Plutonian Acquisition Stock Forecast - Price Action Indicator
| PLTNDelisted Stock | 2.43 3.89 61.55% |
Plutonian Stock Forecast is based on your current time horizon.
Plutonian |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (3.83) | (3.83) |
| Check Plutonian Acquisition Volatility | Backtest Plutonian Acquisition | Information Ratio |
Plutonian Acquisition Trading Date Momentum
| On December 17 2024 Plutonian Acquisition Corp was traded for 2.43 at the closing time. The top price for the day was 6.32 and the lowest listed price was 2.32 . There was no trading activity during the period 0.0. Lack of trading volume on December 17, 2024 did not cause price change. The trading delta at closing time against the current closing price is 160.08% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Plutonian Acquisition to competition
Plutonian Acquisition 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 Plutonian Acquisition stock to make a market-neutral strategy. Peer analysis of Plutonian Acquisition could also be used in its relative valuation, which is a method of valuing Plutonian Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Plutonian Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Plutonian Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Plutonian Acquisition shares will generate the highest return on investment. By undertsting and applying Plutonian Acquisition stock market strength indicators, traders can identify Plutonian Acquisition Corp entry and exit signals to maximize returns.
Plutonian Acquisition Risk Indicators
The analysis of Plutonian Acquisition'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 Plutonian Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting plutonian 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 | 5.98 | |||
| Standard Deviation | 12.84 | |||
| Variance | 164.97 |
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 Plutonian Acquisition
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 Plutonian Acquisition 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 Plutonian Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with Plutonian Stock
| 0.78 | BKRKY | Bank Rakyat | PairCorr |
| 0.83 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.79 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.72 | PBCRY | Bank Central Asia | PairCorr |
Moving against Plutonian Stock
| 0.83 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.81 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.78 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.77 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
The ability to find closely correlated positions to Plutonian Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plutonian Acquisition 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 Plutonian Acquisition - 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 Plutonian Acquisition Corp to buy it.
The correlation of Plutonian Acquisition 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 Plutonian Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plutonian Acquisition 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 Plutonian Acquisition 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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Plutonian Stock
If you are still planning to invest in Plutonian Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Plutonian Acquisition's history and understand the potential risks before investing.
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