Axfood AB Stock Forecast - Price Action Indicator
| AXL1 Stock | EUR 20.02 0.58 2.82% |
Axfood Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Axfood AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
Axfood |
| Check Axfood AB Volatility | Backtest Axfood AB | Trend Details |
Axfood AB Trading Date Momentum
| On December 27 2024 Axfood AB was traded for 19.75 at the closing time. The maximum traded price for the trading interval was 19.75 and the lowest daily price was 19.75 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.35% . The overall trading delta to the closing price today is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Axfood AB 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 Axfood AB stock to make a market-neutral strategy. Peer analysis of Axfood AB could also be used in its relative valuation, which is a method of valuing Axfood AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axfood AB Market Strength Events
Market strength indicators help investors to evaluate how Axfood AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axfood AB shares will generate the highest return on investment. By undertsting and applying Axfood AB stock market strength indicators, traders can identify Axfood AB entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 20.02 | |||
| Day Typical Price | 20.02 | |||
| Price Action Indicator | (0.29) | |||
| Period Momentum Indicator | (0.58) | |||
| Relative Strength Index | 43.12 |
Axfood AB Risk Indicators
The analysis of Axfood AB'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 Axfood AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axfood 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 | 1.37 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.88 |
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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Other Information on Investing in Axfood Stock
Axfood AB financial ratios help investors to determine whether Axfood 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 Axfood with respect to the benefits of owning Axfood AB security.