JAN Old Stock Forecast - Accumulation Distribution
JAN Stock Forecast is based on your current time horizon.
JAN |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 11929.58 | 2399.32 |
| Check JAN Old Volatility | Backtest JAN Old | Trend Details |
JAN Old Trading Date Momentum
| On May 09 2024 JAN Old was traded for 4.14 at the closing time. Highest JAN Old's price during the trading hours was 4.39 and the lowest price during the day was 3.81 . The net volume was 59 K. The overall trading history on the 9th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.72% . The trading delta at closing time to current price is 1.40% . |
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 JAN Old to competition
View JAN Old Related Equities
| Risk & Return | Correlation |
JAN Old Risk Indicators
The analysis of JAN 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 JAN Old's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jan 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 | 4.65 | |||
| Standard Deviation | 7.08 | |||
| Variance | 50.15 |
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 JAN 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 JAN 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 JAN Old will appreciate offsetting losses from the drop in the long position's value.Moving against JAN Stock
| 0.84 | WMT | Walmart | PairCorr |
| 0.77 | DIS | Walt Disney | PairCorr |
| 0.76 | GOOGL | Alphabet Class A | PairCorr |
| 0.72 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.62 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to JAN 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 JAN 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 JAN 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 JAN Old to buy it.
The correlation of JAN 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 JAN Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JAN 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 JAN 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 nation. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in JAN Stock
If you are still planning to invest in JAN 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 JAN Old's history and understand the potential risks before investing.
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