Axion Power Pink Sheet Forecast - Accumulation Distribution

AXPWQDelisted Stock  USD 0.0001  0.00  0.00%   
Axion Pink Sheet Forecast is based on your current time horizon.
  
On January 18, 2023 Axion Power International had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Axion Power is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Axion Power International to determine if accumulation or reduction is taking place in the market. This value is adjusted by Axion Power trading volume to give more weight to distributions with higher volume over lower volume.
Check Axion Power VolatilityBacktest Axion PowerTrend Details  

Axion Power Trading Date Momentum

On January 19 2023 Axion Power International was traded for  0.0001  at the closing time. The highest daily price throughout the period was 0.0001  and the lowest price was  0.0001 . There was no trading activity during the period 1.0. Lack of trading volume on 01/19/2023 did not affect price variability. The overall trading delta to current closing 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
Compare Axion Power to competition

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

Axion Power Market Strength Events

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

Pair Trading with Axion Power

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 Axion Power 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 Axion Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axion Pink Sheet

  1.0ROBOF RoboGroup TEKPairCorr
The ability to find closely correlated positions to Axion Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axion Power 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 Axion Power - 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 Axion Power International to buy it.
The correlation of Axion Power 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 Axion Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axion Power International 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 Axion Power 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
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Consideration for investing in Axion Pink Sheet

If you are still planning to invest in Axion Power International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Axion Power's history and understand the potential risks before investing.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings