IFIN Old Stock Forecast - Accumulation Distribution
IFIN Stock Forecast is based on your current time horizon.
IFIN |
| Check IFIN Old Volatility | Backtest IFIN Old | Trend Details |
IFIN Old Trading Date Momentum
| On June 24 2024 IFIN Old was traded for 11.62 at the closing time. The top price for the day was 11.62 and the lowest listed price was 11.61 . The trading volume for the day was 4.2 K. The trading history from June 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.17% . The trading delta at closing time against the current closing price is 0.69% . |
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 IFIN Old to competition
View IFIN Old Related Equities
| Risk & Return | Correlation |
IFIN Old Risk Indicators
The analysis of IFIN Old'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 IFIN Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ifin 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 | 2.68 | |||
| Standard Deviation | 5.81 | |||
| Variance | 33.76 |
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 IFIN Old
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 IFIN Old 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 IFIN Old will appreciate offsetting losses from the drop in the long position's value.Moving against IFIN Stock
| 0.76 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.53 | NDEKY | Nitto Denko Corp Earnings Call Tomorrow | PairCorr |
| 0.49 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.46 | AXP | American Express Earnings Call Tomorrow | PairCorr |
| 0.39 | MNPR | Monopar Therapeutics Trending | PairCorr |
The ability to find closely correlated positions to IFIN Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFIN Old 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 IFIN Old - 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 IFIN Old to buy it.
The correlation of IFIN Old 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 IFIN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IFIN Old 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 IFIN Old 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.Check out Risk vs Return Analysis 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 gross domestic product. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in IFIN Stock
If you are still planning to invest in IFIN Old 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 IFIN Old's history and understand the potential risks before investing.
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