OBSFX SEAFOOD Index Forecast - Daily Balance Of Power

OBSFN
  

 694.94  0.33  0.0475%   

Investors can use prediction functions to forecast OBSFX SEAFOOD historical stock prices and determine the direction of OBSFX SEAFOOD NR's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of OBSFX SEAFOOD historical fundamentals such as revenue growth or operating cash flow patterns. Check out Your Equity Center.
  
OBSFX SEAFOOD NR has current Daily Balance Of Power of 0.
Most investors in OBSFX SEAFOOD 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 OBSFX SEAFOOD's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets OBSFX SEAFOOD's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of OBSFX SEAFOOD NR market sensitivity to bulls and bears. It estimates the ability of OBSFX SEAFOOD buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring OBSFX SEAFOOD Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.02560
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OBSFX SEAFOOD Trading Date Momentum

On August 06 2022 OBSFX SEAFOOD NR was traded for  695.27  at the closing time. The highest price during the trading period was 700.33  and the lowest recorded bid was listed for  692.91 . There was no trading activity during the period 1.0. Lack of trading volume on August 6, 2022 did not cause price change. The trading delta at closing time to the current price is 0.03% .
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.
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OBSFX SEAFOOD 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 OBSFX SEAFOOD index to make a market-neutral strategy. Peer analysis of OBSFX SEAFOOD could also be used in its relative valuation, which is a method of valuing OBSFX SEAFOOD by comparing valuation metrics with similar companies.
Amn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

OBSFX SEAFOOD Risk Indicators

The analysis of OBSFX SEAFOOD's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in OBSFX SEAFOOD's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting OBSFX SEAFOOD stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in OBSFX SEAFOOD without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as OBSFX SEAFOOD NR using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Your Equity Center. Note that the OBSFX SEAFOOD NR information on this page should be used as a complementary analysis to other OBSFX SEAFOOD's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Tools for OBSFX Index

When running OBSFX SEAFOOD NR price analysis, check to measure OBSFX SEAFOOD'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 OBSFX SEAFOOD is operating at the current time. Most of OBSFX SEAFOOD's value examination focuses on studying past and present price action to predict the probability of OBSFX SEAFOOD's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBSFX SEAFOOD's price. Additionally, you may evaluate how the addition of OBSFX SEAFOOD to your portfolios can decrease your overall portfolio volatility.
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