OBSHX SHIPPING Index Forecast - Day Typical Price

OBSHP
  

 101.62  6.03  5.60%   

Investors can use prediction functions to forecast OBSHX SHIPPING historical stock prices and determine the direction of OBSHX SHIPPING PR'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 OBSHX SHIPPING historical fundamentals such as revenue growth or operating cash flow patterns. Check out Your Equity Center.
On August 9, 2022 OBSHX SHIPPING PR had Day Typical Price of 108.67.
Most investors in OBSHX SHIPPING 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 OBSHX SHIPPING's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets OBSHX SHIPPING's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
  Previous Day Typical PriceDay Typical PriceTrend
105.73108.67
Check OBSHX SHIPPING VolatilityBacktest OBSHX SHIPPINGTrend Details  

OBSHX SHIPPING Trading Date Momentum

On August 11 2022 OBSHX SHIPPING PR was traded for  112.98  at the closing time. The highest price during the trading period was 113.07  and the lowest recorded bid was listed for  110.18 . There was no trading activity during the period 1.0. Lack of trading volume on August 11, 2022 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 3.67% . The trading delta at closing time to the current price is 4.89% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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OBSHX SHIPPING 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 OBSHX SHIPPING index to make a market-neutral strategy. Peer analysis of OBSHX SHIPPING could also be used in its relative valuation, which is a method of valuing OBSHX SHIPPING by comparing valuation metrics with similar companies.
Amn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil CorpPowered Brands Cl
 Risk & Return  Correlation

OBSHX SHIPPING Market Strength Events

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

OBSHX SHIPPING Risk Indicators

The analysis of OBSHX SHIPPING'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 OBSHX SHIPPING's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting OBSHX SHIPPING 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 OBSHX SHIPPING 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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as OBSHX SHIPPING PR 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. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Tools for OBSHX Index

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