CHIM Etf Forecast - Accumulation Distribution
| CHIM Etf | USD 16.44 0.03 0.18% |
CHIM Etf Forecast is based on your current time horizon.
CHIM |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 0.89 | 0.0018 |
| Check CHIM Volatility | Backtest CHIM | Information Ratio |
CHIM Trading Date Momentum
| On December 13 2024 CHIM was traded for 16.44 at the closing time. The top price for the day was 16.44 and the lowest listed price was 16.41 . There was no trading activity during the period 0.0. Lack of trading volume on December 13, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.18% . |
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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CHIM 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 CHIM etf to make a market-neutral strategy. Peer analysis of CHIM could also be used in its relative valuation, which is a method of valuing CHIM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CHIM Market Strength Events
Market strength indicators help investors to evaluate how CHIM etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHIM shares will generate the highest return on investment. By undertsting and applying CHIM etf market strength indicators, traders can identify CHIM entry and exit signals to maximize returns.
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The market value of CHIM is measured differently than its book value, which is the value of CHIM that is recorded on the company's balance sheet. Investors also form their own opinion of CHIM's value that differs from its market value or its book value, called intrinsic value, which is CHIM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CHIM's market value can be influenced by many factors that don't directly affect CHIM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CHIM's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.