Lucy Scientific Stock Forecast - Accumulation Distribution

Lucy Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Lucy Scientific's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On July 8, 2024 Lucy Scientific Discovery had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Lucy Scientific is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Lucy Scientific Discovery to determine if accumulation or reduction is taking place in the market. This value is adjusted by Lucy Scientific trading volume to give more weight to distributions with higher volume over lower volume.
Check Lucy Scientific VolatilityBacktest Lucy ScientificInformation 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 Lucy Scientific to competition

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

Currently Active Assets on Macroaxis

Check out Correlation 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 unemployment.
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 Lucy Stock

If you are still planning to invest in Lucy Scientific Discovery 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 Lucy Scientific's history and understand the potential risks before investing.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk