Shifa International Stock Forecast - Accumulation Distribution
| SHFA Stock | 397.54 1.25 0.31% |
Shifa Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shifa International stock prices and determine the direction of Shifa International Hospitals's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shifa International's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shifa |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 619.81 | 12092.12 |
| Check Shifa International Volatility | Backtest Shifa International | Trend Details |
Shifa International Trading Date Momentum
| On October 08 2024 Shifa International Hospitals was traded for 195.01 at the closing time. The highest price during the trading period was 199.57 and the lowest recorded bid was listed for 191.68 . The volume for the day was 114.5 K. This history from October 8, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.55% . The trading price change to the current price is 4.94% . |
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 Shifa International to competition |
Other Forecasting Options for Shifa International
For every potential investor in Shifa, whether a beginner or expert, Shifa International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shifa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shifa. Basic forecasting techniques help filter out the noise by identifying Shifa International's price trends.Shifa International 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 Shifa International stock to make a market-neutral strategy. Peer analysis of Shifa International could also be used in its relative valuation, which is a method of valuing Shifa International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shifa International Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Shifa International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Shifa International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shifa International Market Strength Events
Market strength indicators help investors to evaluate how Shifa International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shifa International shares will generate the highest return on investment. By undertsting and applying Shifa International stock market strength indicators, traders can identify Shifa International Hospitals entry and exit signals to maximize returns.
| Accumulation Distribution | 1288.24 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 397.0 | |||
| Day Typical Price | 397.18 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (1.25) | |||
| Relative Strength Index | 62.32 |
Shifa International Risk Indicators
The analysis of Shifa International'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 Shifa International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shifa 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 | 3.22 | |||
| Semi Deviation | 2.37 | |||
| Standard Deviation | 4.09 | |||
| Variance | 16.75 | |||
| Downside Variance | 11.21 | |||
| Semi Variance | 5.61 | |||
| Expected Short fall | (3.83) |
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 Shifa International
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 Shifa International 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 Shifa International will appreciate offsetting losses from the drop in the long position's value.Moving together with Shifa Stock
Moving against Shifa Stock
The ability to find closely correlated positions to Shifa International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shifa International 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 Shifa International - 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 Shifa International Hospitals to buy it.
The correlation of Shifa International 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 Shifa International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shifa International 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 Shifa International 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.Other Information on Investing in Shifa Stock
Shifa International financial ratios help investors to determine whether Shifa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shifa with respect to the benefits of owning Shifa International security.