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On October 2, 2024 Top Glove had Accumulation Distribution of 640819.0. The accumulation distribution (A/D) indicator shows the degree to which Top Glove is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Top Glove to determine if accumulation or reduction is taking place in the market. This value is adjusted by Top Glove trading volume to give more weight to distributions with higher volume over lower volume.
On October 03 2024 Top Glove was traded for 1.01 at the closing time. The highest price during the trading period was 1.02 and the lowest recorded bid was listed for 1.00 . The volume for the day was 19.2 M. This history from October 3, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% .
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
For every potential investor in Top, whether a beginner or expert, Top Glove's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Top Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Top. Basic forecasting techniques help filter out the noise by identifying Top Glove's price trends.
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 Top Glove stock to make a market-neutral strategy. Peer analysis of Top Glove could also be used in its relative valuation, which is a method of valuing Top Glove by comparing valuation metrics with similar companies.
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 Top Glove'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 Top Glove's current price.
Market strength indicators help investors to evaluate how Top Glove stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Top Glove shares will generate the highest return on investment. By undertsting and applying Top Glove stock market strength indicators, traders can identify Top Glove entry and exit signals to maximize returns.
The analysis of Top Glove'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 Top Glove's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting top 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.
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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.
Top Glove financial ratios help investors to determine whether Top 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 Top with respect to the benefits of owning Top Glove security.