BNP Paribas OTC Stock Forecast - Price Action Indicator

BNPQF
 Stock
  

USD 54.40  1.08  1.95%   

BNPQF OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BNP Paribas historical stock prices and determine the direction of BNP Paribas SA's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of BNP Paribas historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of BNP Paribas to cross-verify your projections.
  
BNP Paribas SA has current Price Action Indicator of 0.
Most investors in BNP Paribas 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 BNP Paribas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BNP Paribas' 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.
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(0.90)0
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BNP Paribas Trading Date Momentum

On December 05 2022 BNP Paribas SA was traded for  54.40  at the closing time. The highest daily price throughout the period was 55.63  and the lowest price was  54.40 . There was no trading activity during the period 0.0. Lack of trading volume on 12/05/2022 did not affect price variability. The overall trading delta to current closing price is 1.05% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare BNP Paribas to competition

Other Forecasting Options for BNP Paribas

For every potential investor in BNPQF, whether a beginner or expert, BNP Paribas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BNPQF OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BNPQF. Basic forecasting techniques help filter out the noise by identifying BNP Paribas' price trends.

BNP Paribas 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 BNP Paribas otc stock to make a market-neutral strategy. Peer analysis of BNP Paribas could also be used in its relative valuation, which is a method of valuing BNP Paribas by comparing valuation metrics with similar companies.
Ameris BancorpAffinity BancsharesAmalgamated BankAmerican NationalAmerant BancorpArrow FinancialAssociated Banc-CorpAmeriServ FinancialAmes NationalAtlantic Union BanksharesAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEAN
 Risk & Return  Correlation

BNP Paribas SA 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 BNP Paribas' 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 BNP Paribas' current price.

BNP Paribas Risk Indicators

The analysis of BNP Paribas' 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 BNP Paribas' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting BNP Paribas 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 BNP Paribas without increasing your portfolio risk or giving up the 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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Pair Trading with BNP Paribas

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 BNP Paribas 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 BNP Paribas will appreciate offsetting losses from the drop in the long position's value.

Moving together with BNP Paribas

+0.77CBSHCommerce Bancshares SplitPairCorr
+0.77COLBColumbia Banking System Downward RallyPairCorr

Moving against BNP Paribas

-0.68SISilvergate Capital Corp Normal TradingPairCorr
-0.56SIVBSVB Financial Group Downward RallyPairCorr
-0.55ITUBItau Unibanco Banco Potential GrowthPairCorr
The ability to find closely correlated positions to BNP Paribas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNP Paribas 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 BNP Paribas - 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 BNP Paribas SA to buy it.
The correlation of BNP Paribas is a statistical measure of how it moves in relation to other equities. 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 BNP Paribas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNP Paribas SA 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 BNP Paribas 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
Continue to Historical Fundamental Analysis of BNP Paribas to cross-verify your projections. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running BNP Paribas SA price analysis, check to measure BNP Paribas' 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 BNP Paribas is operating at the current time. Most of BNP Paribas' value examination focuses on studying past and present price action to predict the probability of BNP Paribas' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BNP Paribas' price. Additionally, you may evaluate how the addition of BNP Paribas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BNP Paribas' value and its price as these two are different measures arrived at by different means. Investors typically determine BNP Paribas value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNP Paribas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.