Summit Global Mutual Fund Forecast - Price Action Indicator
| SGICX Fund | USD 18.61 0.12 0.65% |
Summit Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Summit Global stock prices and determine the direction of Summit Global Investments's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Summit Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Summit Global to cross-verify your projections. Summit |
Most investors in Summit Global cannot accurately predict what will happen the next trading day because, historically, fund 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 Summit Global's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Summit Global'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.| Check Summit Global Volatility | Backtest Summit Global | Information Ratio |
Summit Global Trading Date Momentum
| On May 04 2024 Summit Global Investments was traded for 18.61 at the closing time. The highest daily price throughout the period was 18.61 and the lowest price was 18.61 . There was no trading activity during the period 0.0. Lack of trading volume on 05/04/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Summit Global
For every potential investor in Summit, whether a beginner or expert, Summit Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Summit Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Summit. Basic forecasting techniques help filter out the noise by identifying Summit Global's price trends.Summit Global 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 Summit Global mutual fund to make a market-neutral strategy. Peer analysis of Summit Global could also be used in its relative valuation, which is a method of valuing Summit Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Summit Global Investments Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Summit Global'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 Summit Global's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Summit Global Market Strength Events
Market strength indicators help investors to evaluate how Summit Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit Global shares will generate the highest return on investment. By undertsting and applying Summit Global mutual fund market strength indicators, traders can identify Summit Global Investments entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 18.61 | |||
| Day Typical Price | 18.61 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.12 |
Summit Global Risk Indicators
The analysis of Summit Global'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 Summit Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting summit mutual fund 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 | 0.4205 | |||
| Semi Deviation | 0.5354 | |||
| Standard Deviation | 0.5439 | |||
| Variance | 0.2958 | |||
| Downside Variance | 0.3878 | |||
| Semi Variance | 0.2866 | |||
| Expected Short fall | (0.43) |
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 Summit Global 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, Summit Global's short interest history, or implied volatility extrapolated from Summit Global options trading.
Currently Active Assets on Macroaxis
| LAAC | Lithium Americas Corp | |
| F | Ford Motor | |
| CHPT | ChargePoint Holdings | |
| AXL | American Axle Manufacturing | |
| ICLN | iShares Global Clean |
Check out Historical Fundamental Analysis of Summit Global to cross-verify your projections. Note that the Summit Global Investments information on this page should be used as a complementary analysis to other Summit Global'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.