Penta Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Penta Ocean's historical fundamentals, such as revenue growth or operating cash flow patterns.
Penta
On November 18, 2024 Penta Ocean Construction Co had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Penta Ocean is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Penta Ocean Construction Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Penta Ocean trading volume to give more weight to distributions with higher volume over lower volume.
On November 19 2024 Penta Ocean Construction Co was traded for 3.70 at the closing time. The highest daily price throughout the period was 3.70 and the lowest price was 3.70 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 did not cause price change. The trading delta at closing time to current closing price is 2.16% .
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
For every potential investor in Penta, whether a beginner or expert, Penta Ocean's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Penta Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Penta. Basic forecasting techniques help filter out the noise by identifying Penta Ocean's price trends.
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 Penta Ocean stock to make a market-neutral strategy. Peer analysis of Penta Ocean could also be used in its relative valuation, which is a method of valuing Penta Ocean by comparing valuation metrics with similar companies.
Penta Ocean Construc 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 Penta Ocean'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 Penta Ocean's current price.
Market strength indicators help investors to evaluate how Penta Ocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Penta Ocean shares will generate the highest return on investment. By undertsting and applying Penta Ocean stock market strength indicators, traders can identify Penta Ocean Construction Co entry and exit signals to maximize returns.
The analysis of Penta Ocean'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 Penta Ocean's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting penta 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.
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.
Penta Ocean financial ratios help investors to determine whether Penta Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Penta with respect to the benefits of owning Penta Ocean security.