THRACE PLASTICS Stock Forecast - Accumulation Distribution

TP3 Stock  EUR 3.94  0.02  0.51%   
THRACE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast THRACE PLASTICS stock prices and determine the direction of THRACE PLASTICS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of THRACE PLASTICS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 18, 2024 THRACE PLASTICS had Accumulation Distribution of 0.0076. The accumulation distribution (A/D) indicator shows the degree to which THRACE PLASTICS is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of THRACE PLASTICS to determine if accumulation or reduction is taking place in the market. This value is adjusted by THRACE PLASTICS trading volume to give more weight to distributions with higher volume over lower volume.
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THRACE PLASTICS Trading Date Momentum

On December 19 2024 THRACE PLASTICS was traded for  3.93  at the closing time. The maximum traded price for the trading interval was 3.93  and the lowest daily price was  3.88 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.25% .
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 THRACE PLASTICS

For every potential investor in THRACE, whether a beginner or expert, THRACE PLASTICS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. THRACE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in THRACE. Basic forecasting techniques help filter out the noise by identifying THRACE PLASTICS's price trends.

THRACE PLASTICS 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 THRACE PLASTICS stock to make a market-neutral strategy. Peer analysis of THRACE PLASTICS could also be used in its relative valuation, which is a method of valuing THRACE PLASTICS by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

THRACE PLASTICS 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 THRACE PLASTICS'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 THRACE PLASTICS's current price.

THRACE PLASTICS Market Strength Events

Market strength indicators help investors to evaluate how THRACE PLASTICS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading THRACE PLASTICS shares will generate the highest return on investment. By undertsting and applying THRACE PLASTICS stock market strength indicators, traders can identify THRACE PLASTICS entry and exit signals to maximize returns.

THRACE PLASTICS Risk Indicators

The analysis of THRACE PLASTICS'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 THRACE PLASTICS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thrace 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.

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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.

Other Information on Investing in THRACE Stock

THRACE PLASTICS financial ratios help investors to determine whether THRACE 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 THRACE with respect to the benefits of owning THRACE PLASTICS security.