Model N Stock Forecast - Accumulation Distribution
| MODNDelisted Stock | USD 30.00 0.02 0.07% |
Model Stock Forecast is based on your current time horizon.
Model |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 19391.12 | 17121.89 |
| Check Model N Volatility | Backtest Model N | Trend Details |
Model N Trading Date Momentum
| On April 11 2024 Model N was traded for 29.83 at the closing time. The top price for the day was 29.85 and the lowest listed price was 29.65 . The trading volume for the day was 961.9 K. The trading history from April 11, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.57% . The trading delta at closing time against the current closing price is 0.24% . |
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 Model N to competition
Model N 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 Model N stock to make a market-neutral strategy. Peer analysis of Model N could also be used in its relative valuation, which is a method of valuing Model N by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Model N Market Strength Events
Market strength indicators help investors to evaluate how Model N stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Model N shares will generate the highest return on investment. By undertsting and applying Model N stock market strength indicators, traders can identify Model N entry and exit signals to maximize returns.
Model N Risk Indicators
The analysis of Model N'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 Model N's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting model 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 | 0.5044 | |||
| Semi Deviation | 0.2947 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.96 | |||
| Downside Variance | 0.646 | |||
| Semi Variance | 0.0869 | |||
| Expected Short fall | (0.69) |
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 Model N
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 Model N 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 Model N will appreciate offsetting losses from the drop in the long position's value.Moving together with Model Stock
Moving against Model Stock
| 0.9 | PSGTF | PT Semen Indonesia | PairCorr |
| 0.77 | VLCN | Volcon Inc | PairCorr |
| 0.71 | BPTS | Biophytis | PairCorr |
| 0.71 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.6 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
The ability to find closely correlated positions to Model N could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Model N 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 Model N - 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 Model N to buy it.
The correlation of Model N 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 Model N moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Model N 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 Model N 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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Model Stock
If you are still planning to invest in Model N 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 Model N's history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |