BYD ELECTRONIC Stock Forecast - Accumulation Distribution

4BY Stock   4.20  0.07  1.69%   
BYD Stock Forecast is based on your current time horizon.
  
On October 16, 2024 BYD ELECTRONIC had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which BYD ELECTRONIC is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BYD ELECTRONIC to determine if accumulation or reduction is taking place in the market. This value is adjusted by BYD ELECTRONIC trading volume to give more weight to distributions with higher volume over lower volume.
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BYD ELECTRONIC Trading Date Momentum

On October 17 2024 BYD ELECTRONIC was traded for  3.80  at the closing time. The highest price during the trading period was 3.80  and the lowest recorded bid was listed for  3.80 . The volume for the day was 377. This history from October 17, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 0.80% . The overall trading delta to the current price is 7.16% .
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 BYD ELECTRONIC

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

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

BYD ELECTRONIC Market Strength Events

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

BYD ELECTRONIC Risk Indicators

The analysis of BYD ELECTRONIC'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 BYD ELECTRONIC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting byd 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 BYD Stock Analysis

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