Shanghai Electric Pink Sheet Forecast - Accumulation Distribution

Shanghai Pink Sheet Forecast is based on your current time horizon.
  
On September 12, 2024 Shanghai Electric Group had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Shanghai Electric is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Shanghai Electric Group to determine if accumulation or reduction is taking place in the market. This value is adjusted by Shanghai Electric trading volume to give more weight to distributions with higher volume over lower volume.
Check Shanghai Electric VolatilityBacktest Shanghai ElectricInformation 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 Shanghai Electric to competition

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map 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 various price indices.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Tools for Shanghai Pink Sheet

When running Shanghai Electric's price analysis, check to measure Shanghai Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shanghai Electric is operating at the current time. Most of Shanghai Electric's value examination focuses on studying past and present price action to predict the probability of Shanghai Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Electric's price. Additionally, you may evaluate how the addition of Shanghai Electric to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Stocks Directory
Find actively traded stocks across global markets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Bonds Directory
Find actively traded corporate debentures issued by US companies