AFC Ajax Stock Forecast - Price Action Indicator
| AJAX Stock | EUR 10.40 0.05 0.48% |
AFC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AFC Ajax stock prices and determine the direction of AFC Ajax NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AFC Ajax's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of AFC Ajax to cross-verify your projections. AFC |
Most investors in AFC Ajax 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 AFC Ajax's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AFC Ajax's 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.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.05 | 0.075 |
| Check AFC Ajax Volatility | Backtest AFC Ajax | Information Ratio |
AFC Ajax Trading Date Momentum
| On May 03 2024 AFC Ajax NV was traded for 10.40 at the closing time. The highest price during the trading period was 10.45 and the lowest recorded bid was listed for 10.15 . The volume for the day was 5.2 K. This history from May 3, 2024 did not affect price variability. The overall trading delta to the current price is 1.44% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare AFC Ajax to competition |
Other Forecasting Options for AFC Ajax
For every potential investor in AFC, whether a beginner or expert, AFC Ajax's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AFC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AFC. Basic forecasting techniques help filter out the noise by identifying AFC Ajax's price trends.AFC Ajax 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 AFC Ajax stock to make a market-neutral strategy. Peer analysis of AFC Ajax could also be used in its relative valuation, which is a method of valuing AFC Ajax by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AFC Ajax NV 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 AFC Ajax'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 AFC Ajax's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
AFC Ajax Market Strength Events
Market strength indicators help investors to evaluate how AFC Ajax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AFC Ajax shares will generate the highest return on investment. By undertsting and applying AFC Ajax stock market strength indicators, traders can identify AFC Ajax NV entry and exit signals to maximize returns.
AFC Ajax Risk Indicators
The analysis of AFC Ajax'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 AFC Ajax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting afc 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 | 0.6725 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.08 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AFC Ajax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AFC Ajax's short interest history, or implied volatility extrapolated from AFC Ajax options trading.
Pair Trading with AFC Ajax
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 AFC Ajax 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 AFC Ajax will appreciate offsetting losses from the drop in the long position's value.Moving against AFC Stock
| 0.52 | ASML | ASML Holding NV | PairCorr |
| 0.49 | VEON | VEON | PairCorr |
| 0.46 | EXO | Exor NV | PairCorr |
The ability to find closely correlated positions to AFC Ajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AFC Ajax 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 AFC Ajax - 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 AFC Ajax NV to buy it.
The correlation of AFC Ajax is a statistical measure of how it moves in relation to other instruments. 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 AFC Ajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AFC Ajax NV 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 AFC Ajax 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.Check out Historical Fundamental Analysis of AFC Ajax to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for AFC Stock analysis
When running AFC Ajax's price analysis, check to measure AFC Ajax'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 AFC Ajax is operating at the current time. Most of AFC Ajax's value examination focuses on studying past and present price action to predict the probability of AFC Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFC Ajax's price. Additionally, you may evaluate how the addition of AFC Ajax to your portfolios can decrease your overall portfolio volatility.
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