INPAQ Technology Stock Forecast - Accumulation Distribution

6284 Stock  TWD 80.80  0.40  0.50%   
INPAQ Stock Forecast is based on your current time horizon.
  
On November 29, 2024 INPAQ Technology Co had Accumulation Distribution of 9572.44. The accumulation distribution (A/D) indicator shows the degree to which INPAQ Technology is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of INPAQ Technology Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by INPAQ Technology trading volume to give more weight to distributions with higher volume over lower volume.
Check INPAQ Technology VolatilityBacktest INPAQ TechnologyTrend Details  

INPAQ Technology Trading Date Momentum

On December 02 2024 INPAQ Technology Co was traded for  79.00  at the closing time. The highest price during the trading period was 80.80  and the lowest recorded bid was listed for  78.70 . The volume for the day was 655.3 K. This history from December 2, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.25% . The trading delta at closing time to the current price is 2.28% .
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 INPAQ Technology

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

INPAQ Technology 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 INPAQ Technology stock to make a market-neutral strategy. Peer analysis of INPAQ Technology could also be used in its relative valuation, which is a method of valuing INPAQ Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

INPAQ Technology 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 INPAQ Technology'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 INPAQ Technology's current price.

INPAQ Technology Market Strength Events

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

INPAQ Technology Risk Indicators

The analysis of INPAQ Technology'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 INPAQ Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inpaq 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.

Pair Trading with INPAQ Technology

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 INPAQ Technology 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 INPAQ Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with INPAQ Stock

  0.628069 E Ink HoldingsPairCorr
  0.882327 Yageo CorpPairCorr

Moving against INPAQ Stock

  0.763036A WT MicroelectronicsPairCorr
  0.762354 Foxconn TechnologyPairCorr
  0.573056 ZongTai Real EstatePairCorr
  0.568284 Mitake InformationPairCorr
  0.552545 Huang Hsiang ConstructionPairCorr
The ability to find closely correlated positions to INPAQ Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INPAQ Technology 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 INPAQ Technology - 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 INPAQ Technology Co to buy it.
The correlation of INPAQ Technology 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 INPAQ Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INPAQ Technology 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 INPAQ Technology 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.
Pair CorrelationCorrelation Matching

Additional Tools for INPAQ Stock Analysis

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