YIT Oyj Stock Forecast - Accumulation Distribution
| YIT Stock | EUR 1.99 0.04 2.05% |
YIT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast YIT Oyj stock prices and determine the direction of YIT Oyj's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of YIT Oyj's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of YIT Oyj to cross-verify your projections. YIT |
Most investors in YIT Oyj 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 YIT Oyj's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets YIT Oyj's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which YIT Oyj is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of YIT Oyj to determine if accumulation or reduction is taking place in the market. This value is adjusted by YIT Oyj trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 31049.83 | 6507.04 |
| Check YIT Oyj Volatility | Backtest YIT Oyj | Information Ratio |
YIT Oyj Trading Date Momentum
| On May 03 2024 YIT Oyj was traded for 1.99 at the closing time. The maximum traded price for the trading interval was 2.01 and the lowest daily price was 1.97 . The daily volume was recorded at 327 K. The volume of trading on 3rd of May 2024 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.00% . |
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
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Other Forecasting Options for YIT Oyj
For every potential investor in YIT, whether a beginner or expert, YIT Oyj's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. YIT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in YIT. Basic forecasting techniques help filter out the noise by identifying YIT Oyj's price trends.YIT Oyj 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 YIT Oyj stock to make a market-neutral strategy. Peer analysis of YIT Oyj could also be used in its relative valuation, which is a method of valuing YIT Oyj by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
YIT Oyj 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 YIT Oyj'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 YIT Oyj's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
YIT Oyj Market Strength Events
Market strength indicators help investors to evaluate how YIT Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YIT Oyj shares will generate the highest return on investment. By undertsting and applying YIT Oyj stock market strength indicators, traders can identify YIT Oyj entry and exit signals to maximize returns.
YIT Oyj Risk Indicators
The analysis of YIT Oyj'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 YIT Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yit 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 | 1.57 | |||
| Semi Deviation | 1.99 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.35 | |||
| Downside Variance | 5.12 | |||
| Semi Variance | 3.98 | |||
| Expected Short fall | (1.89) |
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 YIT Oyj 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, YIT Oyj's short interest history, or implied volatility extrapolated from YIT Oyj options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of YIT Oyj to cross-verify your projections. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for YIT Stock analysis
When running YIT Oyj's price analysis, check to measure YIT Oyj'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 YIT Oyj is operating at the current time. Most of YIT Oyj's value examination focuses on studying past and present price action to predict the probability of YIT Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YIT Oyj's price. Additionally, you may evaluate how the addition of YIT Oyj to your portfolios can decrease your overall portfolio volatility.
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