IMHC Imperalis Holding CorpPairCorr
  0.55EPGG Empire Global GamingPairCorr
  0.42CHHE China Health IndustriesPairCorr
  0.42WDLF Social Life NetworkPairCorr
The ability to find closely correlated positions to PF Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PF Industries 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 PF Industries - 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 PF Industries to buy it.
The correlation of PF Industries 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 PF Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PF Industries 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 PF Industries 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.
Pair CorrelationCorrelation Matching
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in PFIN Stock

If you are still planning to invest in PF Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PF Industries' history and understand the potential risks before investing.
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