Ngx Energy Stock Forecast - Accumulation Distribution

Ngx Stock Forecast is based on your current time horizon.
  
On January 3, 2025 Ngx Energy International had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Ngx Energy is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ngx Energy International to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ngx Energy trading volume to give more weight to distributions with higher volume over lower volume.
Check Ngx Energy VolatilityBacktest Ngx EnergyInformation Ratio  
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 Ngx Energy to competition

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

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Ngx Stock Analysis

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