Nova Wellness Stock Forecast - Accumulation Distribution
| 0201 Stock | 0.45 0.02 4.65% |
Nova Stock Forecast is based on your current time horizon.
Nova |
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Nova Wellness Trading Date Momentum
| On November 29 2024 Nova Wellness Group was traded for 0.45 at the closing time. The highest price during the trading period was 0.45 and the lowest recorded bid was listed for 0.45 . The volume for the day was 6.1 K. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 2.22% . |
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 Nova Wellness
For every potential investor in Nova, whether a beginner or expert, Nova Wellness' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nova Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nova. Basic forecasting techniques help filter out the noise by identifying Nova Wellness' price trends.Nova Wellness 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 Nova Wellness stock to make a market-neutral strategy. Peer analysis of Nova Wellness could also be used in its relative valuation, which is a method of valuing Nova Wellness by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nova Wellness Group 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 Nova Wellness' 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 Nova Wellness' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Nova Wellness Market Strength Events
Market strength indicators help investors to evaluate how Nova Wellness stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Wellness shares will generate the highest return on investment. By undertsting and applying Nova Wellness stock market strength indicators, traders can identify Nova Wellness Group entry and exit signals to maximize returns.
Nova Wellness Risk Indicators
The analysis of Nova Wellness' 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 Nova Wellness' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nova 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 | 1.54 | |||
| Semi Deviation | 1.7 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.77 | |||
| Downside Variance | 8.73 | |||
| Semi Variance | 2.88 | |||
| Expected Short fall | (2.91) |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nova Stock
Nova Wellness financial ratios help investors to determine whether Nova Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Wellness security.