Nova Technology Stock Forecast - Accumulation Distribution
6613 Stock | 204.50 0.50 0.25% |
Nova Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nova Technology stock prices and determine the direction of Nova Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nova Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nova Technology to cross-verify your projections. Nova |
Most investors in Nova Technology 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 Nova Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nova Technology's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Nova Technology is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nova Technology to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nova Technology trading volume to give more weight to distributions with higher volume over lower volume.Previous Accumulation Distribution | Accumulation Distribution | Trend |
2586.45 | 0.0121 |
Check Nova Technology Volatility | Backtest Nova Technology | Information Ratio |
Nova Technology Trading Date Momentum
On April 28 2024 Nova Technology was traded for 204.50 at the closing time. The highest price during the trading period was 207.00 and the lowest recorded bid was listed for 204.50 . There was no trading activity during the period 0.0. Lack of trading volume on April 28, 2024 did not cause price change. The trading delta at closing time to the current price is 0.49% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Nova Technology to competition |
Other Forecasting Options for Nova Technology
For every potential investor in Nova, whether a beginner or expert, Nova Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nova Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nova. Basic forecasting techniques help filter out the noise by identifying Nova Technology's price trends.Nova Technology 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 Nova Technology stock to make a market-neutral strategy. Peer analysis of Nova Technology could also be used in its relative valuation, which is a method of valuing Nova Technology by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Nova Technology 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 Nova Technology'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 Nova Technology's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Nova Technology Market Strength Events
Market strength indicators help investors to evaluate how Nova Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Technology shares will generate the highest return on investment. By undertsting and applying Nova Technology stock market strength indicators, traders can identify Nova Technology entry and exit signals to maximize returns.
Nova Technology Risk Indicators
The analysis of Nova Technology'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 Nova Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nova 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.
Mean Deviation | 1.48 | |||
Semi Deviation | 1.52 | |||
Standard Deviation | 2.35 | |||
Variance | 5.51 | |||
Downside Variance | 6.15 | |||
Semi Variance | 2.31 | |||
Expected Short fall | (1.77) |
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.
Thematic Opportunities
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Check out Historical Fundamental Analysis of Nova Technology to cross-verify your projections. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Nova Stock analysis
When running Nova Technology's price analysis, check to measure Nova Technology'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 Nova Technology is operating at the current time. Most of Nova Technology's value examination focuses on studying past and present price action to predict the probability of Nova Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Technology's price. Additionally, you may evaluate how the addition of Nova Technology to your portfolios can decrease your overall portfolio volatility.
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