Addcn Technology Stock Forecast - Period Momentum Indicator

5287 Stock  TWD 185.50  1.00  0.54%   
Addcn Stock Forecast is based on your current time horizon.
  
Addcn Technology Co has current Period Momentum Indicator of (1.00). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Addcn Technology Trading Date Momentum

On December 22 2024 Addcn Technology Co was traded for  185.50  at the closing time. The highest price during the trading period was 187.00  and the lowest recorded bid was listed for  184.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.81% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Addcn Technology

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

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

Addcn Technology 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 Addcn Technology'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 Addcn Technology's current price.

Addcn Technology Market Strength Events

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

Addcn Technology Risk Indicators

The analysis of Addcn Technology'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 Addcn Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting addcn 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.

Pair Trading with Addcn Technology

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 Addcn Technology 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 Addcn Technology will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Addcn Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addcn Technology 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 Addcn Technology - 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 Addcn Technology Co to buy it.
The correlation of Addcn Technology 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 Addcn Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addcn Technology 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 Addcn Technology 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.
Pair CorrelationCorrelation Matching

Additional Tools for Addcn Stock Analysis

When running Addcn Technology's price analysis, check to measure Addcn Technology'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 Addcn Technology is operating at the current time. Most of Addcn Technology's value examination focuses on studying past and present price action to predict the probability of Addcn Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addcn Technology's price. Additionally, you may evaluate how the addition of Addcn Technology to your portfolios can decrease your overall portfolio volatility.