Scottie Resources Stock Forecast - Accumulation Distribution

SCOT Stock  CAD 0.16  0.01  5.88%   
Scottie Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to climb to 3.19 in 2024. Payables Turnover is likely to climb to 0.07 in 2024. Common Stock Shares Outstanding is likely to climb to about 305.9 M in 2024, despite the fact that Net Loss is likely to grow to (8.1 M).
Scottie Resources Corp has current Accumulation Distribution of 6703.24. The accumulation distribution (A/D) indicator shows the degree to which Scottie Resources is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Scottie Resources Corp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Scottie Resources trading volume to give more weight to distributions with higher volume over lower volume.
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Scottie Resources Trading Date Momentum

On November 29 2024 Scottie Resources Corp was traded for  0.16  at the closing time. The maximum traded price for the trading interval was 0.17  and the lowest daily price was  0.16 . The daily volume was recorded at 114 K. The volume of trading on 29th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 6.25% .
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 Scottie Resources

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

Scottie Resources 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 Scottie Resources stock to make a market-neutral strategy. Peer analysis of Scottie Resources could also be used in its relative valuation, which is a method of valuing Scottie Resources by comparing valuation metrics with similar companies.
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Scottie Resources Corp 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 Scottie Resources' 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 Scottie Resources' current price.

Scottie Resources Market Strength Events

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

Scottie Resources Risk Indicators

The analysis of Scottie Resources' 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 Scottie Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scottie 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Scottie Stock Analysis

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