Merida Industry Stock Forecast - Accumulation Distribution
| 9914 Stock | TWD 217.50 14.00 6.05% |
Merida Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Merida Industry stock prices and determine the direction of Merida Industry Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Merida Industry's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Merida Industry to cross-verify your projections. Merida |
Most investors in Merida Industry 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 Merida Industry's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Merida Industry's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Merida Industry is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Merida Industry Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Merida Industry trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 95962.96 | 144691.0 |
| Check Merida Industry Volatility | Backtest Merida Industry | Information Ratio |
Merida Industry Trading Date Momentum
| On May 03 2024 Merida Industry Co was traded for 217.50 at the closing time. The highest price during the trading period was 231.50 and the lowest recorded bid was listed for 215.00 . The volume for the day was 2 M. This history from May 3, 2024 did not cause price change. The trading delta at closing time to the current price is 5.52% . |
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 Merida Industry to competition |
Other Forecasting Options for Merida Industry
For every potential investor in Merida, whether a beginner or expert, Merida Industry's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Merida Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Merida. Basic forecasting techniques help filter out the noise by identifying Merida Industry's price trends.Merida Industry 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 Merida Industry stock to make a market-neutral strategy. Peer analysis of Merida Industry could also be used in its relative valuation, which is a method of valuing Merida Industry by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Merida Industry 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 Merida Industry'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 Merida Industry's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Merida Industry Market Strength Events
Market strength indicators help investors to evaluate how Merida Industry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merida Industry shares will generate the highest return on investment. By undertsting and applying Merida Industry stock market strength indicators, traders can identify Merida Industry Co entry and exit signals to maximize returns.
| Accumulation Distribution | 144691.0 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 223.25 | |||
| Day Typical Price | 221.33 | |||
| Price Action Indicator | (12.75) | |||
| Period Momentum Indicator | (14.00) |
Merida Industry Risk Indicators
The analysis of Merida Industry'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 Merida Industry's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting merida 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 | 1.71 | |||
| Semi Deviation | 0.7367 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.27 | |||
| Downside Variance | 1.63 | |||
| Semi Variance | 0.5427 | |||
| Expected Short fall | (2.50) |
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
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Merida Industry to cross-verify your projections. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Merida Stock analysis
When running Merida Industry's price analysis, check to measure Merida Industry'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 Merida Industry is operating at the current time. Most of Merida Industry's value examination focuses on studying past and present price action to predict the probability of Merida Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merida Industry's price. Additionally, you may evaluate how the addition of Merida Industry to your portfolios can decrease your overall portfolio volatility.
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