Tourn International Stock Forecast - Accumulation Distribution
| TOURN Stock | SEK 11.40 0.40 3.64% |
Tourn Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tourn International stock prices and determine the direction of Tourn International AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tourn International's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Tourn International to cross-verify your projections. Tourn |
Most investors in Tourn International 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 Tourn International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tourn International's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Tourn International is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Tourn International AB to determine if accumulation or reduction is taking place in the market. This value is adjusted by Tourn International trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1597.49 | 11.49 |
| Check Tourn International Volatility | Backtest Tourn International | Information Ratio |
Tourn International Trading Date Momentum
| On April 29 2024 Tourn International AB was traded for 11.40 at the closing time. The highest price during the trading period was 11.40 and the lowest recorded bid was listed for 11.15 . The volume for the day was 524. This history from April 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.19% . |
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 Tourn International to competition |
Other Forecasting Options for Tourn International
For every potential investor in Tourn, whether a beginner or expert, Tourn International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tourn Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tourn. Basic forecasting techniques help filter out the noise by identifying Tourn International's price trends.Tourn International 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 Tourn International stock to make a market-neutral strategy. Peer analysis of Tourn International could also be used in its relative valuation, which is a method of valuing Tourn International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tourn International 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 Tourn International'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 Tourn International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tourn International Market Strength Events
Market strength indicators help investors to evaluate how Tourn International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tourn International shares will generate the highest return on investment. By undertsting and applying Tourn International stock market strength indicators, traders can identify Tourn International AB entry and exit signals to maximize returns.
Tourn International Risk Indicators
The analysis of Tourn International'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 Tourn International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tourn 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 | 4.1 | |||
| Semi Deviation | 5.54 | |||
| Standard Deviation | 5.52 | |||
| Variance | 30.43 | |||
| Downside Variance | 35.2 | |||
| Semi Variance | 30.65 | |||
| Expected Short fall | (4.25) |
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
Check out Historical Fundamental Analysis of Tourn International to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Tourn Stock analysis
When running Tourn International's price analysis, check to measure Tourn International'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 Tourn International is operating at the current time. Most of Tourn International's value examination focuses on studying past and present price action to predict the probability of Tourn International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourn International's price. Additionally, you may evaluate how the addition of Tourn International to your portfolios can decrease your overall portfolio volatility.
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