Eaco Corp Pink Sheet Forecast - Accumulation Distribution
| EACODelisted Stock | USD 33.00 1.00 3.13% |
Eaco Pink Sheet Forecast is based on your current time horizon.
Eaco |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 30.91 | 0.0303 |
| Check Eaco Corp Volatility | Backtest Eaco Corp | Information Ratio |
Eaco Corp Trading Date Momentum
| On November 10 2024 Eaco Corp was traded for 33.00 at the closing time. The top price for the day was 33.00 and the lowest listed price was 32.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 10, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.03% . |
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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Eaco Corp 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 Eaco Corp pink sheet to make a market-neutral strategy. Peer analysis of Eaco Corp could also be used in its relative valuation, which is a method of valuing Eaco Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eaco Corp Market Strength Events
Market strength indicators help investors to evaluate how Eaco Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eaco Corp shares will generate the highest return on investment. By undertsting and applying Eaco Corp pink sheet market strength indicators, traders can identify Eaco Corp entry and exit signals to maximize returns.
Eaco Corp Risk Indicators
The analysis of Eaco Corp'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 Eaco Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eaco pink sheet 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 | 0.7057 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.61 |
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 Eaco Corp
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 Eaco Corp 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 Eaco Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Eaco Pink Sheet
| 0.61 | QTRHF | Quarterhill | PairCorr |
| 0.55 | BDRL | Blonder Tongue Labor | PairCorr |
| 0.46 | SIMPQ | Simply Inc | PairCorr |
| 0.43 | ETCIA | Electronic Tele Comm | PairCorr |
| 0.41 | ITI | Iteris Inc Upward Rally | PairCorr |
The ability to find closely correlated positions to Eaco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaco Corp 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 Eaco Corp - 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 Eaco Corp to buy it.
The correlation of Eaco Corp 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 Eaco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaco Corp 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 Eaco Corp 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Eaco Pink Sheet
If you are still planning to invest in Eaco Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eaco Corp's history and understand the potential risks before investing.
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