Agroliga Group Stock Forecast - Relative Strength Index
| AGL Stock | 19.40 1.70 9.60% |
Agroliga Stock Forecast is based on your current time horizon.
Agroliga |
| Check Agroliga Group Volatility | Backtest Agroliga Group | Information Ratio |
Agroliga Group Trading Date Momentum
| On January 03 2025 Agroliga Group PLC was traded for 19.40 at the closing time. The highest price during the trading period was 19.40 and the lowest recorded bid was listed for 17.70 . There was no trading activity during the period 0.0. Lack of trading volume on January 3, 2025 did not affect price variability. The overall trading delta to the current price is 8.76% . |
Agroliga Group 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 Agroliga Group stock to make a market-neutral strategy. Peer analysis of Agroliga Group could also be used in its relative valuation, which is a method of valuing Agroliga Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Agroliga Group Market Strength Events
Market strength indicators help investors to evaluate how Agroliga Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agroliga Group shares will generate the highest return on investment. By undertsting and applying Agroliga Group stock market strength indicators, traders can identify Agroliga Group PLC entry and exit signals to maximize returns.
Agroliga Group Risk Indicators
The analysis of Agroliga Group'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 Agroliga Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agroliga 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 | 2.0 | |||
| Semi Deviation | 2.6 | |||
| Standard Deviation | 2.88 | |||
| Variance | 8.3 | |||
| Downside Variance | 13.2 | |||
| Semi Variance | 6.76 | |||
| Expected Short fall | (2.66) |
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 Agroliga Group
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 Agroliga Group 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 Agroliga Group will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Agroliga Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agroliga Group 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 Agroliga Group - 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 Agroliga Group PLC to buy it.
The correlation of Agroliga Group 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 Agroliga Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agroliga Group PLC 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 Agroliga Group 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.Additional Tools for Agroliga Stock Analysis
When running Agroliga Group's price analysis, check to measure Agroliga Group'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 Agroliga Group is operating at the current time. Most of Agroliga Group's value examination focuses on studying past and present price action to predict the probability of Agroliga Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agroliga Group's price. Additionally, you may evaluate how the addition of Agroliga Group to your portfolios can decrease your overall portfolio volatility.