VivoPower Stock Forecast is based on your current time horizon. Although VivoPower International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of VivoPower International's systematic risk associated with finding meaningful patterns of VivoPower International fundamentals over time.
On November 17 2024 VivoPower International PLC was traded for 0.82 at the closing time. The top price for the day was 1.11 and the lowest listed price was 0.80 . There was no trading activity during the period 0.0. Lack of trading volume on November 17, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 31.71% .
Other Forecasting Options for VivoPower International
For every potential investor in VivoPower, whether a beginner or expert, VivoPower International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. VivoPower Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in VivoPower. Basic forecasting techniques help filter out the noise by identifying VivoPower International's price trends.
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 VivoPower International stock to make a market-neutral strategy. Peer analysis of VivoPower International could also be used in its relative valuation, which is a method of valuing VivoPower International by comparing valuation metrics with similar companies.
VivoPower International 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 VivoPower International'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 VivoPower International's current price.
Market strength indicators help investors to evaluate how VivoPower International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading VivoPower International shares will generate the highest return on investment. By undertsting and applying VivoPower International stock market strength indicators, traders can identify VivoPower International PLC entry and exit signals to maximize returns.
The analysis of VivoPower International'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 VivoPower International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting vivopower 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 VivoPower International
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 VivoPower International 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 VivoPower International will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to VivoPower International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VivoPower International 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 VivoPower International - 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 VivoPower International PLC to buy it.
The correlation of VivoPower International 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 VivoPower International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VivoPower International 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 VivoPower International 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.
When running VivoPower International's price analysis, check to measure VivoPower International'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 VivoPower International is operating at the current time. Most of VivoPower International's value examination focuses on studying past and present price action to predict the probability of VivoPower International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VivoPower International's price. Additionally, you may evaluate how the addition of VivoPower International to your portfolios can decrease your overall portfolio volatility.