Companhia Siderurgica Stock Forecast - Accumulation Distribution
| SID Stock | USD 2.77 0.05 1.77% |
Companhia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Companhia Siderurgica stock prices and determine the direction of Companhia Siderurgica Nacional's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Companhia Siderurgica's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Companhia Siderurgica to cross-verify your projections. Companhia |
Most investors in Companhia Siderurgica 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 Companhia Siderurgica's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Companhia Siderurgica's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Companhia Siderurgica is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Companhia Siderurgica Nacional to determine if accumulation or reduction is taking place in the market. This value is adjusted by Companhia Siderurgica trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 21308.57 | 0.0212 |
| Check Companhia Siderurgica Volatility | Backtest Companhia Siderurgica | Information Ratio |
Companhia Siderurgica Trading Date Momentum
| On May 08 2024 Companhia Siderurgica Nacional was traded for 2.77 at the closing time. Highest Companhia Siderurgica's price during the trading hours was 2.83 and the lowest price during the day was 2.77 . There was no trading activity during the period 0.0. Lack of trading volume on the 8th of May did not affect price variability. The overall trading delta to current price is 1.44% . |
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 Companhia Siderurgica to competition |
Other Forecasting Options for Companhia Siderurgica
For every potential investor in Companhia, whether a beginner or expert, Companhia Siderurgica's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Companhia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Companhia. Basic forecasting techniques help filter out the noise by identifying Companhia Siderurgica's price trends.Companhia Siderurgica 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 Companhia Siderurgica stock to make a market-neutral strategy. Peer analysis of Companhia Siderurgica could also be used in its relative valuation, which is a method of valuing Companhia Siderurgica by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Companhia Siderurgica 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 Companhia Siderurgica'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 Companhia Siderurgica's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Companhia Siderurgica Market Strength Events
Market strength indicators help investors to evaluate how Companhia Siderurgica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Siderurgica shares will generate the highest return on investment. By undertsting and applying Companhia Siderurgica stock market strength indicators, traders can identify Companhia Siderurgica Nacional entry and exit signals to maximize returns.
Companhia Siderurgica Risk Indicators
The analysis of Companhia Siderurgica'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 Companhia Siderurgica's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting companhia 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 | 1.82 | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.32 |
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.
Currently Active Assets on Macroaxis
When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Companhia Siderurgica to cross-verify your projections. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Companhia Stock analysis
When running Companhia Siderurgica's price analysis, check to measure Companhia Siderurgica'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 Companhia Siderurgica is operating at the current time. Most of Companhia Siderurgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderurgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Siderurgica's price. Additionally, you may evaluate how the addition of Companhia Siderurgica to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Siderurgica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Siderurgica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Siderurgica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.