Bucharest BET-NG (Romania) Market Value

BETNG Index   1,135  6.57  0.58%   
Bucharest BET-NG's market value is the price at which a share of Bucharest BET-NG stock trades on a public exchange. It measures the collective expectations of Bucharest BET-NG investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bucharest BET-NG and determine expected loss or profit from investing in Bucharest BET-NG over a given investment horizon.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in price.
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Pair Trading with Bucharest BET-NG

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 Bucharest BET-NG 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 Bucharest BET-NG will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bucharest Index

  0.68ELZY Electroprecizia SAPairCorr
  0.78EBS Erste Group BankPairCorr
The ability to find closely correlated positions to Bucharest BET-NG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bucharest BET-NG 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 Bucharest BET-NG - 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 Bucharest BET-NG to buy it.
The correlation of Bucharest BET-NG 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 Bucharest BET-NG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bucharest BET-NG 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 Bucharest BET-NG 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Bucharest BET-NG information on this page should be used as a complementary analysis to other Bucharest BET-NG'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 the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Bucharest Index analysis

When running Bucharest BET-NG's price analysis, check to measure Bucharest BET-NG'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 Bucharest BET-NG is operating at the current time. Most of Bucharest BET-NG's value examination focuses on studying past and present price action to predict the probability of Bucharest BET-NG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bucharest BET-NG's price. Additionally, you may evaluate how the addition of Bucharest BET-NG to your portfolios can decrease your overall portfolio volatility.
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A focus of Bucharest BET-NG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bucharest BET-NG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...