As Commercial Stock Forecast - Price Action Indicator
| ASCO Stock | EUR 2.60 0.04 1.52% |
ASCO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast As Commercial stock prices and determine the direction of As Commercial Industrial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of As Commercial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of As Commercial to cross-verify your projections. ASCO |
Most investors in As Commercial 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 As Commercial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets As Commercial'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 |
| (0.04) | (0.04) |
| Check As Commercial Volatility | Backtest As Commercial | Information Ratio |
As Commercial Trading Date Momentum
| On April 28 2024 As Commercial Industrial was traded for 2.60 at the closing time. The highest price during the trading period was 2.65 and the lowest recorded bid was listed for 2.60 . There was no trading activity during the period 0.0. Lack of trading volume on April 28, 2024 did not affect price variability. The overall trading delta to the current price is 1.54% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare As Commercial to competition |
Other Forecasting Options for As Commercial
For every potential investor in ASCO, whether a beginner or expert, As Commercial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ASCO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ASCO. Basic forecasting techniques help filter out the noise by identifying As Commercial's price trends.As Commercial 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 As Commercial stock to make a market-neutral strategy. Peer analysis of As Commercial could also be used in its relative valuation, which is a method of valuing As Commercial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
As Commercial Industrial 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 As Commercial'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 As Commercial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
As Commercial Market Strength Events
Market strength indicators help investors to evaluate how As Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading As Commercial shares will generate the highest return on investment. By undertsting and applying As Commercial stock market strength indicators, traders can identify As Commercial Industrial entry and exit signals to maximize returns.
As Commercial Risk Indicators
The analysis of As Commercial'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 As Commercial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asco 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 | 0.6278 | |||
| Semi Deviation | 0.6735 | |||
| Standard Deviation | 0.9558 | |||
| Variance | 0.9135 | |||
| Downside Variance | 1.28 | |||
| Semi Variance | 0.4536 | |||
| Expected Short fall | (1.06) |
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.
Pair Trading with As Commercial
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 As Commercial 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 As Commercial will appreciate offsetting losses from the drop in the long position's value.Moving together with ASCO Stock
| 0.78 | KYRI | Kiriacoulis Mediterranean | PairCorr |
| 0.64 | DAIOS | Daios Plastics SA | PairCorr |
| 0.63 | TELL | Bank of Greece | PairCorr |
The ability to find closely correlated positions to As Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace As Commercial 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 As Commercial - 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 As Commercial Industrial to buy it.
The correlation of As Commercial 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 As Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if As Commercial Industrial 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 As Commercial 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 As Commercial to cross-verify your projections. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for ASCO Stock analysis
When running As Commercial's price analysis, check to measure As Commercial'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 As Commercial is operating at the current time. Most of As Commercial's value examination focuses on studying past and present price action to predict the probability of As Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move As Commercial's price. Additionally, you may evaluate how the addition of As Commercial to your portfolios can decrease your overall portfolio volatility.
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